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LPS Mortgage Monitor: Continued Slow Improvement in Delinquency Rate 30 Nov -0001 | 12:00 am
The latest foreclosure and delinquency data from Lender Processing Services shows that the delinquency rate-- the percentage of borrowers significantly behind on their mortgage payments but not in for...
Federal Court of Appeals: Title Insurers Must Defend Even Meritless Title Claims 30 Nov -0001 | 12:00 am
The 7th Circuit Court of Appeals has ruled against a title insurer who declined to defend a policyholder over an apparently meritless lawsuit. Now, the failure to bat down what was ostensibly an easi...
ALTA Releases Q2 Title Industry Financial Data 30 Nov -0001 | 12:00 am
The American Land Title Association (ALTA) reported title insurance premium volume increased in all 50 states during the second quarter of 2012 compared to the same period a year ago.
MBA Weekly Report: Mortgage App Volume Increases 30 Nov -0001 | 12:00 am
Mortgage applications increased 11.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 7,...
Core Logic: Home Prices Register Largest Gain Since 2006 30 Nov -0001 | 12:00 am
CoreLogic, a leading provider of information, analytics and business services, has released its July Home Price Index, showing home prices, including distressed sales, increased on a year-over-year ba...
Maryland Title Company Owner Pleads Guilty in Escrow Theft 30 Nov -0001 | 12:00 am
A Maryland woman has pleaded guilty to wire fraud in connection with a scheme to use over $1.5 million in mortgage closing funds for her personal use or to operate her title companies.
Ohio Supreme Court: Publication on Website is No Substitute for Actual Notice 30 Nov -0001 | 12:00 am
A recent Ohio Supreme Court case tested the sufficiency of notice of sheriff's sales provided only through a publication on the sheriff's Website. The lender did not attend the sheriff's sale and uns...
Florida Title Agency Owner Accused of Illegally Pocketing $3.3 Million 30 Nov -0001 | 12:00 am
A Florida title agency owner has been charged with pocketing over $3.3 million in loan proceeds that was supposed to pay off mortgages on transactions she closed. Prosecutors say she used the proceed...
Ambiguous Title Policy Comes Back to Haunt Insurer 30 Nov -0001 | 12:00 am
The South Carolina Supreme Court has ruled that a title insurance policy should be construed in favor of the policy holder if the terms of the policy are ambiguous-- even if the outcome is seemingly n...
MBA Applauds Bill to Stop Eminent Domain Mortgage Seizures 30 Nov -0001 | 12:00 am
The Mortgage Bankers Association has applauded the introduction of the Defending American Taxpayers from Abusive Government Takings Act, filed in the U.S. House of Representatives by Congressman John ...
