Implementing changes can be a daunting process. While many in our industry mean well, they simply do not have the technical knowledge to ensure your title agency or settlement services company is secure. Good news! Cloudstar is here to help you with your ALTA Best Practices implementations.
ALTA Best Practices Assessments | mycloudstar.com.
This bill is working its way through the legislature.
As passed, the bill would wind down Fannie Mae and Freddie Mac within five years, replace them with a “public utility†to oversee the creation and maintenance of a single platform for the private sale of mortgages and end all federal guarantees. It also would reduce the mortgage insurance coverage provided by the Federal Housing Administration to only 50% of the mortgage being insured and re-target the FHA to serve first-time and low-income homebuyers.
ABA Dodd-Frank Tracker: House Panel Approves Hensarling Housing Bill.
What do you think the impact will be if this bill passes?
The number of Americans who believe homeownership is a positive financial investment is on the rise, and a majority of renters now say homeownership is one of their highest priorities for the future — both indicators that the housing recovery may be taking off.
Outlook brightens in national housing survey: NAR | HousingWire.
There is no doubt fraudsters continue to penetrate businesses in the title insurance, mortgage and settlement services industries. And it can be tough to stay ahead of the many nefarious acts fraudsters use to steal funds, damage systems and threaten the very livelihood of businesses, whether they are small, medium or large corporate entities.
Fraud Alert: The Latest Schemes Haunting Title Companies Webinar.
I got this from Greg at Cloudstar Consulting. Follow Greg on Twitter at @titleTechnology.
201307_cfpb_mortgage-implementation-readiness-guide.pdf
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 OPEN | Estimated Length: 2 hours Cost: $45.00 (USD) Credits: 2 Enrollment Valid For: 12 months |
2 Credits.
The major lien disclosed on the county level is a mortgage. A mortgage is a limited conveyance of real property, the purpose of which is to create a security interest for an underlying debt, usually a mortgage note. Understanding the mortgage, how it is recorded, and how to remove it from the record is a core understanding of the Title Insurance industry.
The Course covers:
Upon completion of this course the learner will be able to
Here is a comparison of the disclosure forms used today and the forms proposed by CFPB to become effective sometime in 2014
Disclosure comparison > Consumer Financial Protection Bureau.
