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...key policy issues that the real estate industry will face this year. ""The real estate finance industry made steady progress in 2006, highlighted by the enactment of mortgage insurance premium...
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Search Results for: insurance
First American Announces New Title Technology
First American Title Insurance Company announced yesterday that it has completed the development of a new program that delivers insured title commitments in less than a minute. The new program,...
Read More »PMI Mortgage Promotes Two to SVPs
PMI Mortgage Insurance Co. announced today the promotion of two senior vice presidents. Stanley M. Pachura will serve as senior vice president of corporate systems, and Charles J. Starkovich will...
Read More »Operation HOPE Names Weedman, Ha First CRA Plus Award Recipients
...financial products and services aimed at small to midsize business customers. Operation HOPE is supported by more than 250 private banks, insurance companies, credit unions, and financial service companies. The...
Read More »First American Acquires Complete Title Services, LLC
First American Title Insurance Company announced today that is has acquired Brainer, Minnesota-based Complete Title Services, LLC. The company will continue to operate as Complete Title and retain its current...
Read More »REO Investors Take Heed, 300 Plus Detroit Homes Go on the Block
...pursue bargain sale prices through the foreclosure auction. Currently owned by banks or financial lenders, the foreclosed homes will be sold 'as is' and will come with guaranteed title insurance....
Read More »HUD Proposes New Definition of Qualified Mortgage
...APOR + 115 basis points (bps) + on-going Mortgage Insurance Premium (MIP). Legally, lenders that offer these loans are presumed to have determined that the borrower met the Ability-to-Repay standard....
Read More »Cuomo Proposes Reforms in Force-Placed Insurance
...instances of abuse among lenders and force-placed insurance providers. [IMAGE] Forced-placed insurance, which is insurance that a lien holder places on a property to cover a lapse of mortgage insurance,...
Read More »HUD Announces Disaster Relief for Storm Victims
...forbearance on foreclosures of FHA-insured home mortgages in the affected counties. HUD will also offer FHA insurance to families who have lost their home. Borrowers from FHA-approved lenders will be...
Read More »Genworth Expands Simply Underwrite Program
Genworth U.S. Mortgage Insurance (USMI) announced Monday that it will reduce rates and expand its Simply Underwrite program, which simplifies the underwriting process for customers that deliver loans through the...
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