Tag Archives: Attorneys & Title Companies

CampusMBA, a division of the Mortgage Bankers Association (MBA) that furnishes the mortgage industry with up-to-date and relevant educational opportunities, said Monday that its new loss mitigation training program has another client in Republic Mortgage Insurance Co.

The director of the Office of Federal Housing Enterprise Oversight (OFHEO), which is the governing body over America’s government-sponsored enterprises (GSEs), warned the Senate Banking, Housing and Urban Affairs Committee this week about expanding the GSEs’ ability to take on jumbo loans without first having the appropriate stipulations and regulatory structures in place.

Another major corporation is launching an initiative designed to help homeowners impacted by the recent California wildfires. Fidelity National Title Group says its title insurance underwriters—Chicago Title, Fidelity National Title and Ticor Title—are reaching out to victims of the California wildfires by reducing insurance rates by 50-percent for homeowners who either lost part of their home or all of their home during the natural disaster.

Bakersfield, California-based Pacific Auction Exchange Inc.), a real estate auction company, says it expects the popularity of its business model to grow in the current real estate market. In a press statement, PAX said it has franchised the real estate auction format and attempts to have 150 units up and operating by August of next year.