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Tag Archives: title

D.C.’s Address Confidentiality Act

Here are the potential challenges that servicers are likely to face due to legislation that may affect their ability to adequately assess title on certain properties in Washington, D.C. Editor’s note: This feature originally appeared in the January issue of DS News.

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Why CWCOT Is Good for Homeowners

The FHA’s recent Annual Report of its MMI Fund highlights a key area that has been saving money for taxpayers. Five Star Institute’s President and CEO, Ed Delgado makes a case for why certain tweaks to the FHA’s CWCOT program would provide a win-win for borrowers and the FHA.

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The Growing Risk in Municipal Liens

foreclosures

During the foreclosure crisis, filing a lien was the only way many taxing authorities realized tax revenue for properties in communities hardest hit by the financial crash. But here’s why municipal liens today pose a significant risk for servicers.

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Implementing Blockchain Into Real Estate

With paper documentation, there is always a significant risk, whether it be physical damage, getting lost, or being tampered with. At a webinar experts from financial services firms explained how blockchain could help in mitigating these challenges.

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Making Assignments in the Dark

The chain of title is the guy-wire that holds the home finance industry upright. Without some method to determine who owns a given parcel of real estate, it cannot be used as collateral for a loan. In cases where these loans go into default, a clear title is essential for a smooth foreclosure and REO process. Unfortunately, problems arise that cloud the title, increasing loss severity for investors.

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