Radian buys direct-to-consumer title insurer Entitle Direct

Over the last few months, Radian Group has restructured its mortgage and real estate services business, which is conducted through its principal subsidiary Clayton Holdings, and Clayton’s subsidiaries: Green River Capital, Red Bell Real Estate, and ValuAmerica. Now, Radian is making another change in its services business by acquiring Entitle Direct Group, a title insurance and settlement services company that specializes in selling title insurance directly to consumers.
Source: HousingWire Magazine

New York foreclosure firm accused of cheating Fannie Mae out of millions

A New York foreclosure law firm allegedly used its affiliated companies to “systemically” overcharge for foreclosure-related services and defraud Fannie Mae out of “millions of dollars.” According to the U.S. Attorney’s Office, Rosicki, Rosicki & Associates engaged in a scheme with its wholly owned affiliates, Enterprise Process Service and Paramount Land, to markup foreclosure services by as much as 750% knowing that Fannie Mae would pay the bills.
Source: HousingWire Magazine

Comment on Changing Markets by Mike Ford, AGA, GAA, RAA, Realtor(r)

Another great article by Rachel Massey. Well done. A word of caution though. In changing markets rarely do al or most of the factors noted in the article present themselves as a neat and orderly consistent trend. Just the opposite. When change takes place its often messy.

Recently a Georgia appraiser pointed out rapidly changed, high percentage rate increases in the Atlanta area. To me, the stats recited are classical evidence of at least a current trend change. Whether it is or will be sustainable is not in anyone’s crystal ball yet.

Source: Working RE Magazine

Former NAMB president joins newly formed AIME

The newly formed Association of Independent Mortgage Experts announced it grew its leadership team with the addition of a senior vice president of legislative and government affairs. AIME announced former National Association of Mortgage Brokers President John Councilman joined its leadership team.
Source: HousingWire Magazine

FHFA officially sets date for Fannie, Freddie single security

After years of work and planning, the development of a single mortgage-backed security that will be issued by both Fannie Mae and Freddie Mac is nearly complete. The FHFA announced Wednesday that the government-sponsored enterprises will officially begin issuing the single security, called the Uniform Mortgage-Backed Security, on June 3, 2019.
Source: HousingWire Magazine

Pain-Free Guarantee for More Business

Give yourself a competitive advantage and reduce your headaches in one smart move with a simple, no-gimmick Home Warranty!

The post Pain-Free Guarantee for More Business first appeared at Working RE Magazine.

Source: Working RE Magazine

Spring home buying season begins: pending home sales rise

The spring home buying season is already beginning as pending home sales reversed course and increased in much of the country in February. NAR explained the expanding economy and healthy job market are generating sizable homebuyer demand, but the minuscule number of listings on the market and its adverse effect on affordability are squeezing buyers and suppressing overall activity.
Source: HousingWire Magazine

Your next look at HW's 2018 Tech100

Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space… but only 100 were crowned. Yesterday, we unveiled 10 companies that made our list. Today, we’re showing off another 10… Click here to see some of the companies that made our list.
Source: HousingWire Magazine

Equifax names new CEO as fallout from data breach continues

Equifax has found who it believes is the right person to lead the company into its next phase as the credit reporting agency continues to deal with the fallout from its massive data breach that exposed the personal information of nearly 148 million U.S. consumers to hackers. Equifax announced Wednesday that it is naming former GE executive Mark Begor as its next CEO.
Source: HousingWire Magazine

Changing Markets

How can we analyze what factors are driving the market, and what we are to be aware of as possible bellwether indicators of a changing market?

The post Changing Markets first appeared at Working RE Magazine.

Source: Working RE Magazine