Entries by Lindsay

HUD and HHS must work together on affordable housing

The COVID-19 crisis has taught us that health is not an isolated factor, but instead has huge ripple effects on our economy, on homelessness, on hunger and a host of other human factors. As the heads respectively of a major public health care provider and a major nonprofit affordable housing developer, we recognize the synergies between […]

The drive to digital in the title industry

The title industry has used artificial intelligence and automation in various parts of the process for many years. Title production software companies have made great strides in automation that eliminates re-keying and the transferring of data from one application to another. More and more companies — including underwriters, third-party vendors, and business process outsourcers — […]

Knight Barry Title acquires Florida’s MLS Title

Wisconsin-based Knight Barry Title has announced its acquisition of MLS Title, located in Fort Myers, Florida. The company now owns 12 companies in the Sunshine State. MLS Title, owned by Susan Malach, opened in 2004. “Bringing Susan’s great team on board serves two purposes for us — more convenience for our already loyal local customers […]

Biden’s $15K first-time homebuyer tax credit now a bill

President Joe Biden called for a first-time homebuyer $15,000 tax credit, and Congress has answered his call. United States Rep. Earl Blumenauer (D-OR) and Rep. Jimmy Panetta (D-CA) today introduced the new legislation, dubbed the “First-Time Homebuyer Act.” The bill would provide a tax credit for first-time homebuyers of up to 10% of the purchase […]

As exits slow, forbearance trickles down to 4.49%

The total number of servicers’ loans in forbearance has dropped for two months, however, forbearance portfolio volume fell just one basis point last week to an average of 4.49%, according to the Mortgage Bankers Association. Last week’s drop paled in comparison to the 40 basis point decline the previous two weeks had seen, and was likely […]

Home sale prices reach record highs — again

The effects of low housing inventory continue to cause significant ripples in the housing market, as a recent Redfin report shows home sale prices across the country have reached an average of $344,625 — an all-time high, and an 18% increase year over year. That’s well above the average home sale prices in Redfin’s March […]