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March 12, 2018


The Building Blocks of Title
The M Report | March 9, 2018 | Michael Haltman
In the search for records surrounding a property, anyone who has visited one of the 3,000-plus counties across the United States in search of a document has learned that the storage of legacy records can be an inefficient, inexact, and cumbersome process. However, these annoyances may be a thing of the past as “blockchain technology” becomes mainstream in the lexicon of business.

J.D. Power: Will Mortgage Lending Go Fully Digital in 2018?
HousingWire | March 9, 2018 | Kelsey Ramirez
J.D. Power conducted a new study, the 2017 J.D. Power U.S. Primary Mortgage Origination Study, which shows, for the first time, refinance and purchase customers cited online/website as the most frequent method of submitting a mortgage application.

Smart-Home Tech Brings New Cyber Risks
Realtor Mag | March 9, 2018 | Julie Knudson
During a closing process, it’s a good idea for a seller to change each device’s password to something unique but impersonal—the date of the sale, for example, or a random character string—and hand that information over to the buyer. The buyer should replace that with their own series of passwords as soon as they take possession of the property.

Here's What Faster Inflation and Rising Mortgage Rates Mean for Housing
Business Insider | March 9, 2018 | Mark Fleming
The author, chief economist with First American Financial Corp., says healthy economic growth and strong labo market, combined with increased risk of inflation and higher interest rates, could lead to reduced home-buying power.

Feds Make It Easier to Obtain Assistance
UExpress | March 9, 2018 | Lew Sichelman
The Federal Housing Finance Agency has made it easier for struggling borrowers to complete an application for mortgage help all by themselves: no outside--and expensive--assistance necessary.

Senate Banking Bill Could Make Mortgages Easier to Get from Your Local Bank
CNBC | March 9, 2018 | Sarah O'Brien
Qualifying for a mortgage could require jumping through fewer hoops and meeting fewer requirements at banks with $10 billion or less in assets. To sidestep strict federal guidelines for so-called "qualified mortgages," those institutions would be required to keep the loan on their books instead of selling it, among other conditions.

GSE Reform: What It Means for Borrowers
The M Report | March 9, 2018 | Seth Welborn
Borrowers might see a jump in their mortgages, according to Zillow. An analysis by Zillow determined that proposed reforms to the GSEs, Fannie Mae and Freddie Mac, may increase monthly payments by up to $400 a month.

3 Reasons to Be Optimistic about the Future of Non-QM Loans
HousingWire | March 9, 2018 | Tom Millon
For years, fans of non-QM loans have been claiming that this year is the year the market will take off. It's happening once again this year, and it's difficult to separate the reality from the hype.

CFPB Issues Final Rule on Borrower Notice of Foreclosure Prevention Options
Mortgage Professional America | March 9, 2018 | Francis Monfort
Mortgage servicers will now have more latitude in providing periodic statements to consumers entering or exiting bankruptcy under a final rule issued by the Consumer Financial Protection Bureau.

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Inside ALTA

Save the Date for First-ever ALTA Commercial Title Agents Meeting
Make sure to put it on your calendars now! ALTA will host its first Commercial Title Agents Meeting. If you're looking for a networking opportunity and a forum to discuss trends and policy regarding commercial transactions, this is the place.

Look Who's Attending ALTA SPRINGBOARD
Want to take your business to the next level? Join ALTA and title industry experts from across the U.S. at the second annual ALTA SPRINGBOARD! Log in to ALTA’s website and find out which of your friends will be representing their companies at the conference.