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ALTA Survey Shows More Homebuyers Reviewing Mortgage Disclosures

More homebuyers are reviewing their mortgage documents prior to their real estate closing under new federal regulations according to results of a Home Closing Survey conducted by the American Land Title Association (ALTA). The survey, conducted in March 2016, included title agents, real estate attorneys and escrow agents.

Stevens Blasts Senate Plan to Tax Homebuyers

David H. Stevens, president and CEO of the Mortgage Bankers Association, issued the following statement upon learning that the U.S. Senate's transportation funding bill would extend an increase of Fannie Mae and Freddie Mac's guarantee fees in order to fund transportation projects.

CFPB Allows Grace Period for New Rule Rollout

the Consumer Financial Protection Bureau (CFPB) announced that it will be “sensitive” to the good-faith efforts of lenders implementing the new Truth-In-Lending and Real Estate Settlement Procedures Integration Disclosure (TRID) regulations set to take effect on August 1.

Business Real Estate Press Releases

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Aivre slashes appraisal time by 50% with Restb.ai’s computer vision...

Aivre, a fast-growing real estate appraisal software company, has cut the time it takes to complete an appraisal by more than half, thanks to its integration with Restb.ai's computer vision and image recognition technology.