Arizona Gov. Janet Napolitano has signed the Arizona Uniform Real Property Electronic Recording Act, which authorizes the storage of real property records, including mortgages, in electronic format.The act was adopted based on a model recording act of the same name drafted by the National Conference of Commissioners on Uniform State Laws in 2004. It states that an electronic document satisfies a recording statute that requires a document to be an original, on paper or another tangible medium, or in writing, and that an electronic signature satisfies a recording statute that requires a document to be signed. The act also states that an electronic signature satisfies a requirement that a document or signature associated with a document be notarized, acknowledged, verified, witnessed, or made under oath by someone authorized to sign for the document so long as the electronic signature and all other information required to be included is attached to or logically associated with the document or signature. The Arizona URPERA goes into effect on Jan. 1, 2006.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
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Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
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Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
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The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
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