First American Title Insurance Co., Santa Ana, Calif., has acquired San Benito Land Title Corp., Hollister, Calif., for an undisclosed amount.First American Title said San Benito provides title and escrow services to San Benito County, covering new residential developments "that offer Silicon Valley commuters reasonably priced homes within 30 miles of San Jose, Calif." Mark Sachau, First American Title's regional vice president, said First American has held an interest in San Benito Land Title for many years. First American Title is the largest subsidiary of The First American Corp., which can be found on the Web at http://www.firstam.com.
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Over one-third of the Wolters Kluwer survey participants believe the next Fed move will be to boost short-term rates, but most expect one cut next year.
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The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
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The new Mortgage Bankers Association research adds to debate over whether Fannie Mae and Freddie Mac should allow a less costly alternative to the tri-merge.
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Wide regional variances appeared in housing-start activity in 2025, when the traditional leading builder markets all saw numbers decline by as much as 15%.
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The bill, which passed with wide bipartisan support, will become law at midnight if President Donald Trump doesn't veto it.
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