First American Title Insurance Co., Santa Ana, Calif., has announced that it will replace recorded mortgage and property-related documents at no charge for homeowners who lost their homes in the recent Southern California wildfires.The document replacement will include property tax information, recorded deeds, and tax assessor maps. In addition, First American said it is offering a 40% discount on title insurance for fire victims securing a new deed of trust or a construction loan on the lost properties. 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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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
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Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
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