Underwriting

The shift to higher-margin home purchase policies helped to boost results at First American, Old Republic and Stewart.

The cloud IT provider for settlement services companies has no timeline on when services will be restored following its shutdown Friday.

As rising home valuations force first-time home buyers out of the market, expect to see non-owner-occupied loans to increase.

This is the second acquisition in the private equity firm’s newly established technology vertical.

Premiums written increased 45%, while net operating income was up over 65%, the American Land Title Association said.

Errors created in the loan manufacturing process were partly responsible for the increase in 2020, according to an analysis by Aces Quality Management.

While usage of this process in mortgage closings picked up steam last year, only 34 states have permanent laws in place and two do not permit it at all.

The new calculation of borrowers’ monthly obligations will allow for a higher debt load from tuition, potentially opening eligibility to more Black applicants, according to public officials.

The move makes it easier for borrowers who don’t have standard W-2 incomes and those that do to get loans from the same outlets, and reflects broader trends.

Even though product availability is now at the same point where it was one year ago, it remains at 2014 levels.