Title insurance

The new law, which went into effect on July 19, also has provisions that deal with heirs property, an issue that clouds ownership.

Interested participants will have until July 26 to submit responses through the enterprise's contractor platform.

In the first quarter of the fiscal year, many mortgage-related companies posted profits after a year-end that didn't exceed expectations. Here's how major publicly traded players in the industry performed in the first quarter.

The lender will take care of settlement agent duties for a flat $1,850 fee, expanding on its previous title alternative program.

Mother Lode Holdings' purchase of Wisconsin Title Service adds to its network, which is concentrated in the Western U.S.

Title insurers, whose activity is highly correlated to mortgage production, wrote $15.1 billion in premiums during 2023, down from $21 billion in 2022 and $26.2 billion for the year before that.

Both quasi-public mortgage investors have new requirements for when borrowers question valuations. Freddie Mac is expanding use of title insurance alternatives.

The move advances the Biden administration's interest in testing whether skipping a title insurance policy or an alternative for some mortgages would be a cost-saver.

Doma leadership said it has the technology and underwriting capabilities to allow the government-sponsored enterprises to handle the risk refi loans eligible for title waivers under a pilot announced by President Biden last week.

The American Land Title Association, which represents the title insurance industry, argued that the program would not cut costs for those who really needed it.