Various sector groups, including title search companies, formed a coalition to battle housing resale fees. The coalition also includes consumer advocates, veterans and labor unions.
Homeowners have complained that most lenders do not honor the waiting period prior to taking over residential real estate foreclosures. Foreclosed homeowners have stated that banks are moving in on their properties and changing locks even when the waiting period is not yet over.
U.S. national title companies have issued stricter guidelines for foreclosed homes. They are reportedly worried about the alleged use of faulty affidavits in foreclosures.
Lincoln Appraisal and Settlement Services is set to join other American title companies after it announced that it will offer closing and title insurance services to Sistar Mortgage.
Title insurance companies in the U.S. have moved to protect themselves from potential losses that can result from the ongoing nationwide investigation of banks' foreclosure processes.
The American title company, First American Title Insurance Co., has launched a mobile application for smartphones. The service provides access to ownership and property data in the U.S.
Title companies in Jacksonville fared quite well in 2009 as the stock market recovered from a poor 2008 performance. Fidelity National Financial and its two spinoffs all recorded increased revenue.
You can sell your home more quickly as a for sale by owner if you target your marketing to cash-paying retirees and first time buyers who do not need to sell an old home before they can move up. NAR recently released a report on the profiles of retirees and first time home buyers.
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