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ALTA Survey Shows More Homebuyers Reviewing Mortgage Disclosures

More homebuyers are reviewing their mortgage documents prior to their real estate closing under new federal regulations according to results of a Home Closing Survey conducted by the American Land Title Association (ALTA). The survey, conducted in March 2016, included title agents, real estate attorneys and escrow agents.

Stevens Blasts Senate Plan to Tax Homebuyers

David H. Stevens, president and CEO of the Mortgage Bankers Association, issued the following statement upon learning that the U.S. Senate's transportation funding bill would extend an increase of Fannie Mae and Freddie Mac's guarantee fees in order to fund transportation projects.

CFPB Allows Grace Period for New Rule Rollout

the Consumer Financial Protection Bureau (CFPB) announced that it will be “sensitive” to the good-faith efforts of lenders implementing the new Truth-In-Lending and Real Estate Settlement Procedures Integration Disclosure (TRID) regulations set to take effect on August 1.

Business Real Estate Press Releases

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Ocusell Partners with Restb.ai to Enhance FMLS Listings with Built-In AI

Ocusell, a leading proptech innovator, today announced a strategic partnership with Restb.ai, the real estate industry’s leader in AI-powered computer vision technology. This

Recent Gov & Nonprofit Real Estate Press Releases

Rep. Judy Chu Hosts Wildfire Housing Roundtable and Press Conference

Rep. Judy Chu (CA-28) hosted a wildfire recovery housing roundtable and press conference to address the housing needs of survivors displaced by January’s devastating Eaton Fire. The roundtable brought together local nonprofits, housing advocates, and government officials from every level to discuss obstacles her constituents are facing in finding stable, affordable housing in their own communities.