First American Real Estate Solutions, a member of the First American Corp. family of companies, has launched its Lien Release Information Services, a customized data fulfillment service that provides information complying with mandatory mortgage satisfaction reporting and recording laws. The new service enables First American customers to electronically update mortgage records using information abstracted from grant deeds, deeds of trust, mortgages, assignments, and other premium content compiled by the company in more than 1,370 counties across the country. The service is designed to streamline lien release preparation by matching lenders' files to First American RES's extensive data resources. By appending the company's property information to loan files, the company says lenders can reduce the number of loan files that require data research and realize cost savings. The company's website address is http://www.firstamres.com.
-
The regulator said users had trouble finding information like tenant rights and contact information for local government housing offices.
December 27 -
Only 5% of homeowners in designated disaster-assistance areas were required to hold flood insurance, according to the Federal Housing Finance Agency's dashboard.
December 27 -
Loan officers say the main reasons real estate partnerships fall through are poor communication and mismatched expectations.
December 27 -
The lender and servicer is spending $9.3 million on security upgrades in addition to its pending $25 million fund for consumers and their attorneys.
December 26 -
Jason Mitchell, the CEO of The Mitchell Group, called the CFPB's lawsuit against both his company and Rocket Homes "a witch hunt."
December 26 -
Mortgage rates have run higher since the most recent Federal Reserve meeting as consumer spending points to economic strength.
December 26