Chester County deed recorder explains suit over mortgage system
It was then that Loughery began to learn firsthand about the murky world of the Mortgage Electronic Registration System (MERS), or Merscorp …
Lake County, Ohio Completes First E-recording with eRecording Partners Network
With the addition of Lake County, 11 of the 15 largest counties in Ohio are accepting e-recording of real estate documents.
Pioneer Technology Group Announces Landmark Official Records System is now Live in Citrus County, FL
|Loan Quality, Compliance Costs Worry Most Mortgage Lenders|
|by AMILDA DYMI|
|A recent survey shows a very large number of mortgage lenders worry about loan quality and Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure Rule compliance costs.
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Borrowers Find Refuge in Nonbank Mortgage Loans
HousingWire | October 30, 2014
The Federal Housing Finance Agency’s Office of the Inspector General reported that of the number of loans Fannie and Freddie purchased in the first three quarters of 2013, 46.6% were from nonbank mortgage companies, up from 32.2% in 2011.
Mortgage Rates Tick Up Slightly but Remain Low
The Washington Post | October 30, 2014
The 30-year fixed-rate average climbed to 3.98 percent with an average 0.5 point. It was 3.92 percent a week ago and 4.1 percent a year ago. The 30-year fixed-rate has been below 4 percent the past three weeks.
Group of Triangle real estate professionals sentenced in mortgage fraud scheme
Raleigh, N.C. — A group of Triangle real estate professionals, attorneys and mortgage brokers were sentenced in federal court Monday and Tuesday …