Technology is constantly advancing and changing the way consumers, real estate professionals and lenders are thinking about real estate and the choices in the marketplace. There are incredible opportunities for title companies and closing attorneys to innovate and market the choice of a digital closing experience, in addition to the traditional table closing experience, to lead this change into the future.
Stewart has been ranked one of the highest scoring companies in the American Hero Report released by American Values Investments, Inc.
The D.C. Circuit Court has granted the petition from the Consumer Financial Protection Bureau (CFPB) for rehearing en banc (refers to a session heard before all the judges of the Court) in the PPH case and ordered a briefing that culminates in oral argument on May 24. As you may recall, back in October the District …Read more
Technology in the real estate industry doesn’t start and stop with the computer and smartphone. Regardless of your role in the real estate transaction, you can no longer afford to dismiss the impact of technology in the home buying process. Technology in real estate is designed to improve the end-to-end experience for home buyers and …Read more
The Consumer Financial Protection Bureau released a report, “Project Catalyst report: Promoting consumer-friendly innovation” to coincide with the Mortgage Bankers Association Annual Convention & Expo 2016 in Boston. The 27-page report highlights many areas in which the bureau is actively involved with bank and non-bank innovators, ranging from large, established institutions to small startups, to …Read more
If you’re looking for the most vulnerable points of a network, you need only look in a mirror. According to Symantec, 97 percent of cyberattacks start with social engineering. That means cybercriminals are getting access to systems by deceiving individual users – you and your employees. It shouldn’t be a surprise that the real estate …Read more
This post may affect many of you not only professionally, but also personally. JP Morgan estimated 27 percent of wire transfers in 2014 were affected by either attempted or actual fraud. Imagine the worst: the funds in the transaction did not transfer from buyer to rightful seller and are now unrecoverable. People’s life savings are …Read more
Stewart’s Compliance Counsel Dawn Lewallen spoke on a panel discussion entitled “Bringing the new Closing Disclosure to the closing table” at the Oklahoma Mortgage Bankers Association Annual Conference in Tulsa, Oklahoma. The panel of experts discussed the new Consumer Financial Protection Bureau (CFPB) TILA-RESPA Integrated Disclosure (TRID) regulations that will impact quoting title insurance and …Read more
The integrated mortgage disclosure rule from the CFPB affects much more than loan forms and consumer qualifications. Every third-party service provider a lender deals with must be able to comply with regulations – and if they can’t, the lender is held responsible for mistakes. To reduce that risk before the CFPB rule goes into effect …Read more
Bob spoke on the upcoming TRID, CFPB’s integrated mortgage disclosure, the changes that will happen on August 1st, and how this will effect the real estate industry. Hear the full interview.