Chicago Title Insurance Company

News


Goodbye to Q3 and hello to higher mortgage rates
mortgage Mortgage rates inched up this week after stock and bond activity normalized, and as the Federal Reserve ended its third round of economic stimulus, as anticipated. 30 year fixed......

Mortgage servicer Ocwen targeted by complaints
Consumer Financial Protection Bureau since December 2011 for problems involving loan servicing, foreclosures and related issues, according to the regulator's data. The complaint total ranked......

'Zombies' Terrorizing Housing Market Less
Zombie foreclosures — homes in the foreclosure process that are vacant — are lessening their trail of destruction on housing markets. They made up about 18 percent of all active foreclosures......

Average 30-year mortage rate just shy of 4%
WASHINGTON — Average U.S. long-term mortgage rates arrested their five-week decline this week but the benchmark 30-year loan remained below 4%. Mortgage company Freddie Mac said Thursday the......

Housing’s Zombies Still Lurk, But Bite Lessens
homes in the foreclosure process that are vacant – known as zombie foreclosures – are lessening their trail of destruction on housing markets. Zombie foreclosures made up about 18 percent of......

Detroit’s Mystery 'Blight' Bidder Revealed
000 additional homes.  Source: “ Detroit’s ‘Blight Bundle’ of 6,000 Foreclosures Goes to a Casino Developer ,” Bloomberg Businessweek (Oct. 28, 2...

Auction.com Links with Google Trends
market data. Findings from the first Auction.com Nowcast reveal that existing home sales in October will fall between seasonally adjusted averages of 4.967 and 5.380 million annual sales, with......

Leveraged Loans: As CLO Market Digests Risk Retention, Lawyers Eye 'Holy Grail'
final U.S. risk retention rule were released this week with the FDIC and Federal Reserve both voting on the regulation. The Final RR Rule becomes effective two years after its publication......

Zombie Foreclosure Activity Spikes in Spots
IRVINE, CA—While zombie foreclosures —homes actively in the foreclosure process that had been vacated by their owners—decreased nationwide 23% from a year ago, 16 states saw increases of zombie......

.REALTOR Domain Now Available to Provide Competitive Advantage in your Marketplace
with customers and prospects in that they know you adhere to the NAR’s code of ethics and professional conduct. Another benefit to using the .REALTOR domain for your professional websites......

The Fallout From Fraud
liability issue is once again consistent with the law in other states. NAR and the Ohio Association of REALTORS® played key roles in the victory. NAR filed a friend-of-the-court brief that......

Buyers in No Rush to Snag Low Rates
Mortgage rates continue to hover at yearly lows, but home buyers aren’t flocking to lock in the rates. Applications for mortgages dropped 6.6 percent last week for both home......

Foreclosures Still Offer 'Substantial' Discounts
Distressed sales are making up a shrinking share of sales nationwide, but the average discount on them continues to be “substantial,” says Daren Blomquist, vice president of RealtyTrac. Where Are......

Mortgage Fraud Up – Where Is It Highest?
Frustrate Fraudsters Fast In this year's second quarter, about 11,100 mortgage applications contained elements of fraud, compared with 19,700 applications in the second quarter of 2013 (when......

First Take: Fed's QE dead again
the economy humming was extraordinarily difficult during the 2007-2009 financial crisis. The housing market collapsed; banks and investors stopped lending; the stock market endured its worst......

Podcast: What follows Fed stimulus?
do you have a sense that there's a significant distortion in mortgage rates relative to Treasuries. Now, I'll grant you that there may be some small changes that go on. But I don't think you......

Daily Dividend Report: AFL, WYNN, KIM, FNF, DPM, JLL, WFC
on January 2, 2015, representing an ex-dividend date of December 30, 2014. Fidelity National Financial (FNF) has declared an increased quarterly cash dividend of $0.19 per share, a 6% increase......

10/29/2014 Mortgage Applications Decrease in Latest MBA Weekly Survey »
The survey covers over 75 percent of all U.S. retail residential mortgage applications, and has been conducted weekly since 1990. Respondents include mortgage bankers, commercial banks and thrifts......

Gold Slightly Lower Ahead of FOMC Statement
U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, the weekly DOE liquid energy stocks report, and the FOMC statement. Wyckoff’s Daily Risk......