Chicago Title Insurance Company

News


Mortgage rates go lower again, thanks to Japan
mortgage Mortgage rates fell for the fifth week in a row as overseas concerns, including volatile oil prices, slid their way back into the international spotlight. Treasury yields plunge......

Employment at Nonbank Mortgage Lenders Surpasses 300,000
Low interest rates and improving home sales sparked increased hiring in nonbank mortgage and broker sector during 2015. The nonbank mortgage sector ended 2015 with 12,300 more full-time employees......

Wells Fargo, Genuine Title Reach Settlement in Class Action Lawsuit
kickbacks to Wells Fargo mortgage brokers in return for borrower referrals for title insurance and settlement services. The arrangement reportedly lasted from 2009 to early 2014. Altogether......

Mortgage Rates Move Lower Than Expected
For the fifth consecutive week, mortgage rates trended down, surprising even forecasters. The 30-year fixed-rate mortgage is now at its lowest average since April 30, 2015. "Market volatility......

Housing Winners = Super Bowl Champs
this weekend. That could prove to be good news for the national housing market as well, the real estate site says. Read more : Here Are the 20 Hottest Housing Markets “Although there......

Fewer Buyers Are Bringing All-Cash to Close
dropping, CoreLogic notes. REO sales comprised 7.3 percent of all residential home sales in October 2015, a third of the peak in January 2011 at 23.9 percent. “Foreclosure completions have......

Lenders Will Ramp Up Marketing to Counter Bear Market: Stratmor
and point-of-sale processes, in order to prepare for an environment in which home sales are expected to cool down, according to a new report by Stratmor Group. More than half of bank and nonbank......

Mortgage Rates: Time to Refinance?
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Distressed Sales Still a Big Part of Housing Market
s surprised that distressed sales remain such a big part of the housing market in South Florida. "Nine times out of 10, you can't even find a foreclosure," Trudel said. Short sales are......

California No Longer the Foreclosure Kingpin
foreclosure challenge. In 2015, it had the nation's fourth-highest inventory of foreclosures ready to sell — 38,000 vs. 48,000 in 2014. New York was first (91,000); then Florida (87,000) and......

Homebuilders Play Catch-Up in Greater Portland Area
price increases for the year. "With some local market exceptions, the 2015 home sales data paints the picture of a properly functioning U.S. housing market where homeowners can once again......

Cornell University Selects EdR for On-Campus Development
groundbreaking and commencement of construction later this year. The Ithaca, N.Y., housing market is one of the nation’s strongest, boasting a 99.5 percent occupancy rate. An Ivy League institution......

Court rules for homeowners with garages too small for cars
said. And, they asserted, Kantor and key employees knew this when the home sales occurred. "I paid for a two-car garage home," Venkateswara Pulleti complained to the developer before closing......