The housing bubble boys blew it in 2020 The NAR existing home sales report released today blew out all estimates with 6,540,000 in existing home sales. This epic headline punctured any 2020 bubbles the housing bubble boys had left in their arsenal. But before we get too excited, keep in mind we are

Stewart Title acquires valuation services company Pro Teck Stewart Appraisal Management, a subsidiary of Stewart Information Services Corp., announced on Thursday it acquired valuation services company Pro Teck Valuation Intelligence. Stewart is looking to strengthen and expand its scale in the

Docutech purchase drives First American information revenue up 38% Earlier this year, First American made its latest move toward a fully digital mortgage with its purchase of mortgage tech firm Docutech. Now, that purchase is driving up the company’s revenues. The company rebranded to First Am

Existing home sales surge 9.4% in September Sales of existing homes took off in September, jumping 9.4% from August to a seasonally adjusted annual rate of 6.54 million, the National Association of Realtors said in a report on Thursday. Compared to a year ago, sales are up 20.9%. “Ho

What MBA’s forecast means for mortgage originators

What MBA’s forecast means for mortgage originators The MBA’s economic research team of Dr. Michael Fratantoni and his staff made national news at the MBA’s annual virtual convention, releasing a projection for 2020 of $3.18 trillion, the second-largest origination year in U.S. history next to

Survey: Homeowners adapting well to pandemic A national survey showed homeowners who completed purchase and refinance transactions during the COVID-19 pandemic have adapted well to eSignings and remote closings and were very satisfied with their overall closing experience. Source: thetitlereport.c

NFIB urges Congress to approve more PPP funds In a letter to the U.S. senators, the National Federation of Independent Business (NFIB) urged them to pass legislation authorizing more funding for the Paycheck Protection Program. Read on to learn more. Source: thetitlereport.com

Realogy Title Group releases enhanced mobile app Realogy Title Group has released of a new version of its Title!Snap mobile application, which offers real-time title transaction information to real estate agents. Read on to learn more. Source: thetitlereport.com

Old Republic hires New York counsel Old Republic Title has hired a vice president and New York state counsel. Read on for more details. Source: thetitlereport.com

Median home price spirals upward During September, the national median home price had its biggest annual increase of any month since 2012. Read on to learn more. Source: thetitlereport.com