OH: Consumers Do Not Prefer CBAs

The Ohio Association of Independent Title Agents (OAITA) has released its 2 year study of real estate settlement preferences. January 27, 2011- The Ohio Association of Independent Title Agents (OAITA) today released findings from a two year study of Ohio’s real estate consumers concerning their settlement service preferences.  Here are the highlights from the Executive Summary: More…

ALTA Sides with CBAs

ALTA and each of the national title underwriters joined RESPRO, NAR and MBA in filing amicus briefs in the Edwards case opposing independent title agents and supporting a narrow view of RESPA Section 8. January 19, 2011- Prior to the filing of an amicus brief in the United States Supreme Court concerning the Edwards v. First American Title action, ALTA and…

Home Prices Fall 1.3% in October, 2010

<![CDATA[December 28, 2010 – The Washington Post is reporting today that home prices in the 20 largest metropolitan areas of the United States fell again by 1.3% from the period September, 2010 to October, 2010.  The measure is a continuing gauge on the declining housing economy which has not managed to maintain government-supported momentum since April,…

NAILTA Takes Stand on MERS & H.R. 6460

NAILTA has issued a white paper on the recent troubles with the MERS registry and Rep. Marcy Kaptur’s H.R. 6460 which seeks to prevent GSEs from utilizing the MERS system. Click here to read about it. December 9, 2010 –   Marcy Kaptur (D-OH), a Congresswoman from Toledo, Ohio, has introduced H.R. 6460 a bill…

FATIC Appeals to U.S. Supreme Court

First American (FATIC) has appealed the Ninth Circuit Court of Appeals decision in Edwards to the U.S. Supreme Court.  Ninth Circuit had sided with Plaintiff and NAILTA, which filed an Amicus in the case. November 30, 2010 – The Edwards case involves the use of captive title insurance agreements by a title insurance underwriter to gain market share in exchange for…

Good News, Bad News from Housing

<!–[CDATA[ November 11, 2010 – The good news. Foreclosure filings were reported on 332,172 properties during the month of October, according to data released by RealtyTrac Thursday. That tally represents a 4 percent decrease from the previous month. RealtyTrac says the numbers probably would have been higher except for the fallout from the recent robo-signing…