by | Mar 30, 2008 | Uncategorized
The relatively new concept of “risk-based pricing,” is now happening in the mortgage industry. The idea is that a person’s credit score plays a major factor in the interest rate charged. The better your credit rating, the lower your interest rate. This makes it...
by | Mar 28, 2008 | Uncategorized
A Demotech Press Release/advertisement for the 2008 Edition of Demotech Performance of Title Insurance Companies states that the major Title Underwriters are in good financial shape. The press release says: “Although the severity and duration of the downturn in the...
by | Mar 27, 2008 | Uncategorized
Here we go again. Another bad title Agent. So what’s new? But why does it take so long for title underwriters to jump on a problem? In this particular case, a complaint has finally been filed by Old Republic Title against Independent Title Agency LLC in Lakeland, FL....
by | Mar 24, 2008 | Education
HUD has once again put out, and and is asking for comments on a “Proposed Rule: To Simplify and Improve the Process of Obtaining Mortgages and Reduce Consumer Settlement Costs.” The proposed rule primarily deals with the Good Faith estimate. HUD states that the...
by | Mar 23, 2008 | Education
According to a San Diego Business Journal article, a California insurance underwriter has created a new policy to insure against loss resulting from rezoning or condemnations through eminent domain. The policy is backed by certain underwriters at Lloyd’s of London....
Recent Comments