First American Title has a new direct division president

First American Title’s direct division is starting the new year off with a new division president. The big four title firm announced the appointment of Jim Dulle as the new division president on Wednesday. Dulle’s appointment comes as the previous division president, Janette Waller, is set to retire in March

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Mortgage applications up 33.3% from holiday week

With an adjustment for the New Year’s holiday, mortgage applications increased 33.3% from one week earlier, according to the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey, released today. This week’s reading, for the week ending Jan. 10, 2025, is a stark difference from last week’s applications, which reflected a

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Securing customer insurance in a volatile real estate market

The year 2025 will be transformative for real estate. Rising personal home insurance rates, fueled by escalating claims costs, increasing property values and the growing frequency of natural disasters, will all have a profound impact on market dynamics — and homeowner’s insurance costs. For real estate professionals and mortgage lenders, these

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LA mayor issues order to expedite home construction amid wildfires

“This unprecedented natural disaster warrants an unprecedented response that will expedite the rebuilding of homes, businesses and communities,” Bass said in a statement. “This order clears away red tape and bureaucracy to organize around urgency, common sense and compassion. We will do everything we can to get Angelenos back home.”

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Conforming mortgage share hit record low in December

At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward refinance opportunities. A report released Tuesday by Optimal Blue found that the conforming loan share sank to historic lows in December. Optimal Blue’s December 2024 Market Advantage report is a monthly study that

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The Supreme Court is out, so what’s next for NAR?

No matter which path NAR chooses, it will be adding even more time to a legal battle that dates back to 2018, when the DOJ opened an investigation into NAR’s now-defunct Participation Rule and its current Clear Cooperation Policy. The parties reached an initial settlement in 2020, which required NAR to boost transparency about

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