Notarize invites independent notaries to utilize software

Notarize announced Wednesday that it will now allow independent notaries – of which there are 4.4 million in the U.S. – to utilize its software and platform for their own independent transactions. The software will be available to notaries in Washington and Tennessee in May and Notarize officials said the

Read more

Does CFPB have authority to postpone foreclosures?

The Consumer Financial Protection Bureau released a proposed rule on Monday that would bar servicers from starting on foreclosures until 2022. The CFPB also proposed streamlined processes for moving homeowners out of forbearance and in to loss mitigation options. However, since the announcement, several industry leaders have expressed reservations about

Read more

Millions will enter real estate market in 2021: Zillow

In what will be known to future generations as the Great Reshuffling, a recent Zillow survey showed that more than 1 in 10 Americans reported moving in the past 12 months, either by choice or by circumstance. And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength,

Read more

Mortgage servicers are stepping up during COVID

The Consumer Financial Protection Bureau recently released to Congress the 2020 Consumer Response report. While overall complaints were up 54% year-over-year, complaints against mortgage companies were up just 7.5%, and complaints against mortgage servicers were actually down, by 3.5%. These results are notable considering the sheer speed and impact the

Read more