Closing time about to get a big makeover
Closing time about to get a big makeover [May 14, 2015]
‘eClosings study’: Advanced document delivery empowers homebuyers, improves grasp of closing process; technology helps
HOMEBUYERS WHO RECEIVE THEIR CLOSING DOCUMENTS well in advance of their closing date are more likely to report higher levels of understanding, efficiency and empowerment regarding the real estate closing process, according to a study conducted...
Letter to Congress regarding H.R. 1799
Editor's note: Earlier this week, we caught wind of a piece of legislation that's designed to create a more even playing field between affiliated and independent title companies, the "Ensure Fair Practices of Title Insurance Act of 2015."...
CFPB proposes effective date of Oct. 1 for new mortgage disclosure rules
Title companies and lenders who are bracing for one of the biggest shake-ups of the mortgage industry in decades may have a couple more months to prepare. The director of the Consumer Financial Protection Bureau announced a proposed amendment...
Best Practices policy safeguards our clients
Federal Title & Escrow Company was one of the first title companies in the country to implement a series of business procedures with the best interest of consumers – homebuyers and sellers – in mind. The procedures are known as "Best...