Mortgage · Federal Title & Escrow Company

Beware of possible malware attack

Written by Nikki Smith on June 6, 2016.

Several real estate agents and lenders who work with Federal Title recently received an email purporting to be from a Federal Title employee with the same name as a local real estate professional and with a file attachment for download. The...

Headlines: Consumers don’t shop for mortgage, title services enough

Written by Guest on February 25, 2015.

Here's a look at what's happening in real estate in the District of Columbia and beyond. Why DC's housing inventory shortage will continue 'for the foreseeable future' A recent uptick in the number of homes on the market hasn’t been enough...

Hazard Insurance – If I change it, will it affect my mortgage?

Written by Guest on January 13, 2015.

If you are like everyone else, you have at least one New Years’ resolution. Some choose weight loss, others fiscal awareness, other personal awareness, etc, etc. If one of your resolutions is to lower your monthly costs and you are looking...

FHA to reduce cost of mortgage insurance

Written by Guest on January 12, 2015.

In an attempt to bring more First-Time Homebuyers back into the housing market, the Federal Housing Administration ("FHA") recently announced that it would reduce its annual mortgage insurance premiums from 1.35 percent to 0.85 percent. ...

Not all Power of Attorney documents created equal

Written by Guest on December 8, 2014.

The topic of "Power of Attorney" comes up pretty frequently in our office. On an almost daily occurrence, clients ask whether or not a Power of Attorney is sufficient for a client’s upcoming real estate settlement. Or, at the 11th hour...

New law will eliminate subordination agreement requirements for some Maryland residential refinances

Written by Guest on August 20, 2013.

A homeowner who wants to refinance his or her first mortgage when there are two mortgages on the property is typically required to obtain a subordination agreement for the existing second mortgage. This is because without such an agreement,...

A win for the consumer

Written by Guest on August 2, 2013.

We’d like to applaud Wells Fargo for announcing a move toward eliminating their role in the ABA/CBA marketplace. The bank announced last week that it would discontinue 8 joint ventures, according to a report in American Banker. We’ve...

Attention buyers and refinancers: Don’t acquire new debt!

Written by Guest on June 21, 2013.

If you apply for a loan to buy or refinance a property, your lender will tell you not to acquire new debt before closing. What does this mean? It means, don’t buy a car with a car loan. Don’t get a new credit card. Don’t increase your credit...

Condominium rider: What is it, why does my lender require me to sign it?

Written by Guest on June 13, 2013.

If you’re buying a condominium, one of the documents you will be required to sign in connection with your loan is a “Condominium Rider.” This rider is an attachment to the document recorded in the land records to secure...

HARP extended 2 more years

Written by Guest on April 16, 2013.

The Federal Housing Finance Agency (FHFA) announced earlier this month that Fannie Mae and Freddie Mac would extend the Home Affordable Refinance Program (HARP) through December 31, 2015 earlier this month. The HARP Program was originally...

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Tag: Mortgage

Beware of possible malware attack

Headlines: Consumers don’t shop for mortgage, title services enough

Hazard Insurance – If I change it, will it affect my mortgage?

FHA to reduce cost of mortgage insurance

Not all Power of Attorney documents created equal

New law will eliminate subordination agreement requirements for some Maryland residential refinances

A win for the consumer

Attention buyers and refinancers: Don’t acquire new debt!

Condominium rider: What is it, why does my lender require me to sign it?

HARP extended 2 more years

Settlement Observer

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Realtor: ‘To have not had title insurance would have been a disaster’

How to scan your closing documents when you don’t have a scanner

Help! My funds are being withheld

Realtor: ‘To have not had title insurance would have been a disaster’