by Karen | May 10, 2023 | Mortgages
Wire fraud is a growing concern in the title industry. Hackers are using increasingly sophisticated techniques to trick title companies and their customers into sending wire transfers to fraudulent accounts. To address this issue, ALTA recently hosted a webinar titled...
by Karen | Apr 21, 2023 | Mortgages
After coming in at its tightest in over a decade, residential lending credit loosened up marginally in March, thanks to greater offerings of jumbo and conventional products, according to the Mortgage Bankers Association. The Mortgage Credit Availability Index, an MBA...
by Karen | Apr 21, 2023 | Housing Market
Today’s housing market is so pricey that homebuyers are highly sensitive to any distinct moves in mortgage rates. And that’s what happened last week. Rates dropped, and buyers dove in. The average contract interest rate for 30-year fixed-rate mortgages with conforming...
by Karen | Apr 21, 2023 | Cyber Security
Cyberattacks and cyber-enabled frauds continue to affect the everyday lives of Americans. According to the FBI’s latest Internet Crime Report, the Internet Crime Complaint Center (IC3) in 2022 received 800,944 cyber fraud complaints, which is a 5% decrease from 2021....
by Karen | Apr 21, 2023 | Housing Market
Home sellers are facing new market dynamics this spring after two red-hot selling seasons in 2021 and 2022, during which prices soared and inventory fell. As of March 2023, home prices were still up 7.8% compared to the previous year, though price growth slowed for...
