Mortgage Demand Soars 28% as Rates Dip Slightly

Mortgage Demand Soars 28% as Rates Dip Slightly

The numbers: A dip in mortgage rates prompted mortgage demand to rise a seasonally adjusted 27.9% As mortgage rates dropped across the board, demand for both purchases and refinancing increased. That pushed the market composite index up, a measure of mortgage...

Home Price Index Up 60% Annually

Home Price Index Up 60% Annually

The latest iteration of the First American Financial Corporation's Real House Price Index (RHPI) covering September 2022 was recently released which as a whole found real home prices increased 10.5% over August 2022. The RHPI aims to measure the price changes of...

Cyberattacks Against Industry Mount

Cyberattacks Against Industry Mount

CYBERATTACKS targeting title and settlement companies remained the same or increased over the past year, according to a recent ALTA survey. Results showed that 86% of respondents said the volume of cyberattacks either increased or remained the same last year when...

Wire Fraud: New Twist to Scamming Buyers

Wire Fraud: New Twist to Scamming Buyers

Scammers steal an email login, monitor conversations, pretend to be perhaps a title company, and provide false deposit info. Now they’re doing it via virtual meetings. CHICAGO – Wire fraud schemes are evolving, and scammers are finding new ways to infiltrate real...

FRAUD AWARENESS VIDEO FROM ALTA