Wolters Kluwer releases new Texas disclosure

National Mortgage Professional

Aug 01, 2007

TSS Software and Data Trace Information Services partnerMortgagePress.comAutomated real estate title searches TSS Software Corporation has teamed with Data Trace Information Services LLC to develop an interface that will allow users of TSS' TitleExpress title and settlement system to automate their title searches. Via the interface, users will be able to make title searches electronically, from within TitleExpress, and then merge the results with the appropriate files. No re-keying of data will be required during the search submission process. Annapolis, Md.-based TSS Software Corporation is a provider of software and services for real estate title, settlement and abstracting companies. For more information, call (888) 268-0422 or visit www.iwanttss.com. Based in Santa Ana, Calif., Data Trace Information Services LLC is a technology solutions provider for the title insurance industry. For more information, call (714) 250-6180 or visit www.edatatrace.com.

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Aug 01, 2007

Analysis and Data

Monthly Rental Costs Increase Putting Strain on Renters

Realtor.com reported Thursday that the median rent price hit $1,827 in April.

The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices. Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters. “April data illu...

Industry News

Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...