“The American Land Title Association and its members have been at the forefront in developing standards for digital closing options that have the appropriate safeguards and authentication process to protect consumers while ensuring the notarizations provide certainty and effective constructive notice under state law,” said Diane Tomb, ALTA’s chief executive officer. “Due to the COVID-19 health crisis, the need for digital transactions and use of remote notarizations has increased. We believe our principles provide a strong foundation for the use of various types of remote notarizations going forward.”Largest component of international buyers in U.S. takes more than 25% hit
Fewer Canadians are searching for houses in the United States, thanks in large part to the tariffs put on their country by the Tramp Administration and the resulting worsening relations between the two countries. According to Redfin, 26% fewer Canadians searched for homes...
Lenders will keep tri-merge credit scoring model; what this shift means
Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping tri-merge credit checks on borrowers. “Effective today,” Federal Housing Finance Agency (FHFA) Director William J. Pulte posted on X this morning, “to in...
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