To see how our industry is continuing to protect and serve our clients and communities through the COVID-19 pandemic and beyond, watch this video

Title Industry Responds to COVID-19: Our Title Is Protection

Title insurance professionals take pride in protecting their customers by ensuring that their home is theirs when they make one of the biggest financial decisions of their lives. In the midst of the COVID-19 pandemic, the title insurance industry has stepped up even more to help their communities. Whether it’s volunteerism, or innovation to get deals closed during this time of social distancing, the title industry is here to provide protection today, tomorrow, and forever.

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News Digest - November 4, 2021

By Natasha Wojcicki

Are Starter Homes a thing of the Past? – Realtor.com

The starter home is often considered a smaller, more affordable house that appeals to first-time buyers. But the surging housing market and home prices are putting more and more out of reach, leaving some wondering whether these homes will ever return.

Underwater: Values on Dozens of U.S. Malls Slashed by more than 70% During Pandemic Marketwatch.com

A total of 45 U.S. malls with $3 billion of property debt have seen their values deeply slashed by at least 70% during the pandemic from their most recent financing, according to a list complied for MarketWatch by CRED iQ.

Report Reveals Significant Increase in Mortgage Fraud Risk Mortgage Professional America

CoreLogic’s latest report revealed a 37.2% year-over-year spike in mortgage fraud risk in the second quarter. At the end of Q2 2021, about one in 120 mortgage applications (approximately 0.83% of all applications) contained fraud – similar to pre-pandemic levels. By comparison, one in 164 applications, or an estimated 0.61% of total applications, were fraudulent in Q2 2020.

The Future of Real Estate Transactions on the Blockchain Forbes.com

 A Forbes contributor predicts that, “Four years from now, blockchain-integrated real estate will be implemented on a whole new level beyond payments in a digital currency.

The Housing Market will cool off in 2022, but not by much, says Fannie Mae Fortune.com

Over the past year, U.S. home prices are up a record 19.8%. You don’t need to be an economist to know that the current level of growth—which is faster than the run-up to the 2008 financial crisis—isn’t sustainable. But where will this historically competitive housing market go next?