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Westcor launches identity verification tool to help title agents prevent fraud

Housing Wire

Westcor Land Title Insurance Co. “We are thrilled to partner with Westcor Land Title Insurance Company in launching val-ID,” Intellicheck CEO Bryan Lewis said in a statement. is looking to up its game against fraudsters. The tool is powered by the technology of Intellicheck and is engineered by GridBase.

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North Carolina’s low home prices luring buyers

Housing Wire

The idea of “more space” has driven homebuyers during the pandemic, with people wanting to get out of crowded metros and into homes with more land. ” The current average due diligence is around 3.1% ” The current average due diligence is around 3.1% “But this is a great place to live.

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job. Mary O’Donnell is CEO of Westcor Land Title Insurance Co. and a past president of the American Land Title Association. That is why we take pains to explain the process.

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Shoring up the mortgage underwriter shortfall

Housing Wire

The imbalance has been particularly acute for third-party due diligence (TPR) firms that employ underwriters to review and assess the quality of loan pools used as collateral in private-label securitization deals. He also said his firm is working to “modularize” its approach to due-diligence reviews in the private-label space.

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CHLA voices support for attorney opinion letters to FHFA

Housing Wire

“They are going to be responsible for these loans having clear titles, so they are going to have to do their own due diligence on this and feel comfortable with it,” Olson said. “We Since Fannie Mae’s announcement in April 2022, the American Land Title Association has been a vocal opponent to the use of AOLs.

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Do the Due: A Complete Due Diligence Guide and Checklist for Homebuyers

HomeLight

As a buyer, that means you have to do your due diligence from both a practical and contractual perspective. What does due diligence mean in residential real estate? That’s why we’ve put together this guide to due diligence for a homebuyer. Free Homebuying Due Diligence Checklist.

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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

“You hear about people getting duped by people pretending to be title companies or Realtors and directing parties within the transaction,” said David Kennedy, the CEO of Fidelity Land Title Agency of Cincinnati. In addition to the frequent comings and goings of Florida property owners, the state also sees quite a few land sales every year.

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