Mortgage escrow misconceptions persist as payment amounts rise

Borrowers say they are confident in their understanding of mortgage escrow accounts, but misconceptions persist. And rising property taxes and homeowners insurance premiums continue to drive payment increases that many homeowners do not expect. These are the conclusions of a new survey from LERETA,
Read MoreSumitomo Forestry buys Tri Pointe, resetting the arc of homebuilder scale

Within a couple of weeks of exactly this time two years ago, the lead-in to a blockbuster $4.9 billion M&A deal involving a Japan-based acquirer of a national public homebuilding enterprise practically wrote itself: “A top-five-ranked U.S. homebuilding company doesn’t happen overnight…. Except when
Read MoreMortgage originators brace for rising costs as ban on abusive trigger leads nears

A ban on abusive trigger leads that’s set to take effect in early March is already driving up overall costs to acquire leads and putting pressure on mortgage originators’ business models, industry experts told HousingWire. Sources say this short-term shift is part of a broader set of trends — includ
Read MoreStewart Title NCS appoints Nevada leadership

Stewart Title National Commercial Services (NCS) has added a veteran Nevada title executive to oversee commercial operations in the state. The company announced that Ian Swainston has joined as vice president and operations manager — supporting commercial growth efforts across Nevada. Swainston brin
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