The Legal Description

2010 State of the Industry Report
Special Reports
Wednesday, January 27, 2010
October Research Corporation's 2010 State of the Industry Report, includes a look at each aspect of the real estate, mortgage and settlement services industry through an aggregation of stories, interviews and data brought together by the October Research staff.

October Research Corporation's 2010 State of the Industry Report, includes a look at each aspect of the real estate, mortgage and settlement services industry through an aggregation of stories, interviews and data brought together by the October Research staff.

This 16-page report also includes a one page report on the general economic outlook for the U.S. culled from university business school economists, as well as from industry association economists such as Lawrence Yun.

The report also features the following:

  • A synopsis of what is currently happening with the implementation of the new RESPA rule, as well as an overview of key RESPA caselaw decisions from 2009;
  • A look at the current state of the real estate market, statistically and analytically. Where are we in the real estate cycle? Who will be buying in 2009 and who won't? And how will the homebuyer tax credit impact the outcome for 2010?;
  • An overview of the mortgage market, including a statistical look at 2009 and the prognostications for 2010, as well as the potential impact of the federal proposal for a Consumer Financial Protection Agency;
  • An analysis of the affect of the Home Valuation Code of Conduct on the appraisal industry, how it will impact lending going forward, and how it has changed the face of the appraisal industry;
  • An overview of the title insurance industry, how further consolidation has changed the players, the impact of the downturn on the big four underwriters, and what the industry is banking on for 2010; and
  • And finally a look at the complicated regulatory side of the settlement services industry including an analysis of the NAIC efforts to collect uniform data from the industry, the results from state study commissions, an update on the nationwide plethora of anti-trust cases.
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