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State AGs pressure CFPB to release $4.2 million in redress funds
Posted Date: Wednesday, June 11, 2025
A coalition of state attorneys general has called on the Consumer Financial Protection Bureau to quickly distribute $4.2 million in delayed redress payments to victims of a shuttered sales training firm’s deceptive marketing practices and illegal debt collection methods.
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Texas house passes bill to allow smaller lots for homes
Posted Date: Wednesday, June 25, 2025
A proposal to increase the density of housing by allowing smaller buildings and lot footprints was passed by the Texas House of Representatives, with the overall goal of boosting home inventory and bringing down prices.
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Industry leaders take the stage at NS3 in Pittsburgh
Posted Date: Sunday, June 15, 2025
More than 40 speakers will take the stage over three days this week at the 21st National Settlement Services Summit (NS3) at The Westin Pittsburgh in Pittsburgh, Pa. Over 600 attendees will hear from them during 18 sessions.
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Senators press FHFA head on plans to end GSE conservatorship
Posted Date: Sunday, June 15, 2025
President Donald Trump has vowed to end the conservatorship of Fannie Mae and Freddie Mac, drawing concerns and criticism from some lawmakers about the lack of details about how the administration plans on doing so and the potential impact to the mortgage market and the broader financial system.
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Former title company president pleads guilty to wire fraud
Posted Date: Sunday, June 15, 2025
The former president of a Pennsylvania closing services company has entered a guilty plea to fraud charges stemming from an attempt to defraud an underwriter and for participating in a fraudulent Economic Injury Disaster Loan application scheme.
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Senators make bipartisan call on Treasury to revise BOI final rule
Posted Date: Wednesday, June 11, 2025
Calling attention to the Corporate Transparency Act’s limited scope of reporting for beneficial ownership information that now only applies to foreign entities, two U.S. Senators have urged the Department of the Treasury for a revision.
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Texas legislature passes comprehensive AI governance bill
Posted Date: Wednesday, June 11, 2025
A bill on its way to the desk of the Texas governor, known as the Texas Responsible Artificial Intelligence Governance Act, would require disclosures regarding the development and deployment of AI technology across various use cases.
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ALTA names new CEO, replacing Diane Tomb
Posted Date: Wednesday, June 11, 2025
The American Land Title Association announced June 10 that Chris Morton has been named CEO, effective immediately. Morton succeeds Diane Tomb, who served as CEO for the past six years.
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Podcast: The Regulators Are In - Debunking Myths and Building Trust
Posted Date: Wednesday, June 11, 2025
October Research Chief Knowledge Officer and Keys to Real Estate podcast host Mary Schuster discussed why engagement between industry professionals and their regulators is so important while speaking with a pair of incredibly personable leaders of the National Association of Insurance Commissioners, which regulates the title insurance industry.
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