DataTrace Information Services has released a new analysis examining whether artificial intelligence (AI) relying solely on public records can produce the accuracy and completeness required for insurable title decisions. The report, titled “AI Title Search Tested in the Real World: What Accuracy, Risk, and Readiness Really Look Like,” concludes that AI performs best when paired […]

A bill introduced in the U.S. Senate would amend the Truth in Lending Act (TILA) to explicitly include home equity investments (HEIs) within the law’s definition of residential mortgage loans — a move that would subject the growing financial product to federal consumer lending protections. Introduced by Sen. Jeff Merkley (D-Ore.), the Home Equity Lending

New York City administration officials took a stride toward spurring more office-to-residential conversions by expanding a long-term financing option used in clean energy construction. In late June, the city made embodied carbon eligible for financing under its Commercial Property Assessed Clean Energy program, known as C-PACE. Embodied carbon refers to emissions locked into a building’s