Virginia-based Allied Title and Escrow has expanded its operations into Ohio and Michigan — bringing its total footprint to 14 states. The move marks another step in Allied’s national growth strategy and expands its presence in the Midwest as leaders cited increased demand from real estate agents, lenders and investors seeking technology-driven title and escrow […]
Allied Title and Escrow expands into Ohio, Michigan Read More »
A sweeping new anti-money laundering rule from the Financial Crimes Enforcement Network (FinCEN), took effect this week, introducing new reporting obligations for certain residential real estate transactions. The regulation, effective March 1, expands federal oversight into parts of the real estate market that historically operated with limited anti-money-laundering reporting requirements — particularly cash purchases and
FinCEN’s AML rule reshaping title processes — and buyer behavior Read More »
Oil prices are surging and mortgage rates are roughly flat so far today. It has been a crazy day in the bond market: the 10-year yield first went lower after the jobs report, then Trump posted that the goal in Iran is “ultimate surrender,” which sent the 10-year yield higher with oil prices over $90.
Negative jobs report keeps mortgage rates calm amid surging oil prices Read More »