Monthly Archives: May 2023

Marketing and Services Agreements

Rescission of RESPA Bulletin on Marketing and Services Agreements and Publication of Vital FAQs by the Consumer Financial Protection Bureau

May 30th, 2023 Title Insurance News

In the year 2020, the Consumer Financial Protection Bureau (referred to as "CFPB" or "Bureau") made significant announcements regarding its revised perspective on the legality of Marketing and Services Agreements (MSAs) under the Real Estate Set.... Read More

continuing education for title agents

Navigating the Path to Excellence: The Power of Continuing Education for Title Agents

May 23rd, 2023 Process

In the ever-evolving realm of title insurance, where knowledge and expertise are paramount, staying current with industry changes is not just an option—it's a necessity. As a title professional, investing in continuing education is the key to .... Read More

NAR lawsuit

Legal Implications of Class-Action Lawsuit against the National Association of Realtors

May 16th, 2023 Mortgage News

In a recent development in the NAR lawsuit, a federal judge has granted class-action certification in an ongoing lawsuit against the National Association of Realtors (NAR), which alleges that the NAR and major real estate brokerages have engaged.... Read More

Title Insurance Licensing: A Guide to National Processes

May 9th, 2023 Process

At System 2 Thinking, we specialize in providing expert guidance and support for title insurance licensing, catering to both resident and non-resident title agencies. Our team comprises seasoned professionals with extensive knowledge of title in.... Read More

new housing starts in May

Massive Uptick in New Housing Starts in May! Is This a New Beginning or a False Start?

May 2nd, 2023 Title Insurance News

The Real Estate Market experienced a surprising surge in new housing starts in May, as reported by home builders. The annualized housing starts reached 1.63 million, marking a significant 21% increase compared to the previous month. This .... Read More