Monthly Archives: May 2023
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 NewsIn 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
Navigating the Path to Excellence: The Power of Continuing Education for Title Agents
May 23rd, 2023 ProcessIn 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
Legal Implications of Class-Action Lawsuit against the National Association of Realtors
May 16th, 2023 Mortgage NewsIn 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 ProcessAt 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
Massive Uptick in New Housing Starts in May! Is This a New Beginning or a False Start?
May 2nd, 2023 Title Insurance NewsThe 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