Financial Crimes Enforcement Network Expands Geographic Targeting Order

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On July 27, 2016 the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of Treasury, issued Geographic Targeting Orders (GTO) that will require all US title companies to report and identify the names of all cash purchases of residential real estate by corporate entities in six major metropolitan counties. FinCEN is working

Student Debt: Whose Homeownership Rate Does It Hurt Most?


The Economic & Strategic Research Group at Fannie Mae just released their study on now student debt is impacting homeownership, here are some highlights: Obtaining a college degree can increase one’s earning potential, but it often comes with the burden of student loans. Total U.S. student loan debt has more than tripled in the last

Keep Your Eyes on This Index!


Home Purchase Sentiment Index surpasses survey high, reaching 86.5 in July! The HPSI is returning to gradual upward trend as the housing market indicators and wages pick up; reflecting a possible shift among Millennials toward buying rather than renting. Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased 3.3 points to 86.5 in July, reaching a

August 2016 Calendar of Events – San Diego

SD Calendar August 2016

Summer is in full effect, time to get outside and enjoy some great things taking place all over San Diego County this month! SummerFest Under the Stars at La Jolla Cove, Sunset Market in Downtown Oceanside, Padres vs Phillies at Petco Park, Chula Vista Lemon Festival, and the Bike to the Bay at Embarcadero Marine

Update: Economic & Housing Outlook


The economic growth outlook for the second half of the year remains unchanged from the prior forecast at about 2.0%, according to Fannie Mae’s (FNMA/OTC) Economic & Strategic Research (ESR) Group’s July 2016 Economic and Housing Outlook. Consumer spending is expected to drive growth for the rest of 2016 as businesses face headwinds from shrinking

Representing an Entity …

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When working with an entity, the agent must require authorization before entering into an agreement with the company. If there is no authorization, there is no enforceable agreement to bind or sign on the company’s behalf. Signed purchase agreements are the only acceptable form of authorization. The following article includes the authorization documents required for

Why Are Home Inspections Important?

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Professional home inspections are an important step when purchasing a home. It can help avoid any unforeseen issues and problems. An inspection can also be used as contingency when placing your purchase offer, allowing for a price reduction or back out completely with a certain time frame. Included on Ticor Title’s Flyer, “Why are Home