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May 2025
Title Notes E-news
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Why the Housing Market is Actually Much Healthier in 2025
by Logan Mohtashami
The healthier housing market in 2025 can be attributed to several key factors:
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Increased Inventory: There has been a notable rise in housing inventory, which has helped balance supply and demand.
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Stable Home Sales: Despite elevated mortgage rates, home sales have shown consistent year-over-year growth.
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Slower Price Growth: The rate of price growth has slowed down, making homes more affordable and the market more sustainable.
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Higher Mortgage Rates: Elevated mortgage rates have cooled down the previously overheated market, leading to more stable conditions.
These factors collectively contribute to a more balanced and healthier housing market environment. click HERE to read on.
| | FREE TITLE TRAINING FOR ALL! | | |
Protecting Homeowners From Cybercriminals
by Diane Tomb and Thomas Cronkright II
Criminals have become more adept in using technology to take advantage of unsuspecting consumers in real estate transactions over the last decade. For instance, annual losses from real estate wire fraud have surged from $9 million to $446 million. Additionally, from 2019 to 2023, there were 58,141 victims who reported a total of $1.3 billion in losses related to real estate fraud. These statistics underscore the crucial role of the title industry in protecting homeowners from these threats by implementing various measures such as consumer and real estate agent training, wire/payee verification software, and simulated phishing email testing. As criminal schemes grow more sophisticated, now is the time for real estate agents to educate consumers to make home buying as accessible and safe as possible. Click HERE to learn more. Ask your Virginia Title Center representative what measures they take with every transaction to prevent fraud.
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Grandpa Charlie's 15 Principles for Success in Business and in Life
by Marc Demetriou
Discover the timeless wisdom of Grandpa Charlie, a self-made millionaire who journeyed from Cyprus to the U.S. at 16 and retired at 60. In this article, the author shares 15 principles for success in business and life, distilled from his grandfather's experiences. From maintaining a positive attitude to taking mighty risks, and from the importance of resilience to the value of humility, these principles offer practical and inspiring guidance for anyone looking to achieve their dreams. Check out the insights that have shaped successful leaders and learn how to apply them to your own journey. Click HERE to learn more.
| | Bankers Title Celebrates Anniversaries | | |
Tanya Clark
Certified Commercial Title Underwriter
6 Years
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Audra Kaprive
Title Underwriter/
Settlement Processor
3 Years
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What The CFPB's 2025 Priorities Memo Means For Lenders
by Aaron Marsh
Dive into the latest insights from the Consumer Financial Protection Bureau's (CFPB) 2025 priorities memo, which offers unprecedented transparency and detail on the agency's supervision and enforcement goals. This article breaks down how these priorities will impact lenders, highlighting the focus on areas causing the most consumer harm and the benefits of clearer guidance for compliance. With the lending industry facing ongoing challenges, understanding the CFPB's direction is crucial for navigating the regulatory landscape and optimizing resource allocation. Discover what this memo means for the future of lending and how it can help lenders better serve their clients by clicking HERE.
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How People Are Really Using Gen AI in 2025
by Marc Zao-Sanders
Explore the fascinating evolution of generative AI in 2025, where new innovations like Custom GPTs, DeepSeek, and Grok are transforming both personal and professional landscapes. This article delves into how millions are leveraging AI for everything from technical assistance and content creation to learning and creativity, highlighting the profound impact of AI on daily life. With reduced costs and broadened access, generative AI is becoming an indispensable tool, offering deeper insights and more interactive experiences than ever before. Click HERE to learn more about the latest trends and discover how AI is reshaping our world.
| | Did You Know? Bankers Title Tidbits. | | |
Survey Coverage Up To $5M for Lenders Coverage
A mortgagee policy with full survey coverage can now be obtained from Investors Title without the expense and delay of obtaining a current survey. This alternative in title insurance underwriting is designed to save time, improve scheduling and save the mortgagor from having to continually pay for updated surveys. A mortgagee policy can be issued providing full survey coverage without a current survey if, at any time in the chain of title, the property has been surveyed by a registered land surveyor and is described consistently with such survey. This coverage may be used to satisfy requirements for the issuance of an ALTA 9 up to $5 Million dollars in coverage. Click HERE for more information.
Bankers Title Offers Back-Office Settlement Support For Attorneys
We proudly offer back-office support for Attorneys with limited staff or those who prefer not to handle the funds and disbursement.
- We work with the Attorney behind the scenes to prepare the Settlement Statement, clear title requirements, and deliver the closing package to the Attorney to conduct the closing with their client.
- Bankers Title will handle all funds and disbursements
- Competitive all-inclusive fee for this service
- The Attorney instructs us on how they would like the communication with the client to be handled. We can communicate, or the Attorney can be the primary contact point.
- Free up your internal resources for more critical jobs and allow Bankers Title to take on the time-consuming tasks of preparing a settlement. Click HERE for more information.
Investors Title Offers Special Rates for CRA Premiums, Commercial Rates & Reissue Rates
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Community Housing Rate is available for policies issued to cover loans made to persons with income not to exceed the median income AND made in connection with Fannie Mae's or any lender's affordable housing programs, community development programs, low income housing or community enhancement programs. The rate shall be:$1.50 per thousand of coverage, Minimum Premium: $100.
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Special Commercial Rates help save your clients dollars on standard owner's and loan premiums. Standard Owner starts at $3.00 per thousand and Standard Loan at $2.00 per thousand up to $1M of liability.
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Reissue Rate for applications on which title insurance has been previously issued. Applies to ANY lender or owner previous policy, no matter the underwriter. Reissue rates apply up to the face amount of the previous policy, with excess insurance computed at the Standard Owner or Standard Loan rate.
Click HERE to review our Virginia rate brochure which outlines all of the details.
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6 Ways to Deal With Disappointment Strategically
by David Lancefield and Dina Denham Smith
In the wake of disappointment about the leadership roles, pitches, and awards we want but don’t land, we’re often told to roll with the punches and move on. But this advice underestimates the emotional impact we experience, the choices we face, and the potential for learning. Disappointment can hit hard, leading us to shut down or react in ways we later regret. While it’s natural to feel upset, how you handle a setback matters—not just for your growth but also for how you’re perceived. Use six strategies to focus on what’s within your control: 1) Manage your emotions, 2) reassess your expectations, 3) allow for recovery, 4) draw out learning, 5) reboot your confidence, and 6) move forward. Click HERE to learn more.
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What Businesses Say is Missing From Their Banking Partner
by David Lancefield and Dina Denham Smith
In today's rapidly evolving financial landscape, businesses are seeking more than just competitive rates from their banking partners. This article explores the critical gaps in traditional banking services, highlighting the need for innovative solutions that address modern business challenges. From extended payment terms to integrated financial technology, discover what enterprises are demanding to better manage cash flow and support their growth. Click HERE to learn how banks can adapt to these changing preferences and enhance their commercial offerings to meet the needs of their business clients.
| | For the Real Estate Practitioner | | For The Real Estate Enthusiast | |
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ANNOUNCING NEW QUOTE CALCULATOR!
Works on laptop, tablet and phone
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Robyn C. Parker
Vice President & Agency Manager
Bankers Title, LLC
9011 Arboretum Parkway
Richmond, VA 23236
Phone: 1.800.830.1414 | 804.560.7655
Integrity. Security. Excellence
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Jaime Brown
Director of Operations & Settlement
Bankers Title, LLC
9011 Arboretum Parkway
Richmond, VA 23236
Phone: 1.800.830.1414 | 804.560.7655
jbrown@bankerstitle.com
www.bankerstitle.com
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