What's New This Month

May is here, and with it, warmer weather, a busy real estate season and Small Business Week! We have a deep appreciation for the entrepreneurs and small businesses we're proud to call our customers. At West Virginia Bankers Title, we're committed to supporting your success and are always here to help however we can. Check out the articles we’ve pulled this month to help you stay ahead!


Best regards,


Rachel Showalter, Agency Operations Manager

CertifID 2026 State of Wire Fraud Report

Certifid’s 2026 report highlights a sophisticated shift toward identity-based attacks and AI-driven social engineering. The data reveals that fraud attempts are becoming more targeted, often bypassing traditional security by compromising the identities of title agents and homebuyers. To combat these evolving threats, the report emphasizes the need for multi-layered verification and advanced recovery strategies to protect transactions 

The Same Old Extraction and Disinvestment Won’t Bring West Virginia’s Revival

While industrial growth is often seen as a cure-all, this article argues that West Virginia's revival requires breaking the "extraction and disinvestment" cycle of the past. The author contends that relying on outside corporations for low-wage jobs fails to build long-term local wealth. Instead, the piece advocates for community-led development and protecting natural assets as the true foundation for sustainable economic health. 

Fight Money Laundering Without Punishing Small Businesses

While the Corporate Transparency Act aims to curb illicit finance, this article argues that its "one-size-fits-all" reporting rules place an unfair burden on law-abiding small businesses. Mandating ownership disclosure creates privacy risks and high compliance costs without effectively deterring sophisticated criminals. Instead, the piece advocates for refining the law to target high-risk entities while exempting legitimate entrepreneurs from overly broad oversight. 

Innovation

While many lenders are rushing to adopt AI, Jay Arneja argues that "generic" automation merely accelerates outdated, paper-heavy workflows. Truly transformative AI must move beyond speed to focus on measurable outcomes, data standards and connected ecosystems. For Arneja, success requires a disciplined framework rather than a patchwork of standalone tools.

Read more here.

Mortgage Trends

While executive orders aim to expand access to mortgages and spur construction, this article explains how the administration seeks to tackle the housing crisis by slashing regulatory red tape. The orders target “burdensome” lending rules and environmental restrictions that have historically inflated building costs and restricted credit. By modernizing the appraisal process and streamlining permit processes, the plan intends to lower barriers to homeownership and increase housing inventory. 

Professional Development

While a toxic office environment can be contagious, simple intentional actions have the power to transform company culture from the ground up. This article explores how small gestures, such as consistent greetings and celebrating peer successes, create "multiplier" effects that amplify team strengths. Read more on how to become a more impactful coworker here.

Market Highlights

While the dream of homeownership remains a goal for many, a new Gallup poll reveals that intentions to buy have plunged to a record low. This article notes that only 25% of non-homeowners expect to purchase a home within the next five years—the lowest figure since tracking began in 2013. With 67% of adults viewing now as a "bad time to buy,” the data highlights a generation increasingly priced out of the housing market.

Celebrating the Mountain State’s Backbone

National Small Business Week (May 3–9) honors the local businesses that power our communities. Whether you’re scaling a boutique practice or refining a long-standing firm, West Virginia’s current landscape offers unique Mountain State Advantages to help you grow.


Key Opportunities Your Business May Qualify For:


  • The 20% Deduction: Ensure your CPA is maximizing the Section 199A (QBI) deduction. Now a permanent fixture as of 2026, this allows many pass-through entities to deduct up to 20% of their qualified business income.
  • New Hiring & Investment Credits: Effective July 1, the Central West Virginia Economic Development Act introduces tax credits of up to $3,000 per new full-time job and a 25% investment credit for business facilities in the region.
  • Save the Date: Registration is open for the 90th Annual WV Chamber Business Summit (Sept. 2–4 at The Greenbrier), the premier venue for connecting with the state’s regulatory and housing policy-shapers.
  • The WV SBDC: The West Virginia Small Business Development Center provides no-cost business coaching and resource connections to help local firms modernize workflows and succession plans.