Blog
Equity National Title is a company that's dedicated not only to awesome experiences and community involvement, but to education as well. We maintain this blog so that we can be a valuable resource to homeowners, lenders and realtors.
![New mortgage disclosure forms coming [VIDEO]](https://www.equitynationaltitle.com/sites/default/files/default_images/equity.jpg)
By: Equity National January 12, 2015 No Tags Uncategorized
New mortgage disclosure forms coming [VIDEO]
Changes are coming that will make the mortgage process a bit easier next year. Two mortgage disclosure forms that will launch late next summer will notify homebuyers of changes to their deals. The Loan Estimate disclosure will show the details of the deal, while the Closing Disclosures will explain whether the borrower is getting the same deal at closing. Until the new ones are released in August 2015, the same three forms current...

By: Equity National January 9, 2015 No Tags Uncategorized
CFPB to allow more lenders to register for compl...
The Consumer Financial Protection Bureau’s consumer complaint database, a contentious feature since its implementation, will receive upgrades and become more accessible to lenders. The CFPB is making changes to its complaint archive in order to streamline response times, and part of that effort will be increased access to the database for lenders, according to a recent notice from the bureau. The regulatory body is working on...
![For housing, 2015 brings the new normal [VIDEO]](https://www.equitynationaltitle.com/sites/default/files/default_images/equity.jpg)
By: Equity National January 8, 2015 No Tags Uncategorized
For housing, 2015 brings the new normal [VIDEO]
The housing market is changing a lot these days, and as the calendar flips into 2015, everyone should prepare for what experts are calling the new normal. The new year will likely be marked by somewhat of a return to balance for the U.S. housing economy as the formerly rapidly recovering market enters a state of stability and normalcy for the first time in years, according to Forbes. While 2014 has been rather strange, including a p...

By: Equity National January 6, 2015 No Tags Uncategorized
For lenders, the focus must be customer satisfac...
Transcript How do you go from measuring dollars to measuring happiness? That’s what lenders have to figure out now that the Consumer Financial Protection Bureau has made customer satisfaction priority number one. Really, the bureau has taken to measuring dissatisfaction – and unfortunately, it has found a lot. The CFPB has implemented a variety of channels that customers can use to make their voices heard. If someone’s not satis...

By: Equity National January 5, 2015 No Tags Uncategorized
Mortgage process confuses first-time home buyers...
When it comes to mortgages, many first-time home buyers can agree on one thing: they’re confusing. A recent study found that 43 percent of people who are new to house hunting are typically confused by the mortgage process. Nearly every step presents challenges to first-time home buyers. The variety of loan options offered aren’t always clear to more than half of those new to the process. Plus, the study found that 44 percen...
![More millennials to purchase homes [VIDEO]](https://www.equitynationaltitle.com/sites/default/files/default_images/equity.jpg)
By: Equity National January 2, 2015 No Tags Uncategorized
More millennials to purchase homes [VIDEO]
More young adults are getting hired, and that means more of them could soon be buying homes too. In addition to the employment spike among young people, there’s been a miniature baby boom recently as well. A perfect home-buying storm is brewing for the new families of people between 24 and 35 next year. The top driver for home-buying is life – as families come together and babies are born, people will need to purchase houses. ...
![Keeping the client involved [VIDEO]](https://www.equitynationaltitle.com/sites/default/files/default_images/equity.jpg)
By: Equity National December 31, 2014 No Tags Closing
Keeping the client involved [VIDEO]
Transcript Client engagement is essential, and there are a few ways to keep them involved. First off, don't confuse keeping the borrower engaged with client farming. They're different, so make sure that the individual is engaged in the discussion – it will be more interesting than a one-sided pitch. Also, don't hold back on the information. Make it easy for clients to find out everything they need to know, even before they contact y...
![Home sales on the rise [VIDEO]](https://www.equitynationaltitle.com/sites/default/files/default_images/equity.jpg)
By: Equity National December 31, 2014 No Tags Uncategorized
Home sales on the rise [VIDEO]
For the sixth time in seven months, home sales jumped in October. Existing home sales grew 1.5 percent last month. October also marked the first time this year that sales of existing homes rose on an annual basis. The increases have been cited as a sign that the housing market is kicking again, after a jump in mortgage rates last year dragged down existing home sales. Rising mortgage rates were a detriment to home purchases last year as ...

By: Equity National December 2, 2014 No Tags Title
The vital roles title insurance plays in home sa...
A housing purchase is typically the largest transaction individuals undertake in their lifetimes, due to their substantial size and scale. As there a number of moving parts to every real estate sale, it is important both buyers and sellers take measures to prevent issues that could hamper the deal. One of the best ways to mitigate potential problems in all stages of a home sale is by purchasing title insurance, as it provides numerous benefits...

By: Equity National December 2, 2014 No Tags Title
Experts say title insurance is critical for home...
Every year, millions of Americans go through the mortgage process without experiencing a single issue. Unfortunately, though, there are some who do, and the problems they run into could end up being quite costly, depending upon where in the process they arise. For this reason, experts continue to urge consumers to get title insurance, which can potentially save them thousands of dollars. The problem is that many consumers may see this as ...