Sens. Cramer, Warner Introduce Federal Remote Online Notarizations Bill

Sens. Kevin Kramer, R-N.D., and Mark Warner, D-Va., yesterday introduced legislation that would allow immediate nationwide use of Remote Online Notarizations, a step long-advocated by the Mortgage Bankers Association and the American Land Title Association.

December Pending Home Sales Down 5%

Pending home sales fell in December, falling back after increasing slightly in November, the National Association of Realtors reported yesterday, as all four major regions reported a drop in month-over-month contract activity.

November Existing Home Sales Drop 1.7%

Existing home sales fell in November, the National Association of Realtors reported yesterday, putting a damper on what had otherwise been a strong month for housing market performance.

MBA, Trade Groups File Amici Brief on Constitutionality of CFPB Structure

The Mortgage Bankers Association, the National Association of Realtors and the National Association of Home Builders this week filed a neutral amici brief with the U.S. Supreme Court in a case that could determine the future structure of the Consumer Financial Protection Bureau.

October Pending Home Sales Slip 1.7%

Pending home sales fell back in October after two prior months of increases, the National Association of Realtors reported last week. However, they improved nationally and in all regions from a year ago.