CertifID - Real Estate Investor Pulse

Real estate firms may be on the hook for wire fraud losses: CertifID

June 13, 2024 Mariel Alumit Comments Off

With the number of instances of wire fraud continuing to rise, many victims are turning to court to seek damages after a large portion of their life savings or business liquidity was stolen by […]

CertifID and Old Republic partner to prevent fraud

April 18, 2024 Mariel Alumit Comments Off

Wire fraud prevention firm CertifID and big four title firm Old Republic have entered into a strategic agreement to prevent mortgage payoff fraud, according to an announcement on Thursday. Mortgage payoff fraud occurs when […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]