Items Tagged with 'Closing'


  • ClosingCorp launches real-time closing cost estimates

    Lumen Snapshot uses pre-calculated data based on geography, loan scenario
    ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, announced the launch of a new tool that enables lenders to provide borrowers with realistic closing cost estimates in real-time.
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  • To Go: Title company closes mortgages on wheels

    Mobile closings come to you
    A Detroit-area title company is offering what its president says is the area’s first mobile closing vehicle, which brings the closing process to the client instead of the other way around. While mobile mortgage closings are nothing new, this is pretty inventive.
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  • New York requires licensing for title agents

    State was one of three that didn't require licensing
    The licensing requirement was included as part of the New York state budget passed on April 1. New York was previously one of three states in the country that did not require its title insurance agents to be licensed.
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  • Bankrate: New Yorkers Pay Most in the Nation for Mortgage Closings

    Bankrate released its 2007 survey of closing costs today which found that New York -- for the third year in a row -- is the most expensive state in the nation when it comes to closing a mortgage. The average closing cost in New York is $3,830, compared to Indiana (least expensive state) at $2,339. Texas, Florida Pennsylvania and Ohio rounded out the top five; Wyoming, Illinois, Nevada and North Carolina comprised the remaining bottom five.
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