FHFA Eliminates Adverse Market Refinance Fee
The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will eliminate the Adverse Market Refinance Fee for loan deliveries…
Category: News
Bye Bye RON/RIN – We hardly knew ye.
Gov. Tate Reeves has announced the end of the COVID-19 State of Emergency in Mississippi. The end of the State of Emergency is set to…
Member Highlight – Agent: Alan Windham
Donald Alan Windham, Jr., is not your average member of the Land Title Association of Mississippi. He is not an agent, abstractor, or underwriter, and…
ALTA Encourages Secretaries of State to Support SECURE Notarization Act
ALTA and the Mortgage Bankers Association (MBA) encouraged the National Association of Secretaries of State (NASS) to support the bipartisan Securing and Enabling Commerce Using…
MRPC Rule 5.5: Now Requires In-House Counsel Registration
Effective July 1, 2021, any attorney that is not licensed in Mississippi, but serves as an in-house corporate lawyer, government lawyer, is employed to render…
Ginnie Mae unveils 40-year mortgage term for issuers
Housing Wire reports that Ginnie Mae is set to introduce a new 40-year mortgage term for its issuers on the heels of administrative shake ups…
Title Examination Standards: Second Edition Now Available
The Real Property Section referendum regarding updates to the Mississippi Title Examination Standards ended on May 31, 2021. The referendum passed 97% in favor, with…
ALTA Board Approves 2021 Policy Forms
ALTA’s Board of Governors on May 26 approved a recommendation to adopt the 2021 ALTA Policy Forms collection. The intended effective date of the 2021…
Senators reintroduce bill to allow remote online notarizations
Senators Mark Warner (D-Va.) and Kevin Cramer (R-N.D.) have reintroduced federal legislation that would allow remote online legislation (RON) nationwide. Known as the Securing and Enabling Commerce Using…
Notice: Adams County to become paperless
Effective June 1, 2021, the Adams County Chancery Clerk’s office will become a paperless office. All documents submitted for “recording” will be maintained in electronic…
Help Preserve 1031 Exchanges
As part of the tax policy changes included in the American Families Plan, 1031 like-kind exchange deferral amounts would be capped at $500,000. Recent research…
Biden Economic Plan Targets 1031 Exchanges
Tax breaks for 1031 like-kind exchanges would be capped under a wide-ranging economic plan proposed by President Biden. On Wednesday, Biden introduced the $1.8 trillion…
$1.8 Billion Lost Due to Business Email Compromise in 2020
As the country battled the COVID-19 pandemic during 2020, a record number of internet fraud complaints were reported to the FBI. According to the FBI’s 2020…
Member Highlight – Associate: Lien Sweeper
New to LTAMS in 2021, Natasha Livingston is an Associate Member representing Lien Sweeper. Natasha tells us that the company is a leading provider of…
Paper-Out Procedure Becomes Law
The old song “I’m Just a Bill” from School House Rock comes to mind when describing the process to push a bill. When legislation is…
CFPB Reverses Pandemic Flexibilities, Vowing Enforcement
The Consumer Financial Protection Bureau announced Wednesday it is rescinding seven of its temporary policies put in place to protect consumers during the pandemic. The…
ALTA Joins 30 Organizations in Support of 1031 Exchanges
ALTA joined 30 other organizations in letters to Congressional leaders and U.S. Secretary of the Treasury Janet Yellen explaining the importance of 1031 like-kind exchanges.…
The Mississippi River: Title Issues and Concerns
Mississippi may not have as much waterfront property as some of our neighboring southern states, but I am still asked on occasion about any special…
$1.8 Billion Lost Due to Business Email Compromise in 2020
As the country battled the COVID-19 pandemic during 2020, a record number of internet fraud complaints were reported to the FBI. According to the FBI’s 2020…
Bipartisan Cannabis Bills Introduced in Senate, House
Two important bills were introduced in the U.S. Senate and House of Representatives that would provided needed protection to title and settlement services companies when…