Public record-linked AI misses key title issues in many searches

DataTrace Information Services has released a new analysis examining whether artificial intelligence (AI) relying solely on public records can produce the accuracy and completeness required for insurable title decisions. The report, titled “AI Title Search Tested in the Real World: What Accuracy, Ri
Read MoreSenator moves to regulate home equity investments at the federal level

A bill introduced in the U.S. Senate would amend the Truth in Lending Act (TILA) to explicitly include home equity investments (HEIs) within the law’s definition of residential mortgage loans — a move that would subject the growing financial product to federal consumer lending protections. Introduce
Read MoreNYC expands finance pool for office-to-residential makeovers

New York City administration officials took a stride toward spurring more office-to-residential conversions by expanding a long-term financing option used in clean energy construction. In late June, the city made embodied carbon eligible for financing under its Commercial Property Assessed Clean Ene
Read MoreOpinion: The capital structure solution hiding inside the housing crisis

On July 11, the 21st Century ROAD to Housing Act became law without President Trump’s signature. The legislation focuses on expanding supply, modernizing housing programs and reducing barriers that have historically slowed development. It’s an important move toward increasing the number of homes we
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