Kurt Pfotenhauer


Kurt Pfotenhauer News

  • U.S. May NAHB/First American Improving Markets Index (Text)

    Following is the text of the Housing Opportunity Index from the National Association of Home Builders.

  • Title Insurers in Talks With Lenders on Warranties

    Title insurers are in talks with banks and regulators to obtain warranties from lenders assuring they followed proper procedures before selling foreclosed homes, said Kurt Pfotenhauer , head of the insurers’ trade group.

  • U.S. Feb. NAHB/First American Improving Markets Index (Text)

    Following is the text of the Housing Opportunity Index from the National Association of Home Builders. The number of improving housing markets continued to expand for a sixth consecutive month to a total of 259 metropolitan areas on the National Association of Home Builders/First American Improving Markets Index (IMI) for February, released today. This is up from 242 markets listed as improving in January, and includes entrants from all 50 states and the District of the Columbia. The IMI identifies metro areas that have shown improvement from their respective troughs in housing permits, employment and house prices for at least six consecutive months. A total of 20 new metros were added to the list and three were dropped from it this month. Newly added metros include such geographically diverse locations as Rome, Ga.; Fort Wayne, Ind.; Myrtle Beach, S.C.; Albuquerque, N.M.; and Racine, Wis. “The fact that all 50 states now have at least one metro on the improving list shows that the

  • Foreclosure Errors Cloud Homeownership With `Blighted Titles'

    U.S. courts are clogged with a record number of foreclosures . Next, they may be jammed with suits contesting property rights as procedural mistakes in those cases cloud titles establishing ownership.

  • JPMorgan, Bank of America Face `Hydra' of Foreclosure Probes

    JPMorgan Chase & Co. , Bank of America Corp. and Ally Financial Inc., defending allegations of fraudulent home foreclosures from customers and Congress, may face the most financial peril from investigations by state attorneys general.

  • Internet Searches Help Homebuyers Trim Costs in Purchasing Title Insurance

    When Tom Strange, a retired computer engineer in Henderson, Nevada, refinanced his mortgage last year, he rejected the $1,870 title insurance offered by his mortgage broker. Searching online, he cut the cost by half.

  • Merscorp Names Former CitiMortgage Chief Beckmann CEO

    Merscorp Inc. , the firm that tracks documents for U.S. home lenders, named former CitiMortgage Inc. chairman Bill Beckmann as president and chief executive officer, the company said today in a statement on its website.

  • U.S. Oct. NAHB/First American Improving Markets Index (Text)

    Following is the text of the Housing Opportunity Index from the National Association of Home Builders.

  • U.S. Nov. NAHB/First American Improving Markets Index (Text)

    Following is the text of the Housing Opportunity Index from the National Association of Home Builders.

  • U.S. Sept. NAHB/First American Improving Markets Index (Text)

    Following is the text of the Housing Opportunity Index from the National Association of Home Builders.

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