Talon Title Agency
Talon Title Agency News & Updates

Talon Title at Columbus Realtors YPN Committee Meeting

Monday, February 08, 2016

One of our attorneys Aaron Barone, is meeting with the Columbus Realtors Young Professionals Network this morning to talk about title and contracts! Thanks for having us! Below is an agenda for the meeting. 2-8-16_Agenda.pdf

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ALTA Announces U.S. House Passes TRID Hold-Harmless Bill

Friday, October 09, 2015

By an overwhelming bipartisan vote of 303-121, the U.S. House of Representatives today passed H.R. 3192. ALTA thanks members of the Title Action Network, Congressional Liaisons and state land title associations for contacting their representatives and helping to get H.R. 3192 passed in the House. The bill would create an official hold-harmless period through Feb. 1, 2016 for companies making good-faith efforts to comply with the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosures (TRID) rule. Sponsored by Reps. French Hill (R-Ark.) and Brad Sherman (D-Calif.), the Homebuyers Assistance Act also would provide companies relief from civil liability during the hold-harmless period. ...

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CFPB Announces New Rollout Date

Friday, June 26, 2015

The Consumer Financial Protection Bureau announced its decision to delay the effective date of the TILA-RESPA Integrated Disclosure rule until October 3rd. "We made this decision to correct an administrative error that we just discovered in meeting the requirements under federal law, which would have delayed the effective date of the rule by two weeks," said CFPB Director Richard Cordray. "We further believe that the additional time included in the proposed effective date would better accommodate the interests of the many consumers and providers whose families will be busy with the transition to the new school year at that time,"...

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FHA Revised Mortgage Payoff Guidelines

Monday, January 26, 2015

A new policy is being implemented regarding payoffs for FHA loans that may impact the interest collected for the payoff of the seller's FHA loan. Historically, when providing a mortgage payoff, the lender would calculate interest through a date certain (i.e. end of the month) even though the payoff likely includes the payment of interest post-closing. On January 21st, 2015, the FHA instituted a rule designed to eliminate post-payoff interest charges. The new rule now allows an FHA-approved mortgagee to charge interest only through the date which if the mortgage is paid off and PROHIBITS charging interest beyond that date. ...

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Need To Update Your Talon Title Account Information?

Monday, October 06, 2014

If your company has changed names or you have transferred to a new Real Estate company, you do not need to create a new account with Talon. Just log in with your user name and password, then click "Edit Profile Information" on the left hand side and update your company information including preferred phone numbers, email and company address. Not sure if you already have a log in? Contact our Pickerington office at 614-864-7100 and ask for Shannon, Mysti or Cody.

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Football Schedule Postcards Now Available!

Friday, August 01, 2014

It's that time again! OSU Football kicks off in less than 30 days! Our OSU Football schedule postcards are now available to order online, as well as, any High School football schedules or NFL. We also have other Fall cards available such as, Time Change (November 2nd), Fall Festivals, and Trick or Treat theme postcards. Prices start at $12.00 for 80 cards. Order today!

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CORE LAW Class - Tuesday, February 11th

Monday, January 27, 2014

Tuesday, Feb. 11th from 9:00am - 12:15pm @ Columbus Board of Realtors (2700 Airport Dr., Columbus, OH 43219) Topic: Current Legal Issues 3 CE Hours "FREE" To CBR Members; $20 for non-members Register Online www.columbusrealtors.org Taught By: Jeff Auker, Joe Barone & Jack Wiese, Attorneys for Talon Title Agency

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Real-estate agents hoping casino boosts West Side

Thursday, September 20, 2012

West Side real-estate agents have struggled recently to find something to celebrate, but they’re betting on help from the Hollywood Casino. “Only a couple minutes away from the new casino!” reads one real-estate listing. “Very close to new $400 million Hollywood Casino!” another says. And: “Gamble on this house, and you won’t lose!” In all, about two dozen West Side home listings promote proximity to the casino, due to open on Oct. 8. Any boost would be welcome for the area, which, more than the rest of central Ohio, was bludgeoned by the recession. Between the peak housing year of 2005...

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8 Incredibly Powerful Real Estate Apps

Friday, September 14, 2012

No Matter how hard we try to keep up with all the latest trends and technology, it is virtually impossible to use every single real estate-related mobile application in our business today. There is just too many of them! My fellow MetroTex (Dallas) YPN member- Justin Levitch and I have been teaching what we call our “iPads, Smart Phones, and Real Estate Apps Course” to diverse crowds of REALTORS® all over the Dallas–Fort Worth metroplex. We highlight hundreds of apps that could potentially boost your business, or just make you look like the most rock star, tech savvy real...

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2012 Affiliate of the Year - Joe Barone, Talon Title Agency

Wednesday, June 27, 2012

As Joe's real estate practice grew and he became more involved in the title business, his ambition was to convince Realtors that a real estate attorney could be their friend and not a "deal breaker." With being named this year's Affiliate of the Year, we can agree that he has certainly exceeded his ambition. Joe graduated from Capital Law School Cum Laude in 1975 and is presently in private practice with Magnuson & Barone in Westerville, and he is the manager of Talon Title Agency of Central Ohio. For CBR, he has served on the Board of Directors and was a member...

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Risk Of Mortgage Fraud Declines to Lowest Level Since '09

Wednesday, May 30, 2012

Mortgage fraud risk declined during the first quarter to the lowest level measured since the middle of 2009, according to analytics firm Interthinx. The company calculates the potential for fraud based on the frequency that suspicious activity is detected. Nevada topped the list of riskiest states again after Arizona overtook it at the end of last year. The Silver State has been the riskiest state for mortgage lending since the second quarter of 2009, except for the fourth quarter of 2011, according to Interthinx. It's also held the highest foreclosure rate for most of that time. "As already low mortgage rates have fallen...

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US House Passes 60-Day Flood Insurance Extension

Wednesday, May 30, 2012

U.S. House lawmakers on Wednesday voted to keep the federal government's flood-insurance program running for another two months, giving Congress more time to finish a long-term overhaul that aims to shore up the program's finances. The House, without taking a formal vote count, sent President Barack Obama a bill to extend the National Flood Insurance Program for 60 days, following Senate lawmakers who voted to do so last week. If lawmakers hadn't acted, the program would have expired Thursday just ... Read Full Article

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Expiring Mortgage Debt Relief Act Fuels Strategic Default: Survey

Tuesday, May 29, 2012

A foreclosure prevention agency found that the pending expiration of the Mortgage Debt Relief Act of 2007 is prompting struggling homeowners to strategically default on their loan. YouWalkAway.com conducted a national survey and found 34 percent of respondents indicated that the act, which is set to expire December 31, 2012, contributed to their decision to walk away sooner rather than later from their property. Those surveyed were YouWalkAway.com clients who were actively considering or navigating through the foreclosure process. The Mortgage Debt Relief Act releases homeowners from the obligation of paying taxes on mortgage debt forgiven from a short sale, foreclosure, or...

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Behind the Numbers: Does Case-Shiller Show a Market Bottoming Out?

Monday, May 28, 2012

Tuesday’s S&P/Case-Shiller home-price indexes show a market in which U.S. home prices are still falling, but not as dramatically as in previous months. This is good news for homeowners and home sellers since it indicates that the market is bottoming out. It’s also a sign that the housing downturn, now in its fifth year, may be approaching the end. Nationally, the average sale price of a single-family home fell 1.9% from a year ago, which economists are calling effectively flat. Some markets, including Phoenix, showed major growth in prices, while five of them — Atlanta, Chicago, Las...

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Speeding Up Short Sales

Sunday, May 27, 2012

With rules that take effect next month, federal regulators have hopes of greatly streamlining the short-sale process. Starting June 15, the Federal Housing Finance Agency, which regulates Fannie Mae and Freddie Mac, will require both agencies to give short-sale buyers a final decision within 60 days. (In a short sale, a lender agrees to accept less than the balance on a mortgage.) Fannie and Freddie must also respond to initial requests for a short sale within 30 days of receiving the buyer’s submission. “Short sales are huge right now,” said Peter Spino, the foreclosure services manager for Community Housing Innovators in White...

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Refinancing Now: Lower Rates, Fees Coming Soon

Monday, May 21, 2012

The government is about to make refinancing FHA mortgages more affordable — and potentially easier — for hundreds of thousands of homeowners. The Federal Housing Administration will reduce mortgage fees significantly for borrowers who qualify for the FHA's streamline refinance program. The lower fees go into effect June 11 and will be available to borrowers who refinance loans that were endorsed by the FHA before June 2009. "If you had your loan endorsed prior to that, this is your chance to save money with a streamline refi," says Ed Conarchy, a mortgage planner at Cherry Creek Mortgage in Gurnee, Ill. In the streamline program,...

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