News

ALTA News You Can Use Headlines and news from various media sources, keeping you “in the know” about issues impacting business and the real estate and mortgage markets.

  • Social Security has Less Than 10 Years Before Reserves are Exhausted, New Trustees Report Warns
    on June 10, 2026 at 6:45 am

    The clock is ticking faster for American workers and seniors. The Social Security Administration’s newly released 2026 Trustees Report confirms that the federal retirement safety net is less than seven years away from fiscal depletion, as the Old-Age and Survivors Insurance (OASI) trust fund will completely exhaust its accumulated reserves in the fourth quarter of 2032.

  • Americans ‘Don’t Like the Look of Things’ and are Growing More Worried About Their Job and Finances
    on June 10, 2026 at 6:40 am

    Americans haven’t been this gloomy about their household finances in years – and they expect it’ll only get worse, new survey data showed Monday. The share of Americans who said their financial situation in May was “somewhat worse off” or “much worse off” than a year ago was the largest since January 2023, according to the Federal Reserve Bank of New York’s latest monthly survey of U.S. consumers, a closely watched gauge of economic perceptions and expectations.

  • California City Becomes First in the Nation to Ban Data Centers Outright
    on June 10, 2026 at 6:35 am

    The Southern California community of Monterey Park just became the first in the nation to permanently ban data centers. Residents of Monterey Park voted overwhelmingly on June 2 to prohibit data center development outright, with about 88% supporting a ballot measure, according to information from Los Angeles County.

  • Scam by Athlete Impersonating NFL Players Casts Spotlight on Ongoing Deed Fraud Threat
    on June 10, 2026 at 6:00 am

    Title professionals and compliance attorneys know how common deed fraud schemes have become, but when news broke in April that former college athlete Luther Davis was accused of pretending to be NFL players to steal nearly $20 million, it was clear that the innovation of criminals and malicious actors knows no bounds.

  • Fake Sellers, Real Risk: ‘I’m Being Duped’
    on June 8, 2026 at 1:30 pm

    The National Association of Realtors (NAR) warns real estate professionals about the growing risk of seller impersonation fraud and the need to stay alert for red flags. The article cites ALTA data showing nearly three in 10 title companies experienced at least one seller impersonation fraud attempt in 2023 and reinforces the importance of due diligence, identity verification and reporting suspected fraud. ALTA is compiling the latest seller impersonation fraud survey results to provide an updated view of how this threat is evolving across the title industry.

Abstracter

Abstracter 46 April 2021

Abstracter 45 December 2020

Abstracter 44 May 2020