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The Title Report is the title insurance industry’s premier source of market intelligence on issues that matter to today’s title agent and settlement services professional. It provides up-to-the-minute, nationwide reporting on title insurance, settlement services, e-commerce and title technology, real estate market trends, fraud reports, ratings actions and earnings reports, mergers and acquisitions, niche markets, competitive business strategies and regulatory and legislative updates.


 

 

NeXtraction now available from NextAceOpen in a New Window

NextAce released NeXtraction, an adaptable and accurate data capture engine and related workflow that turns document images into actionable data and information. 

“NeXtraction makes possible the true harnessing of data,” NextAce CEO Don Cantral said.

 

Big 4, Ellie Mae to release third quarter resultsOpen in a New Window

First American, Fidelity, Old Republic, Stewart and Ellie Mae are releasing their third quarter earnings report over the new few days. 

 

Statewide Abstract acquires Land TransferOpen in a New Window

Statewide Abstract Corp. acquired Land Transfer Ltd. Keep reading to learn more.

 

Thomas Title adds top producersOpen in a New Window

Thomas Title moves and adds two new team members. 

 

Alliant National achieves SSAE certificationOpen in a New Window

Alliant National CEO Bob Grubb said the underwriter is now the only one in the nation to provide an independent audit of its agent oversight systems to lenders. It recently completed the Service Organization Control (SOC) 1SM SSAE 16 Type II examination. Read on to learn more.

 

The 10 commandments of complianceOpen in a New Window

Following a string of Consumer Financial Protection Bureau (CFPB) consent orders with real estate, title insurance and settlement service providers, as well as ongoing private litigation, legal and regulatory compliance is weighing heavily on these industries. At the Real Estate Services Providers Council Inc.’s (RESPRO) recent conference, two top RESPA attorneys presented their top 10 recommendations for avoiding investigations and dealing with regulatory audits.

 

 

Fed surveys latest conditions in Beige BookOpen in a New Window

The Federal Reserve’s seventh Beige Book report gives a look at banking and real estate conditions across the country, in addition to the state of other industries and the overall economic outlook. Read on to see what the Fed’s 12 districts had to say about conditions today.

 

Stewart hires KC managerOpen in a New Window

Stewart Title announced it has hired a regional manager for its Kansas City office. Read on to find out who it is.

 

DocMagic buys eSignSystemsOpen in a New Window

Loan document preparation provider DocMagic Inc. announced Oct. 16 that it acquired eSignSystems from WAVE Systems Corp. Terms of the acquisition were not disclosed.

 

 

Live from ALTA: Day 2Open in a New Window

The Title Report attended the 2014 American Land Title Association’s 2014 Annual Convention. Panels of industry experts spoke on subjects ranging from the Closing Disclosure forms to the eClosings. Keep reading for a summary of what we learned.

 

RADAR helps title agents with data breach complianceOpen in a New Window

Financial institutions such as title insurance companies handle millions of transactions daily involving customers’ sensitive information. Add the complexities of maintaining the privacy of this information and mix in compliance obligations with the myriad of changing state breach laws and you’ve got a recipe for non-compliance, wasted resources, increased risks and potential fines.

 

Housing market study paints picture for electionsOpen in a New Window

A new report from RealtyTrac analyzed housing conditions in more than 1,500 counties nationwide to determine the health of markets and their potential effect on elections this fall. Read on to see what RealtyTrac forecasts based on the housing study.

 

REDS CEO advises on data securityOpen in a New Window

October Research, LLC recently attended Real Estate Data Shield Founder and CEO Christopher Gulotta’s presentation regarding title agents and data security. He said agents need to be as prepared as their customers for data breach. Read to learn how.

 

Live from ALTA AnnualOpen in a New Window

The Title Report is attending the American Land Title Association’s 2014 Annual Convention Seattle. Read on for a glimpse at Day 1.

 

First Bank Mortgage sticks with Black Knight’s MSPOpen in a New Window

First Bank Mortgage announced that it will continue its nearly 25-year relationship as a client of Black Knight Financial Services, signing a three-year contract to service its mortgage loans on Black Knight’s MSP system.

 

Providers preparing for changes to mortgage disclosure formsOpen in a New Window

The new loan estimate and Closing Disclosure forms will replace the good faith estimate, HUD-1 settlement statement and TILA disclosures in less than 300 days on Aug. 1, 2015. This will be a culture shift in the settlement services industry, and software companies aren’t wasting any time getting prepared. Representatives from ResWare, RamQuest and SoftPro said they are getting their customers ready when the time comes. Read on to find out how.

 

Home price index shows August gainsOpen in a New Window

For the 30th consecutive month, year-over-year home prices rose nationally, according to the August CoreLogic Home Price Index, released earlier this month. Read on to find out the pace of growth and where CoreLogic forecasts prices to go in the next year.

 

Atlantis earns SSAE 16 certificationOpen in a New Window

Atlantis National Services Inc., a title insurance agency licensed in 32 states, announced that it completed an audit examination for SSAE 16 SOC1 Type 2 certification.

 

Title industry reacts to Wells Fargo announcementOpen in a New Window

So far, many in the industry don’t seem surprised and were prepared for the announcement.

“I have been following the new HUD proposal for a long while now and have attended many information sessions on the new HUD and the new CFPB best practices that are being implemented next August as well, so I was not surprised by this announcement,” Sojo Title Agency Operations and Title Manager Katie McKinney said. 

 

eLynx to acquire Medallion AnalyticsOpen in a New Window

eLynx, a portfolio company of American Capital, Ltd. entered into a definitive agreement to acquire the assets of Medallion Analytics Company (Medallion). Pittsburgh-based Medallion provides services that help lenders and settlement services companies extract data from documents rather than rely simply on image files. This data can then be used to pre-populate forms and ensure greater quality, accuracy and compliance in loan documents from pre- to post-close. The deal is expected to close Oct. 31.

 

Fannie Mae data breacher sentencedOpen in a New Window

Sathish Kumar Chandhun Rajendran, 36, of Sterling, Va., was sentenced after pleading guilty to engaging in unauthorized access to government servers that hosted a Fannie Mae website used to support federal mortgage loan modification programs.

Rajendran pleaded guilty to one count criminal information charging him with unauthorized access to a protected computer causing damage.

 

Ernst Publishing readies lenders for new CFPB rulesOpen in a New Window

Ernst Publishing Co. updated its patented search engine technology, making the system ready for lenders who must comply with the new CFPB Integrated Disclosure rule coming in 2015.

 

Pioneer Technology Group partners with Williston Financial GroupOpen in a New Window

Williston Financial Group (WFG) selected YourDox, a secure document deliver and online marketing system, as a preferred partner for its independent title agents. Read on to learn more.

 

Home purchases remain constant so far in FallOpen in a New Window

The Mortgage Bankers Association (MBA) Builder Application Survey data for September shows mortgage applications for new home purchases remained constant relative to the previous month.

 

CATIC expands educational offerings to its agentsOpen in a New Window

The Connecticut Attorney’s Title Insurance Co. (CATIC) is improving the competitiveness of its agents by widening its educational offerings. Recently, the title insurance underwriter hosted its first agent forum, attracting more than 500 people.

 

States expand data breach notification requirementsOpen in a New Window

Title Insurance companies, like other financial institutions are vulnerable to data breaches. When this happens there are federal and state laws requiring notification of the breach and the amount of damage done. According to an Oct. 8 report from Perkins Coie, Third Quarter 2014: States Expanding Data Breach Notification Requirements, California, Florida, Kentucky and Iowa have their security breach notification requirements in the past few months.

 

WFG integrates policy jackets with RamQuest Closing Market platformOpen in a New Window

WFG National Title Insurance Co. integrated its policy jackets with RamQuest’s Closing Market platform. Keep reading to learn how this makes agents’ jobs easier.

 

Industry veteran joins ServiceLink sales executive teamOpen in a New Window

ServiceLink added a respected industry veteran to its national sales executive team.

 

North American adds vendors to SearchLink NetworkOpen in a New Window

North American Title Insurance Co. and A.S.K. Services Inc. teamed up to provide A.S.K. Services’ title searches and recording solutions to NATIC’s independent agents in Michigan, Ohio and Indiana. In other NATIC news, teambuilder Lundbeck joins NATIC in California.

 

ATPR offers new property search productOpen in a New Window

American Tax & Property Reporting Inc., a subsidiary of SLK Global, launched SmartProp, a next generation product in property search reports.

 

New York’s Insignia Title partners with Boston NationalOpen in a New Window

“It’s a partnership. They took a big stake in us so they would have a New York presence,” Insignia BNT Managing Partner Darren Wainer told The Title Report

 

New HELOC report shows equity loans up 21 percentOpen in a New Window

RealtyTrac, a source for comprehensive housing data, released its first Home Equity Line of Credit Trends Report.

RealtyTrac Vice President Daren Blomquist told The Title Report, “The primary impetus for this report was availability of the data. Previously we have not had access to mortgage data, but we recently acquired record-level mortgage data nationwide, and so wanted to bring more awareness in the marketplace of trends in that data. We started with HELOCs in part because those are an interesting part of the marketplace right now as homeowners regain equity and return to this loan product that largely was in hibernation over the past two years.”

 

MBA appoints CFO, vice presidentOpen in a New Window

 The Mortgage Bankers Association appointed a new chief financial officer along with a vice president of research and economics. Keep reading to find out who they are.

 

 

Black Knight names chief technology officerOpen in a New Window

The data and analytics division of Black Knight Financial Services appointed a chief technology officer out of the Irvine, Calif., office.

 

Lighthouse, industry experts respond to CFPB enforcementOpen in a New Window

The Consumer Financial Protection Bureau (CFPB) on Sept. 30 announced a consent order and $200,000 penalty against Lighthouse Title Inc. for what the bureau called “illegal quid pro quo referral agreements.” According to the bureau, Lighthouse Title – a personal, business, life and title insurance provider in Holland, Mich. – violated RESPA by “providing something of value to any person with an agreement or understanding that the person will refer real estate settlement services.”

 

Old Republic adds national underwriting counselOpen in a New Window

Old Republic National Title Insurance Co. appointed a new vice president and national underwriting counsel to underwrite commercial title insurance risk of more than $25 million and provide legal and business advice.

 

LenderSecure grows compliance partner listOpen in a New Window

LenderSecure adds to its list of compliance providers launched last year by RynohLive and Real Estate Data-Shield.

 

RedVision adds sales expert to senior staffOpen in a New Window

RedVision, an independent nationwide provider of real property title data, search examination and curative-ready solutions, appointed Leanne Zinn-Cox to serve as executive vice president of sales and marketing. 

 

A.M. Best upgrades Old Republic ratingsOpen in a New Window

A.M. Best upgraded ratings of certain subsidiaries of Old Republic International Corp., including the Old Republic Title Insurance Group.

 

Rochester’s Professional Notary Services goes nationalOpen in a New Window

Marcy Tiberio, founder and president of Professional Notary Services, is taking her witness signing services national. She wants to offer her vetted, “streamlined, one-stop signing service process” to attorneys, title companies and banks to find qualified, vetted notaries across the country.

NTC implements best practices for notaries

 


 

Realogy acquires title company in PennsylvaniaOpen in a New Window

Realogy Holdings Corp. announced strategic acquisitions in Harrisburg and Lancaster, Pa., by its subsidiaries NRT LLC and Title Resource Group, including Realty Select a residential brokerage and property management operation.

 

Reality TV stars sentenced to prison for fraudOpen in a New Window

Two of the stars of the TV show “The Real Housewives of New Jersey” were sentenced Oct. 3 to prison terms for committing a string of crimes as part of a long-running financial fraud conspiracy.

U.S. Attorney Paul Fishman released a statement saying Teresa Giudice and her husband Giuseppe “Joe” Giudice of Towaco, N.J., were sentenced to 15 months and 41 months in prison, respectively.

 

Stewart Title adds to commercial services centerOpen in a New Window

Stewart Title Commercial Services appointed a manager at its Los Angeles center. He will be responsible for growing the company commercial business company-wide. 

 

Chicago Title acquires escrow company in San DiegoOpen in a New Window

Chicago Title acquired an escrow company in California. Read on to find out who. 

 

Florida’s top two in title join forcesOpen in a New Window

The HT family of companies is the parent company to several full-service title agencies in the Tampa Bay area and operates the brands of Hillsborough Title, Paramount Title, Tampa Bay Title, Homeplus Title and Cornerstone Title. It’s among the top 1 percent of all the title agencies in the state, according to CoreLogic.

Hillsborough Title and HomePlus Title join forces

 

Demotech assigns FSR to First Atlantic TitleOpen in a New Window

First Atlantic Title Insurance Co. of Virginia Beach, Va. earned a financial stability rating (FSR) of S, Substantial, from Demotech Inc. 

 

Ellie Mae completes acquisition of AllRegsOpen in a New Window

Ellie Mae, a provider of innovative on-demand software solutions and services for the residential mortgage industry announced the completion of its acquisition of AllRegs, an information provider for the industry.

 

Adeptive adds training specialistsOpen in a New Window

Adeptive, the privately owned creator of ResWare, added two training specialists. Keep reading to learn more.

 

Republic Title welcomes two to MacArthur teamOpen in a New Window

Republic Title of Texas expanded its MacArthur branch staff to better serve the Coppell, Irving, Valley Ranch, Hackberry Creek, La Villita and Las Colinas communities.

 

Jay Anderson joins ServiceLink executive teamOpen in a New Window

ServiceLink has added Jay Anderson to its executive team. He now will serve as senior vice president of loan modification solutions.

 

Residential properties regain equity in second quarter 2014Open in a New Window

CoreLogic reports 946,000 residential properties regained $1 trillion in total equity in the second quarter of 2014. Keep reading to learn more.

 

Home price appreciation slowsOpen in a New Window

Residential home prices continued to rise in August, RealtyTrac reported. Read on to see how much prices rose compared with a year ago.

 

Survey: Smallest companies face biggest compliance challengesOpen in a New Window

Habif, Arogeti & Wynne LLP conducted the first national survey to fully understand the impact of regulatory changes imposed by the Dodd-Frank Act through the Consumer Financial Protection Bureau. The report reveals the current state of the title and settlement industry and identifies key trends, challenges and opportunities related to compliance.

The survey, conducted in April, included 176 companies across the nation that varied in size by revenue from settlement of residential mortgages. 

 

North Title to open four more locations in 2015Open in a New Window

Title Inc. plans to expand in Minnesota with four more locations by the end of the 2015. Executive Closer Kristen Christie told The Title Report North Title is growing fast.


 

Greater Illinois Title adds Greater Indiana TitleOpen in a New Window

The wholly-owned subsidiary of Greater Illinois Title Co. has opened its main office in Merrillville and closings locations in Munster, Valparaiso and St. John. With 16 locations in Illinois, these four make an even 20 locations in two states.

“It was an easy transition,” Gregory Kosin told The Title Report. 

 

Industry reacts to consumer complaint databaseOpen in a New Window

Industry associations including the Mortgage Bankers Association and the American Land Title Association are coming out against the Consumer Financial Protection Bureau’s proposal to add consumer narratives to its compliant database.

Both associations agreed unsubstantiated complaints against companies could cause harm, not only to the company, but the consumer as well. 

 

FHFA appoints new deputy directorOpen in a New Window

The Federal Housing Finance Agency (FHFA) Director Mel Watt appointed Nina Nichols as deputy director of the FHFA Division of Enterprise Regulation. She will oversee the FHFA’s regulation and supervision of Fannie Mae and Freddie Mac.

FHA commish to step down

 

TitleOne announces SSAE 16 recertificationOpen in a New Window

TitleOne, a locally owned title and escrow company based in Idaho, has received recertification for the Statement on Standards for Attestation Engagements (SSAE) No. 16.

 

Pioneer Technology Group expands into ColoradoOpen in a New Window

Douglas County, Colo., has selected the Landmark Official Records system from Pioneer Technology Group as the county’s new recording and public search system. This is the first installation of Landmark in Colorado.

 

First International Title offers eRecording with SimplifileOpen in a New Window

First International Title now is offering eRecording at all 25 of its branches throughout Florida. 

 

Indecomm Global Services celebrates eRecording milestoneOpen in a New Window

Indecomm Global Services announced its eRecording services now are available in more than 700 counties.

 

Wells Fargo announces plans for Closing Disclosure formsOpen in a New Window

Who will prepare and deliver the Closing Disclosure forms and how will the process change? Wells Fargo announces its plans.

 

 

Castro stresses need for housing finance reform at SummitOpen in a New Window

Julián Castro made his first major address, at the Bipartisan Policy Center Housing Summit on Sept. 16, since being sworn in as secretary of the U.S. Department of Housing and Urban Development (HUD) on July 28.

In his speech, Castro reaffirmed HUD’s mission to build upon the post-crash growth in the economy and the housing market to make homeownership a possibility for every American.

 

MISMO awards first Premiere level certificationOpen in a New Window

The Mortgage Industry Standards Maintenance Organization (MISMO) awarded its first Premiere Level certification to Expedite, the services platform from eLynx. Expedite is the first product to receive this important designation from MISMO.

“We congratulate eLynx for being the first company to obtain a certificate for one of its products through MISMO’s software compliance certification program,” MISMO President Mike Fratantoni said. 

 

‘Title Man’ releases first bookOpen in a New Window

  Michael Holden, vice president of field operations for the North American Title Insurance Co. and author of “The Ramblings of a Title Man” column, has released his first book.

 

 

Millennials are moving in, baby boomers outOpen in a New Window

Millennials are moving away from counties with smaller populations, while baby boomers are moving in them. Keep reading to learn more about these generations.

 

Title Alliance grows staff at Indy MetroOpen in a New Window

Title Alliance Ltd. has staffed two roles at Title Alliance of Indy Metro. The appointments come just two months after the joint venture partnership was formed with Keller Williams Indy Metro South.

 

Technology impacts title examination, title plantsOpen in a New Window

October Research, LLC attended the Association for Title Information Management (ATIM) 2014 Conference in Portland, Ore. In the session, “Who, or More Likely What is Accessing the Title Plant? The Impacts of Technology on Title Examination and the Role of Title Plants,” the panel discussed how technology works in this niche of the industry.

The panel was moderated by Mark Ladd, director of channel sales for Simplifile and included, Brian Twibell, CEO and co-founder of RedVision, Tim Murray, vice president of technology at NextAce and Adam Castillo, vice president of operations at Data Trace.

 

New association forms for REO professionalsOpen in a New Window

“It is our hope that Realtors, title agents, municipalities and property preservation professionals can join together, learn from one another and improve the public’s perception of the REO industry as a whole,” Executive Director Tiffany Asente told The Title Report.

Hillsborough’s Loper seeks to change REO stereotype

 

Competitors reQuire, Final Trac join forcesOpen in a New Window

reQuire LLC, a lien release tracking and reporting service for the real estate services sector, has completed its acquisition of Final Trac LLC.

Linda Aparo, former CEO of Final Trac and now director of sales and marketing under the new entity, told The Title Report she never has been more excited.

 

 

Large lenders expecting credit standards to easeOpen in a New Window

Purchase mortgage demand expected to decline over the next three months, according to Fannie Mae’s third quarter Mortgage Lender Sentiment Survey.

 

Lending group names Kensington Vanguard preferred title insurance providerOpen in a New Window

The American Association of Private Lenders endorsed Kensington Vanguard National Land Services as Preferred Title Insurance Provider. Keep reading to learn why.

 

LenderLive grows settlement services divisionOpen in a New Window

LenderLive Network Inc., a domestic-based, end-to-end mortgage services provider, named Charlie Kent vice president of national sales for its settlement services division.

 

QRM rule release date still unknownOpen in a New Window

 Six regulatory agencies re-proposed their QRM rule more than a year ago, but based on comments from agency leaders during a recent Congressional hearing on Dodd-Frank implementation, it appears the final rule may not be released for a while.

 

 

Lennar Corp. reports ‘solid profitability’ for third quarterOpen in a New Window

Lennar Corp, one of the nation's largest homebuilders, reported results for its third quarter ended Aug 31.

Lennar reports highest second quarter margins in company’s history

"We are extremely pleased with our third quarter results as we achieved solid profitability in each of our reporting segments,” Lennar Corp. CEO Stuart Miller said.

 

Reports find homeownership still part of the American DreamOpen in a New Window

Wells Fargo and the Demand Institute recently released studies showing Americans, including millennials, still view homeownership as an achievement. Keep reading to see what these experts had to say.

 

WFG integrates with AdeptiveOpen in a New Window

Adeptive’s ResWare platform now is integrated with WFG National Title Insurance Co. policy jackets. 

 

Newton man admits to extensive mortgage fraudOpen in a New Window

Filippos Milios, also known as Filip Milios of Newington, Conn., pleaded guilty before U.S. Magistrate Judge Donna Martinez in Hartford to conspiracy and money laundering offenses stemming from his role in a mortgage fraud scheme involving dozens of Connecticut properties.

 

First National expands to New MexicoOpen in a New Window

First National Title Insurance Co. (FNTI) has expanded into New Mexico market.

“We are following our independent spirit of agent-focused underwriting services to the land of enchantment,” CEO Chris Phillips said. 

 

Florida Realtors open Platinum TitleOpen in a New Window

Bryan and Cheri Guentner, owners of RE/MAX Platinum Realty, have opened Platinum Title, LLC. 

 

Baird & Warner expands in ChicagoOpen in a New Window

Baird & Warner, Chicagoland’s largest locally owned independent residential real estate services company, opened its 24th branch office in Plainfield, Ill.

 

 

National Title Solutions grows commercial staffOpen in a New Window

The National Title Solutions (NTS) affiliate of North American Title Co. has added Krista DeCastro as senior counsel. 

 

Advantage Group boosts sales teamOpen in a New Window

The Advantage Group has added a senior vice president to work with institutional investors, lenders, attorneys and developers on significant regional and multi-state transactions.

 

Windermere joins RealtyTrac networkOpen in a New Window

Windermere Real Estate, a Seattle-based brokerage, is now part of RealtyTrac exclusive residential real estate network. 

 

FAF eyes growth, product expansion as market mellows outOpen in a New Window

As a pure-play leader in the title insurance market, First American Financial Corp. (FAF) is in a strong financial position with a healthy balance sheet and a meaningful opportunity to return capital to shareholders, the insurer announced during a presentation on Sept. 10 at the Barclays PLC Global Financial Services Conference.

 

Fidelity president gives Barclays market updateOpen in a New Window

Brent Bickett, president of Fidelity National Financial (FNF), spoke at the Barclays Global Financial Services Conference in New York on Sept. 9. He said the last six months, order counts have been relatively flat, so it’s an easy environment for the title group.

Fidelity gives conference look at Q3

“This is one of the strongest markets that we've had in a while,” Bickett said. 

 

SCA partners with Fidelity National Title GroupOpen in a New Window

Security Compliance Associates (SCA), an information security provider for financial institutions, has entered into a preferred vendor arrangement with Fidelity National Title Group.

 

TrackerPro partners with CSCOpen in a New Window

TrackerPro, a title insurance software provider, partnered with Corporation Service Co., to enable seamless integration with the CSC eRecord application.

 

Average loan size increases according to MBAOpen in a New Window

The Mortgage Bankers Association Build Application Survey data for August 2014 shows mortgage applications for new home purchases decreased by 9 percent relative to July, but average loan size has increased over the same time period.

 

Email encryption: A Trojan horse waiting to strikeOpen in a New Window

Everyone is aware of cyberthreats and has taken steps to make their networks and systems more secure, but CertainSafe Executive Vice President Steve Russo saw many overlooking an important aspect of cybersecurity.

He authored a whitepaper, “Email Encryption: A Trojan horse waiting to strike” where he said, “Over time, we have learned that securing sensitive and confidential communication, data exchanges and information that travels through emailing is a complicated challenge.

 

First Nationwide Title appoints director of title operationsOpen in a New Window

First Nationwide Title Agency added a director of title operations along with a senior title officer to rapid growing staff. Keep reading to learn more.

 

California mortgage fraudster to report to prison Nov. 3Open in a New Window

Granada Hills, Calif., accountant Carmen Denise Mosely will report to federal prison Nov. 3 to begin her 57-month sentence. She was convicted of conspiracy and fraud charges for participating in a mortgage fraud scheme in southern Nevada. 

 

North American partners with RedVisionOpen in a New Window

North American Title Insurance Co. and RedVision have teamed up to provide search, examination and curative-ready solutions to NATIC’s independent agents across 38 states via its online portal, SearchLink Network.

 

Foreclosure activity down 9 percent from a year agoOpen in a New Window

After 44 consecutive months of annual decreases, there were 51,192 properties scheduled for foreclosure auction during the month of August, according to RealtyTrac’s U.S. Foreclosure Market Report. Keep reading to learn what else is happening in this sector of the industry.

 

CFPB updates compliance guides for small entity complianceOpen in a New Window

The Consumer Financial Protection Bureau updated a pair of guides intended to help smaller entities implement new mortgage disclosure forms and rules that take effect next summer. Read on to learn updates.

 

Reinsurance alliance with Lloyd’s of London adds memberOpen in a New Window

First National Title Insurance Company announced it has become the sixth member of the American Title Reinsurance Alliance. The group, an allegiance of regional title insurers working with Lloyd’s of London, was formed in 2012 and added FNTI in July.

 

Fidelity gives conference look at Q3Open in a New Window

Fidelity National Financial President Brent Bickett, Chief Financial Officer Tony Park and Senior Vice President and Treasurer Dan Murphy presented at the Keefe, Bruyette & Woods 2014 Insurance Conference Sept. 3. There they discussed the margins within the different segments of FNF along with the synergies between their newly acquired businesses.
Fidelity reports stable title business despite slow housing market

 

New Jersey man admits to mortgage fraud schemeOpen in a New Window

An Essex County, N.J., man admitted conspiring to defraud financial institutions as part of a $15 million mortgage fraud scheme that used phony documents and straw buyers to make illegal profits on overbuilt condos, U.S. Attorney Paul J. Fishman announced.

 

First American appoints new senior operations counselOpen in a New Window

First American Title Insurance Co. promoted a senior underwriter to senior operations counsel for the west region of the company’s direct division. Keep reading to learn more.

 

Stewart to expand national commercial businessOpen in a New Window

Stewart Title Commercial Services appointed a new business development officer, who will be responsible for expanding the company’s national commercial business. 

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Calendar

10/23/2014
Old Republic Title Fall Agent Seminar - Camp Hill - October 23, 2014

11/4/2014
PLTA Executive Committee Meeting

11/11/2014
2014 Agents & Abstracters Forum & Business Development Day

11/13/2014
Old Republic Title Fall Seminar - Pittsburgh - November 13, 2014