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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.
A Florida-based company that provides turn-key marketing solutions and websites for title agents and law firms across the country has launched a blogging service.
ReverseVision has integrated Premier Reverse Closings’ title services into its loan origination system.
The net share of Americans who believed October was a good time to buy or sell a home declined.
Following the release of its third quarter earnings report, Stewart Information Services Corp. announced it is reviewing alternatives which include a possible sale of the company or a merger. An analyst from Kroll Bond Rating Agency told The Title Report there was one combination that made the most sense for Stewart.
Old Republic National Title Insurance Co. has promoted a company veteran and brought him onto its executive leadership team. The newest member of the company’s executive leadership team joined Old Republic in 2010 and has served in various capacities, including overseeing the company’s operations in Texas, Oklahoma and New Mexico.
The owners of a Michigan title agency which experienced an $180,000 wire fraud breach in 2015 have developed a platform designed to prevent others involved in the real estate process from experiencing the same problem. The platform was introduced at the National Settlement Services Summit in San Antonio in June.
Rochford Law & Real Estate Title has hired a title processor to assist with various transactions.
TitleVest has hired a sales executive who will serve as a policy-issuing agent for all major underwriters.
A new integration will enable Qualia users to access eTitle’s services.
Nationwide Title Clearing has introduced a new document custody solution that includes research and mediation components. The solution retrieves missing documents wherever they’re located and assists with curing any assignment and endorsement exceptions.
A Chicago-area title agency has hired a former Chicago Title Insurance Co. executive to serve as a commercial underwriter.
Simplifile has added 31 recording jurisdictions throughout the country to its eRecording platform.
QuestSoft has integrated LoanScorecard’s automated underwriting and compliance solutions into its compliance software platform.
Thomas Title has recruited a former managing director at Greystar Real Estate Partners to serve as its chief operating officer and general counsel.
Ellie Mae’s latest Origination Insight Report found that the percentage of refinance loans increased in September as interest rates dropped to their lowest levels of 2017.
Realogy Holdings Corp.’s longtime Chairman and CEO Richard A. Smith is scheduled to retire at the end of the year.
Westcor Land Title Insurance Co. has hired a senior commercial examiner who has been in the industry since 1995.
Visionet Systems has added eClosing capabilities to its AtClose title, settlement and appraisal platform.
Closing costs vary greatly from city to city, with borrowers paying more than $12,000 in Washington, D.C. and less than $3,000 in several Indiana cities.
Labor shortages and delays caused by Hurricanes Harvey and Irma likely caused a decline in housing starts during September. First American Chief Economist Mark Fleming provided analysis of the report.
The real estate brokerage that includes the title and settlement company Title Forward has expanded its mortgage operation into Illinois. The company now offers loans in Illinois and Texas and expects to expand into Virginia by the end of the year.
LoanScorecard has recruited a former managing director at Hudson Advisors/Lone Star Funds.
As part of a restructuring of its Services business, the Radian Group Inc. has eliminated the position of president at its wholly owned subsidiary Clayton Holdings LLC and announced the pending departure of Jeff Tennyson.
A Michigan title agency with nearly 80 employees has expanded its executive leadership team with the addition of a chief operations officer, a controller and a human resource manager.
The American Land Title Association’s (ALTA) new president said that among the goals he has for the next year is encouraging the association’s members to embrace innovation and providing more cyberawareness information.
TitleTap’s new program allows customers to periodically upgrade their website with the company’s latest design templates.
Assurant Mortgage Solutions has hired a national sales director to focus on growing the company’s title and origination valuations product lines.
Pavaso will integrate the technology of a Texas law firm into its digital closing platform.
Citing a fifth consecutive year of favorable underwriting performance, A.M. Best is maintaining a stable outlook on the title insurance sector.
A former Ellie Mae chief operating officer has joined a digital lending platform company as its CEO. The company’s founder and chairman said the new CEO has a superior knowledge of the mortgage lending landscape and had helped countless lenders adopt technology to improve efficiency and compliance.
Real Estate Data Shield is set to launch an updated version of its compliance and information security solution. The newest version of the company’s web-based course addresses cyber fraud, wire fraud, identity theft, phishing emails, spoof emails, ransomware, social engineering attacks, etc.
Nationwide foreclosure activities declined significantly during the third quarter.
Berkshire Hathaway HomeServices Homesale Realty has named a regional vice president.
The housing stock in 34 percent of the country’s 100 largest metropolitan areas was overvalued as of August 2017.
A Dallas-based, full-service title company has expanded its executive team and opened two new offices. The company has hired a former Republic Title executive to oversee a new office in Dallas, and a former Stewart executive to lead a new operation in Plano, Texas.
A Midwestern title group has launched an informational website that it said will provide homeowners with straightforward information about the home buying process. The company’s president said the website will positively impact the closing process through information and support.
Neither higher mortgage rates nor summer temperatures deterred millennial homebuyers during August, according to a report from Ellie Mae.
Stewart Title Agency Services has hired an agency integration manager who has 23 years of experience managing integration processes in the industry.
ResWare’s integration of SmartCLOSE enables title agents to collaborate with lenders directly within ResWare.
MORE Lending’s latest implementation will enable the company to instantly distribute the guidelines and pricing for their non-agency loan programs to third-party originators.
As part of the realignment of its Agency Division, WFG National Title Insurance Co. has added a senior vice president and changed the responsibilities of many of its high-level executives.
Chairman and CEO Patrick Stone said the changes were needed because the company has outgrown its structure.
AmTrust Title Insurance Co. says it proprietary insurance protection plan is a ‘game-changer’ that will save its title agencies hundreds of thousands of dollars.
The company said the plan will be provided at a discount to qualifying agents and is generating interest throughout the title industry.
CATIC’s new office is assessable from the Mid-Cape Highway and overlooks historic Route 6A.
CATIC’s state manager said the location of the new office will allow its employees to easily reach all areas of Cape Cod. “We’re excited to have expanded,” the company’s state manager said.
Read on to learn where the new office is located.
An increasing share of renters thought September was a good time to buy a home. Read on for more details from Fannie Mae’s Home Purchase Sentiment Index.
PropLogix has added a new service designed to help title agents and real estate attorneys protect their clients and keep closings on track. Read on for more details.
Cleveland-based Sikora Law has hired a director-level attorney to handle disputes for its real estate clients. Read on to learn who the law firm selected.
During its ALTA One conference in Miami, Fla., ALTA released a values initiative the association said provides a ‘cultural compass’ for its members.
Following its acquisition by Incenter LLC, Agents National Title Insurance Co. (ANTIC) will have the capital and surplus it needs to accelerate its vision of creating a fully digital real estate process, ANTIC President and CEO David A. Townsend told The Title Report.
From title agents and closers to underwriters and vendors, hundreds of industry participants will gather in Florida his week at ALTA One. The Title Report will be on the scene in Miami bringing you news about the topics discussed and the industry leaders in attendance.