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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.


 

 

CFPB to supervise service providers, will ‘level the playing field’Open in a New Window

The Consumer Financial Protection Bureau recently quietly announced its plan to expand its direct supervision to service providers, which Director Richard Cordray considers a weak link when it comes to some compliance issues.

An attorney who specializes in industry-compliance issues told The Title Report that the increased scrutiny will benefit service providers that have invested in compliance systems and training.

Read on for more details.


 

Stewart acquires business partnerOpen in a New Window

Stewart Title has acquired a Utah title agency with offices in in Salt Lake City, Midvale, Orem and Spanish Fork.


The two companies have partnered since 1987 when the company joined Stewart’s network. The acquisition will enable Stewart to expand its direct operations in Utah and will provide new products and services for the title agency’s customers.


Read on for more details about the acquisition.


 

RamQuest executive assumes Old Republic roleOpen in a New Window

When searching for a senior executive to help implement its divisional growth strategies and business development processes, Old Republic didn’t have to look far.

It has selected a familiar industry name from a company it owns, someone who began his career in the title industry 25 years ago.


Read on for details of who Old Republic selected.


 

Fed plan could boost rates higherOpen in a New Window

In minutes from its last meeting, released this week, the Federal Reserve signaled the members of its Federal Open Market Committee were open to the idea of unwinding some of the $4.5 trillion in bonds that are on the Fed’s balance sheet, as a result of Treasury purchases after the Great Recession.

That move, coupled with an expected federal-funds rate increase in June, could push interest rates higher, faster, than expected. How could that affect the housing market? Fannie Mae Deputy Chief Economist Mark Palim will speak to that at the National Settlement Services Summit in San Antonio.

 


 

LendingQB integrates SimpleNexusOpen in a New Window

LendingQB has integrated SimpleNexus’ mobile lending application with its loan origination system.


Read on for more details.

 


 

Westcor names two vice presidentsOpen in a New Window

Westcor Land Title Insurance Co. has named a senior vice president to oversee its Southeast and Midwest operations and vice president to launch its Florida commercial operations.


Read on for more details.

 


 

Alliant National names digital strategistOpen in a New Window

Alliant National Title Insurance Co. has hired a digital strategist to help its independent agents market themselves.

Read on for more details.


 

Fidelity announces acquisitionOpen in a New Window

Fidelity National Financial (FNF) Chairman Bill Foley told analysts during an early May conference call that the company would continue to grow through strategic mergers and acquisitions.

That didn’t take long.

FNF announced late Monday that it would acquire one of the nation’s top real estate and property auction providers. Read on for details of the acquisition and reaction from Foley.

 

Voters favor restructuring CFPBOpen in a New Window

A recent poll that found voters believe the Consumer Financial Protection Bureau (CFPB) should be run by a bipartisan committee instead of a single director will likely provide more ammunition to the agency’s critics.

The CFPB has been under attack by Republicans who believe the agency’s structure is flawed and that Director Richard Corday should be fired.

Read on for more information.


 

Industry veteran launches title companyOpen in a New Window

An industry veteran has founded a female-owned title company that is based in Allentown, Pa., and will provide title settlement services for buyers, sellers, builders and developers across eastern Pennsylvania.


The company’s founder also started an abstract company in 1996 and has served as chief operating officer at Coldwell Banker.


Read on for more details about the launch of the new company.

 

 

CATIC hires vice presidentOpen in a New Window

CATIC has hired a former Stewart regional and senior counsel to manage the company’s Massachusetts underwriting department and service its agents throughout that state.


The company’s CEO said the new vice president’s experience in commercial and residential underwriting gained during nearly two decades in the title industry will benefit CATIC.


Read on for more details.

 

Qualia, FasTrax partnerOpen in a New Window

A new integration enables Qualia users to order release tracking directly from their title production system.


Read on for more details.

 

Coast Title hires contract administratorOpen in a New Window

Coast Title’s new contract administrator said she’s motivated by the smiles from people closing on homes.


Read on for more details.

 

 

NS3 Preview: Experienced lenders set to share insightsOpen in a New Window

Some of the most valued and experienced voices in the industry will be on stage at the National Settlement Services Summit in San Antonio, Texas, June 7-9.

 That is highlighted by a lender executive panel featuring the MBA chairman-elect, the former president of Ginnie Mae, and the CEO of WFG.

Read on for more details of the expert insight to be shared.

 

First American hosts ‘Women in Title’ forumOpen in a New Window

An Ohio-based First American Title Insurance Co. (FATIC) sales representative envisioned a forum featuring some of the top women in the title industry.


A little more than one year later, her dream was realized at FATIC’s Women in Title gathering, a two-day event in California that included women executives from some of the largest title companies in the country. 


Read on for more details.


 

Premier Title selects presidentOpen in a New Window

Premier Title and Escrow has replaced its long-time president, Lynne Kaneshiro, who will remain with the company in an advisory role until 2018.


Premier’s new president is a former vice president at Title Guaranty of Hawaii and also served in the state legislature on the staff of a state senator.


Read on for more details about the transition in leadership.


 

WFG names senior vice presidentOpen in a New Window

WFG National Title Insurance Co. has recruited a former vice president of a national title underwriter with more than 35 years’ experience in the settlement services industry to grow its agent base in Florida.

A company executive said the new hire goes above and beyond what agents expect from an underwriter and already is familiar with his team.

Read on for more details.


 

Black Knight integrates FormFreeOpen in a New Window

Black Knight Financial Services said an integration with FormFree will reduce the loan approval process by days.


Read on for more details.


 

Delinquency rates slowly decliningOpen in a New Window

CoreLogic’s Loan Performance Insights Report found the percentage of mortgages seriously delinquent during February reached its lowest level in nearly a decade.

Read on for more details.

 

Castle & Cooke expands Connecticut footprintOpen in a New Window

Independent mortgage lender Castle & Cooke has opened another branch in Connecticut and named an industry veteran to oversee it.


Read on for more details.


 

Stewart appoints group senior vice presidentOpen in a New Window

Stewart Information Services Corp. has selected the former CEO of Title365 to oversee its business operations and strategy for in its Western region.

A company executive said the new hire’s industry experience and proven track record of discipline and focus in completing real estate transactions make him a good fit for Stewart.

Read on for more details.


 

Pennsylvania title company changes nameOpen in a New Window

Do the words “title” and “insurance” accurately explain what title companies do?


A title company in Philadelphia says no, and has changed its name to more precisely reflect its role in the real estate process.


The company also announced a new technology that enables users to filter property by property type, zoning, size, value and more. Read on for more details.

 


 

First American adds board memberOpen in a New Window

First American Financial Corp. has appointed a former partner and managing director of the global management consulting firm The Boston Consulting Group to its board of directors.

 FAF Chairman Parker S. Kennedy said the new board member’s understanding of the complexities of large businesses and his grasp of customer needs will make him an important contributor.

Read on for more details.


 

NS3 Preview: The value of policies, proceduresOpen in a New Window

Richard Horn, founding attorney at Richard Horn Legal, PLLC, will lead a panel discussion about compliance management system policies and procedures, featuring industry insight from Title Source Chief Operating Officer Brian Hughes and Wells Fargo Home Lending Senior Vice President Brian Webster during the 2017 National Settlement Services Summit (NS3) in San Antonio.

Read on to learn more about the session and the summit.


 

Foreclosure actions decreasingOpen in a New Window

According to ATTOM Data Solutions, foreclosure-related activities in the U.S. in April dropped to their lowest since November 2005.


Read on for more details.


 

North Carolina completes first eClosingOpen in a New Window

In an attempt to give its lenders a competitive edge, North Carolina has taken several steps to modernize the mortgage process.


Read on for more details.


 

Home inventory continues to declineOpen in a New Window

Low interest rates and a shortage of new homes drove down inventory in April, but a valuation officer with Summit Valuations expects the market to adjust.

Read on for more details.


 

OS National opens Las Vegas officeOpen in a New Window

OS National (OSN) expanded its national footprint with the opening of an office in Las Vegas. The company also hired a former Stewart division president to lead its Nevada operations.


 In addition to Las Vegas, OSN has offices in Atlanta, Houston, Dallas/Fort Worth and Phoenix.


Read on to learn who OSN selected to spearhead its charge into Nevada.

 


 

IRS OKs Black Knight distributionOpen in a New Window

Last year, Fidelity National Financial announced plans to relinquish control of Black Knight Financial Services, which it had spun off as an independent company one year earlier.


A part of that plan included distributing billions of dollars of Black Knight shares to FNF shareholders tax-free.


Read on for details on why a recent government ruling is expected to benefit both companies.


 

Altisource expands vendor oversight platformOpen in a New Window

Initially available only to Lenders One members, Altisource Portfolio Solutions’ has made its vendor oversight platform available to the broader mortgage and community bankers market.


The company also announced its collaboration with Security Insight to develop a platform that produces a transaction-based tool with risk data on each transaction prior to a closing.


Read on for more details.


 

DocuSign offers tips after database breachedOpen in a New Window

Although hackers temporarily breached one of DocuSign’s databases, customer names, physical addresses, passwords, Social Security numbers and credit card data were not accessed.


As a service to our readers, we’ve opened the story to everyone. Read on to learn what preventative steps DocuSign is urging customers to take.

 


 

NS3 Preview: A new phase of cybertheft?Open in a New Window

We know technology is constantly evolving and that cybertheft continues to evolve with it, but are we seeing a major shift in the way cyberthieves carry out their business?

Tom Cronkright, owner and CEO of Sun Title, has definitely noticed a shift and will share his insights at a session at the upcoming National Settlement Services Summit.

Read on for more details.


 

ePN adds 12 jurisdictionsOpen in a New Window

eRecording Partners Network has grown its eRecording network, with additions in Connecticut, Georgia, Louisiana, Minnesota, Missouri, New York, North Carolina, Ohio, Oregon and Wisconsin.

Read on for more details.


 

DocMagic, BeSmartee integrateOpen in a New Window

A new integration between DocMagic and BeSmartee will reduce the time from initiating a loan application to receiving disclosures.


Read on for more details.

 


 

Alterra adds senior vice presidentOpen in a New Window

The new hire will be responsible for recruiting mortgage professionals and leading the company’s expansion efforts.


Read on for more details.


 

Georgia, Texas title companies mergeOpen in a New Window

A Georgia and a Texas title company have combined to create a privately owned, national title company licensed to conduct business in 48 states.


The combined operation will be called Elevated Title, has 50 employees and will be headquartered in Georgia.


Read on for details of who will assume which leadership roles in the new entity, along with reaction from company leaders.


 

Title Resource Group posts revenues gainOpen in a New Window

Title Resource Group’s revenues increased during the first quarter, despite a sharp decline in refinances.

 The chairman of TRG’s parent company said low home inventories are slowing home sales in some areas because homeowners are reluctant to sell because they might have trouble finding their next home.

Still, TRG recorded an increase in overall first-quarter transactions from a year ago. Read on to find out how big the increase was and for other details of the company’s first-quarter performance


 

Fidelity adds board memberOpen in a New Window

Fidelity National Financial (FNF) increased the size of its board to 13.

Then, it filled that additional seat with a well-respected Wall Street veteran who has advised Congress and President Barack Obama.

Read on to learn the background of the newest member of FNF’s board of directors.

 


 

NS3 Preview: Blockchain brings security, efficiency, speedOpen in a New Window

Businesspeople not only want things done quickly, but efficiently and securely.

 

At the 2017 National Settlement Services Summit in San Antonio, Texas, June 7-9, one industry leader will introduce and explain new technology that may revolutionize the real estate industry.

 

Read on for a brief summary of what you’ll hear in San Antonio.


 

Stewart adds sales managerOpen in a New Window

Stewart Information Services Corp. has hired a sales manager for its Houston division who has extensive experience in that market.


Read on for more details.


 

ValuAmerica expands LendingQB integrationOpen in a New Window

LendingQB users now have access to ValuAmerica’s title services.


Read on for more details.


 

Accurate Group adds two vice presidentsOpen in a New Window

Accurate Group has switched the role of one executive and hired an industry veteran to booster its sales team.


Read on for more details.

 


 

Fidelity chairman outlines game planOpen in a New Window

How will Fidelity National Financial continue the momentum that produced the company’s most profitable year, followed by its best first quarter since 2013?


Chairman William Foley detailed the company’s game plan, which includes strategic acquisitions and levering the company’s real estate and software holdings.


Read on for more details on what kind of companies Fidelity is looking into as potential acquisition targets.

 

The Collingwood Group soldOpen in a New Window

The Washington, D.C.-based financial advisory firm started by a former head of Ginnie Mae and a former Federal Housing Authority commissioner was purchased by a global business and technology solutions provider.


The company that acquired Collingwood said the purchase adds regulatory policy experience and insight across the residential housing and multifamily finance industry.


Read on for more details.

 

NS3 Preview: GSE reform as told by former regulatorOpen in a New Window

Having worked in the mortgage industry as a government regulator and an executive in the private sector, WL Ross & Co. LLC Vice Chairman James Lockhart will bring to the stage a viewpoint that is about as well-rounded as one could hope for during his keynote address at the National Settlement Services Summit in San Antonio.


 

First-quarter home sellers rewardedOpen in a New Window

Homeowners who sold during the first quarter of 2017 realized the highest average price gains in nearly 10 years.

Read on for more details.


 

Housing-market optimism grew in AprilOpen in a New Window

Americans grew more optimistic about the housing market in April, according to an index by Fannie Mae.


Read on for more insights from the index.


 

Pockets of underwater homes persistOpen in a New Window

Across the country, there are fewer underwater homes than one year ago. However, the problem is getting worse in some cities.

Read on for more details


 

Fidelity posts best first quarter since 2013Open in a New Window

Fidelity National Financial, Inc.’s (FNF) title operations had it best first quarter in five years, producing its largest first-quarter revenue in the company’s history.

Going forward, Chairman William Foley said he expects a seasonal acceleration in title premiums to help the company maintain its momentum.

Read on for details of FNF’s first-quarter performance.

 

Closing times shortest since 2015Open in a New Window

According to Ellie Mae’s latest Origination Insight Report, the length of the mortgage lending process during March declined to its shortest duration since early 2015.

Ellie Mae President and CEO Jonathan Corr told The Title Report that technology plus a stronger purchase market should continue to drive down time to close.

Read on for the details of the report.


 

ReQuire expands its portfolioOpen in a New Window

In the past year, ReQuire Holdings has added four companies to its portfolio.


Its latest acquisition is a Pittsburgh-based valuation risk management company. The CEO of the acquired company said the purchase is a good fit because the companies are complementary and have few redundancies.


Read on for more details.


 

RedVision hires vice presidentOpen in a New Window

RedVision has hired a former Westcor executive to manage its national and regional operations.

Read on for more details.


 

ATTOM expands Auction.com partnershipOpen in a New Window

ATTOM Data Solutions’ Home Disclosure Reports on nearly 120 million properties now are available to Auction.com users.

Read on for more details.

 


 

AmTrust adds title readerOpen in a New Window

AmTrust Title Insurance Co. has hired a title reader who has worked at agencies in New York, Illinois and California.

Read on for more details.

 


 

Stewart COO departsOpen in a New Window

Less than six months after he was hired, Stewart Information Services Corp.’s Chief Operating Officer Timothy Okrie has left the company and a search is underway for his replacement.


Okrie’s departure was announced in a filing with the Securities and Exchange Commission. An industry veteran with more than 30 years of experience developing and executing professional services, industry alignment, market strategies and business operating models, Okrie was a senior partner within the Advisory Services practice at Deloitte prior to joining Stewart.


Read on for more about Okrie and his time at Stewart.


 

FAF posts strong first-quarter resultsOpen in a New Window

Coming off a year that saw impressive increases in revenues and profits, First American Financial Corp. continued that momentum into 2017 with first-quarter results that beat analyst expectations.

Both revenues and net income rose despite a decline in orders. CEO Dennis J. Gilmore said a stronger purchase market should bode well for the company this year.


 

Ellie Mae integrates Wells FargoOpen in a New Window

Ellie Mae has integrated Wells Fargo’s Funding Loan Submission Summary (LSS) with Encompass, its mortgage management system, the companies announced.  

Encompass users now can send batch closed loan data directly to Wells Fargo Funding, eliminating the need to submit the LSS form to the bank.

Read on for more details


 

Forecast: Homes sales down slightly in AprilOpen in a New Window

Ten-X is forecasting that April’s housing market will end with a slight decrease in existing homes sales and a small increase in median home prices.

Read on for more details.


 

Westcor hires agency representativeOpen in a New Window

Westcor Land Title Insurance Co.’s new hire will focus her efforts on growing the company’s business in Ohio and western Pennsylvania.

Read on for more details.


 

Home prices continue to increaseOpen in a New Window

Tight inventories and attractive mortgage rates are pushing home prices upward throughout the country.

Read on for more details.

 

New York targets ‘unscrupulous’ title practicesOpen in a New Window

As New York attorney general, Andrew M. Cuomo unsuccessfully went after title agencies that performed settlement services, arguing that the exercise amounted to the unauthorized practice of law.


 As governor, he’s now taking aim at inducements some title agencies use to lure business from attorneys and real estate professionals. The governor said these costs ultimately are passed along to unsuspecting consumers.


 

Another dominant quarter for Old RepublicOpen in a New Window

Last year might have been the best yet for Old Republic’s title insurance division, but the results from the first quarter of 2017 show that business has not yet slowed down.


Old Republic issued its quarterly financial report, but did not host a conference call with analysts to discuss results, the first time in at least a decade it chose not to do so.


So for all the insight from Old Republic’s stellar first quarter, read on for details.


 

Bank buys two Florida title companiesOpen in a New Window

A national online platform for small-business lending recently completed its acquisition of two title companies in Florida with which it previously did business.

The bank’s CEO said the purchase will allow it to provide best-in-class service to small businesses across the U.S.

Read on for more details.


 

And our Voice of the Title Agent contest winners are …Open in a New Window

This year, for the first time, The Title Report and October Research, LLC, gave away a free registration to this year’s National Settlement Services Summit (NS3), along with three subscriptions to The Title Report, to lucky participants in our seventh consecutive Voice of the Title Agent survey. Read on to find out who will be at NS3 in San Antonio, Texas!


 

Simplifile hires settlement account managerOpen in a New Window

Simplifile added a new national settlement account manager who previously worked for First American Professional Real Estate Services.

Read on for more details.


 

Loan defects on the riseOpen in a New Window

According to First American Financial Corp., defects, fraud and misrepresentation in mortgage loan applications increased during March.

Read on for more details.


 

NAHB: Trump’s lumber tariffs will hurt housing marketOpen in a New Window

This week, President Donald Trump imposed tariffs against lumber imported from Canada.


The administration believes the tariffs will help level the playing field for domestic lumber producers.


The National Association of Home Builders, however, fears the taxes will cost jobs and make homes less affordable. Read on for more details.


 

ATG announces board appointmentsOpen in a New Window

In addition to reappointments to its board of directors, Chicago-based Attorneys’ Title Guaranty Fund also has appointed a chair and board director for its subsidiary, ATG Trust Company.


The appointees include the immediate past president of the Chicago Bar Association and one of the company’s top-issuing member agents for many years.


Read on for more details.


 

RESE partners with QualiaOpen in a New Window

Real Estate Settlements & Escrow, LLC has deployed Qualia’s cloud-based title and closing software, both companies announced. 


RESE’s CEO said its switch to Qualia will help the company reduce turn-times, increase efficiency, and provide a phenomenal customer experience.


Read on for more details.


 

NS3 Preview: Effective marketing strategies, and moreOpen in a New Window

Every business needs a good marketing strategy to survive.

Attendees at the National Settlement Services Summit (NS3) in San Antonio, Texas, will learn from two title experts about ways to stay on top of the trends, including at least 10 marketing ideas. The session is one of a number of business-building educational seminars slated for NS3 this year.

Read on for more.


 

Mortgage delinquencies drop to 11-year lowOpen in a New Window

During March, the number of mortgages in foreclosure declined by 326,000.

Read on for more details.


 

AmTrust expands New York teamOpen in a New Window

The two new members of AmTrust Title Insurance Co.’s team will focus on expanding the company’s business in New York.


Read on for more details.


 

LenderLive adds two vice presidentsOpen in a New Window

The new hires bring experience from First American and Kensington Vanguard.


Read on for more details.


 

Stewart beats first-quarter expectationsOpen in a New Window

Driven partially by $10 million in additional title revenues, Stewart Information Services Corp. beat analyst expectations and reported a modest increase in revenues for the first quarter.

Among the other strong signs – Stewart reported fewer opened orders and fewer closed orders  than a year earlier yet still found profitable margins.

Stewart CEO Matthew W. Morris said increased home purchases by millennials and higher home prices in coming months may offset declining refinance volume
due to rising interest rates.

Read on for more details.


 

Kensington Vanguard expands Florida footprintOpen in a New Window

Kensington Vanguard National Land Services has expanded its South Florida presence with the opening of a new office in Palm Beach County, the company announced.

The new office is in Boca Raton and will be managed by an industry veteran. The company already has offices in Miami, New York, New Jersey, Virginia, Texas and Colorado.

“We’re excited to have a presence in the hot Boca market,” co-CEO Brian Cooper said.

Read on for more details.


 

Optimism among small-business owners surgingOpen in a New Window

Small-business owners are as optimistic about the country’s business environment as they have been since before the Great Recession, according to at least one index gauging their attitudes.

However, one advocacy group said that optimism is likely to wane if Congress doesn’t take action on health care and tax reform.

Meanwhile, a quarterly small-business survey conducted by Wells Fargo and Gallup found that small-business owners’ attitudes about revenues, cash flow and access to credit all improved. 

Read on for more details.


 

NS3 Preview: Lenders welcome agents to eWorldOpen in a New Window

For years, the Consumer Financial Protection Bureau has urged the adoption of eMortgages and eClosings as a way to make the mortgage process more understandable, more transparent and more efficient for consumers.

At the National Settlement Services Summit in San Antonio, Texas, three lenders will take the stage to tell attendees about the eWorld they live in, and how title agents can work with their lenders to succeed in it.

 

Home prices rose in FebruaryOpen in a New Window

Home prices across the U.S. have risen for 58 consecutive months and hit a new, post-crisis high in February.


Read on for more details.


 

Texas Capital Bank implements DocMagic’s eCloseOpen in a New Window

Texas Capital Bank now can speed its closing process by accepting and funding eNotes from its lender customers.


Read on for more details.


 

RamQuest integrates with CertSimpleOpen in a New Window

RamQuest users now have access to CertSimple’s property tax certification in all 254 Texas counties.

Read on for more details.


 

AmTrust continues aggressive expansionOpen in a New Window

AmTrust Title Insurance Co. has hired two former Fidelity executives to guide its expansion into the Caribbean and Latin America and to develop its Southeast base.

The move comes the same month the New York-based company announced it had hired two former Stewart executives to establish offices in Austin, Dallas and Houston.

Read on for more details about the company's latest move to increase business in the Southeast.


 

Beige Book: Low inventories slow home salesOpen in a New Window

The Federal Reserve’s April Beige Book found that home sales across the country slowed due to low inventories.

The Federal Reserve also reported that overall economic activity continued to expand at a modest to moderate pace nationwide and i
nflation remained in check, even as companies in some areas had more difficulty finding skilled workers.

Read on for more details.

 

North American opens new office in MinnesotaOpen in a New Window

North American Title Co. (NAT) has expanded into an area which had an 8.5 percent increase in home sales and a 7.7 percent jump in median sales prices last year.

NAT also has hired a closer and a closing assistant for the new office.

Read on for more details.
.


 

Movement Mortgage issues 2017 projectionsOpen in a New Window

Despite an anticipated downturn in home sales nationwide this year, Movement Mortgage is projecting a 25 percent year-over-year increase in residential mortgages.

Read on for more details.


 

Accenture buys BeesPath’s ClosingBridgeOpen in a New Window

Accenture purchased BeesPath’s ClosingBridge platform to enhance its Mortgage Cadence loan origination technology suite, the company announced.

The company also has hired the former president of BeesPath to speed the integration of ClosingBridge with Mortgage Cadence and to oversee product advancement.

Read on for more details.

 

Global engineering firm buys Bock & ClarkOpen in a New Window

The global engineering and consulting firm NV5 has acquired Bock & Clark (B&C).

With has eight offices and annual sales revenues of $39 million, B&C is the largest company providing ALTA surveys in the U.S. Leaders from both companies cite synergies between the firms that will benefit both.

Read on for more details.


 

OS National opens Houston officeOpen in a New Window

Although OS National LLC already has an office in Dallas/Fort Worth, the company said its new Houston office will become its hallmark Texas location.

“We are pleased to welcome clients and partners to the opening of our Galleria Houston location for retail business,” OS National Managing Partner Jamie Wunder said in a press release.

In addition to the Texas locations, OSN has offices in Atlanta, Phoenix and Las Vegas.

Read on for more details.


 

Freddie Mac:Tight inventories may slow spring marketOpen in a New Window

Freddie Mac’s latest housing outlook predicts home sales will decrease in 2017.

Read on for more details.

 

SoftPro, APG partnerOpen in a New Window

SoftPro has integrated its business exchange platform with American Property Guard (APG), the companies announced.

SoftPro 360 users now can order property tax certificates, county assessor data, tax maps and HOA contract information from APG directly from within SoftPro.

Read on for more details.

 

First International hires branch managerOpen in a New Window

The new hire has more than 20 years of closing and managerial experience with both law firms and national title underwriters.

Read on for more details.

 

Cybersecurity expert launches new companyOpen in a New Window

Cybersecurity is a big concern for small businesses.  An industry expert has started a company that provides security-related services and consulting especially designed for title and settlement service providers as well as financial services firms.

The security services offered by the new company can be tailored to small operations or large agencies.

Read on for more details.


 

Study: Small business more efficient at hiringOpen in a New Window

If you own a small business such as a title or settlement company, you know that hiring employees can be time consuming and costly.

A new report from Lever indicates small and mid-sized businesses are more efficient at the hiring process than large companies. Even so, small businesses usually go through 86 job candidates before selecting one.

Read
on for more details.


 

Westcor agents gain optionsOpen in a New Window

Westcor Land Title Insurance Co. has integrated E-Closing’s cloud-based title production software, the companies announced.

The integration will allow Westcor agents to generate closing protection letters and policy jackets directly from the E-Closing production system.

Read on for more details.


 

Foreclosures decline during first quarterOpen in a New Window

An analysis by ATTOM Data Solutions found foreclosure activity decreased in 102 of 216 markets across the country.

Read on for more details.

 

ePN, Closers’ Choice partnerOpen in a New Window

The integration will enable Closers’ Choice users to eRecord within the company’s services gateway.

Read on for more details.


 

Mortgage delinquencies down in JanuaryOpen in a New Window

The percentage of mortgages at least 30 days delinquent dropped slightly during January 2017, according to a report by CoreLogic.

Read on for more details.

 

Stewart poised to grow independent agency networkOpen in a New Window

Earlier this year, Stewart announced ambitious plans to expand its network of independent title agencies by between 20 percent and 25 percent.

Adding independent agencies is part of Stewart’s growth strategy. Thus far, more than 200 independent agencies have joined Stewart’s network this year.

Stewart Agency Services President Pat Beall updated The Title Report on the results of the company’s recruitment efforts and described what makes an agency a good fit for the underwriter.

Read on for more details about the underwriter's strategy.

 

Federal hiring freeze liftedOpen in a New Window

President Donald Trump has lifted the federal hiring freeze that had been in place since late January.

In its place, government agencies have been instructed to provide the president’s administration with plans to reduce waste and spending within their departments.

Read on for more details.

 

Westcor integrates QualiaOpen in a New Window

The integration will enable title companies and law firms to issue Westcor policies, generate closing protection letters and calculate rates within Qualia’s platform.

Westcor’s COO said the integration is yet another step in the company’s effort to support title agent partners.

Read on for more details.

 


 

NextAce adds vice presidentOpen in a New Window

NextAce’s newly hired vice president of sales and account management was formerly an executive with a real estate data company.

Read on for more details.


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