One of the best second quarters in the industry’s history produced a significantly decline in profits compared with last year, according to an analysis by the American Land Title Association.
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ATG said it has maintained the highest financial stability rating Demotech assigns to any regional title insurer in the United States for 24 consecutive years. Read on for more details.
Vantage Point Title has integrated Mortgage Cadence’s platform that automates processes and facilitates the exchange of documents and data, the companies said.
Read on for more details about the integration.
Westcor Land Title Insurance Co. has hired an agency representative in Michigan. Read on for more details.
The metropolitan areas that had the biggest price increases in August were Knoxville, Tenn.; Camden, N.J.; and Greenville, S.C. Read on for more details.
Texan Title Insurance Co. has added four vice presidents to its team, including two agency consultants and two agency coordinators. Read on for more details.
A California-based real estate technology company that has launched three related companies since April 2019 now has added an escrow agency, the company announced. Read on for more details.
Optimism among small-business owners decreased slightly during August, as fewer owners said they expect better business conditions and real sales volumes in the coming months, according to the National Federation of Independent Business’ Optimism Index.
Zillow Group has hired a president of its Zillow Home Loans who will oversee its mortgage portfolio, which includes Marketplace and Mortech.
Twenty-one states and the District of Columbia had monthly decreases in foreclosure activity in August. Read on for more details.
North American Title Co. has hired a sales executive for its San Diego region. Read on for more details.
Potential existing-home sales in August increased slightly in August, according to First American’s proprietary Potential Home Sales Model. Read on for more details.
Following the collapse of Fidelity National Financial, Inc.’s bid to acquire Stewart Information Services Corp., Fidelity is flush with cash, an estimated $750 million with which it can return to shareholders or use to pursue mergers and acquisitions. But what’s next for Stewart, which was paid $50 million by Fidelity as part of the deal’s breakup?
Analysts say Fidelity National Financial, Inc. (FNF) is in the enviable position of having tons of cash and many options after this month’s collapse of its deal to acquire Stewart Information Services Corp. Read on to learn what analysts predict for Fidelity.
Title Alliance, Ltd. has selected Phoenix for its regional headquarters in the western U.S., the company announced. Read on to learn where the office is located.
Legal 1031 Exchange Services, a division of Kensington Vanguard National Land Services, has named a general counsel. Read on for more details.
North American Title Co. has named a division manager for its southern Nevada region. Read on for more details.
Motto Mortgage has opened its first brick-and-mortar office in Kentucky. Read on for more details.
A title agency headquartered in Troy, Mich., has expanded its footprint with the opening of a new office in a historic building in downtown Detroit. Read on for more details from the company’s expansion.
The cost of data breaches is expected to will rise 11 percent annually through 2024, according to a new report from Juniper Research. Read on for more details from the report.
California-based mortgage lender loanDepot announced that it has opened a pair of retail locations in Hawaii. Read on for more details of the new Hawaii locations.
Agents National Title Insurance Co. has appointed a Southwest underwriting counsel. Read on for more details.
Simplifile has added 31 recording jurisdictions in 13 states throughout the Midwest, southwest and western U.S. to its eRecording network. Read on for more details.
Guaranteed Rate has hired a mortgage industry executive to oversee its retail marketing platform. Read on for more details.
The Ohio Land Title Association installed its new president, Chip Brigham, along with its board and handed out two major awards at its 2019 annual convention in Columbus. Read on for more details.
The Big Four will not become the Big Three, as Fidelity and Stewart announced Tuesday morning that they would abandon the acquisition deal which first was announced in March 2018. In the wake of the announcement, Stewart said board director Frederick Eppinger would take over as CEO.
On balance, reports from Federal Reserve Districts suggested that the economy expanded at a modest pace through the end of August. Read on for more details from the Fed’s latest Beige Book.
Closed Title has expanded its reach past Florida with the opening of a new office in Nashville, the company announced. Read on to learn where the new office is located.
Cornerstone Management Solutions has integrated Stewart Title Guaranty Co.’s policy jackets and closing protection letters into its SnapClose platform. Read on for more details.
Two cities in New York, along with a neighboring one in Connecticut, have the lowest risk of a housing downturn in the next recession, according to a report by Redfin. Read on for more details.
LenderClose announced it is moving into a larger space in West Des Moines, Iowa. Read on for more details.
Twelve days before the final deadline for Fidelity National Financial to close its acquisition of Stewart Information Services, the Federal Trade Commission announced it would look to block the deal.
A real estate broker offering iBuyer services announced that it has purchased a national title and escrow company that has been one of its partners for three years. The move will allow the company to integrate title, escrow and closing services into its online buying and selling experience, the company said.
A Texas-based company nearly 25 years old announced that it received authority this year to begin underwriting title insurance policies in the state. The president of the company said it has always believed that agents and consumers should have a Texas-based choice when choosing a title insurance underwriter.
Entrust Reconciliation Services, LLC and BankUnited, N.A. have announced a new partnership designed especially for the title and escrow industries. The agreement will expand opportunities for title agents, law firms, and settlement companies who use the banking capabilities of BankUnited.
North American Title Co. has named a new assistant vice president/division sales manager for its Sacramento region. She brings nearly 25 years of experience to her position.
CoreLogic released its latest Home Price Index report, showing that home prices continued their annual and month-over-month increases in July.
WEST, a Williston Financial Group company focused on improving the entire residential real estate and mortgage transaction, has appointed a new vice president to lead the marketing and communications strategies for WFG's Enterprise Solutions group.
Axis Technical Group recently shared a milestone, processing over 7.5 million complex real estate documents through its advanced AI solution Axis-AI, in under a month.
Strategic Funding Alternatives, LLC, a privately held commercial real estate investment firm, welcomes Julia Brines, a seasoned professional with more than 15 years’ experience in commercial banking and lending.
Churchill Mortgage announced its collaboration with Sackcloth & Ashes, a nonprofit organization that aims to donate 1 million blankets to homeless shelters by 2024 through its “Blanket the United States” campaign.
New Jersey-based Investment Title LLC has acquired a title agency in the Garden State that has been in business for more than four decades, the company announced. Terms of the deal were not disclosed.
An iBuyer that purchases homes directly from sellers has launched its own mortgage lending division in Texas and Arizona, with plans to expand elsewhere. Read on for more details.
An analyst who covers both Fidelity National Financial, Inc. and Stewart Information Services Corp. discussed chance of their merger proposal closing by the Sept. 18 deadline.
A report from Fitch Ratings said lower mortgage rates will stabilize the housing market after the sluggish past nine months and that momentum will continue through 2019. Read on for more details from the report.
Eight out of 10 small-business owners are worried about a possible recession, yet less than half have taken steps to prepare for one, according to a recently released survey.
The Judicial Sales Corp., a subsidiary of Attorneys’ Title Guaranty Fund, Inc., has named a new president and CEO. Read on for details.
Stewart Title Guaranty Co. has supplemented its underwriting team in Georgia. Read on for more details.
SoftPro has integrated Black Knight, Inc.’s digital closing solution into its platform, the companies announced. Read on for more.
Partially driven by increased revenue produced by mortgage and title services, Redfin Corp.’s second-quarter revenue jumped nearly 40 percent, according to the company’s latest earnings statement. Read on for more details about Redfin’s second-quarter performance.
The influential Business Roundtable has released a new Statement of Purpose in which its CEO members commit to lead their companies for the benefit of all stakeholders, including employees and the communities in which they operate.
Arkansas-based WACO Title has opened a new office in Missouri, the company announced. Read on to learn who will manage the title company’s new location.
Following the July passage of a law authorizing eRecording statewide in Rhode Island, Simplifile added the town of Westerly to its eRecording network. Read on for more details.
Mid America Mortgage, Inc. has promoted Michael Cooksey to executive managing director of production. Read on for more details.
Adeptive Software has integrated The Closing Exchange’s CXChoice into its ResWare platform. Read on for more details.
Old Republic National Title Insurance Co. recently acquired Utah-based Surety Title Agency, the company announced. Terms of the deal were not disclosed. Read on for more details.
A Fintech company that provides property data and intelligence to banks, credit unions, and mortgage companies has launched a platform for title search reports. Read on for more details.
Optimism among small-business owners increased in July as expectations for business conditions, real sales, and expansion made solid gains, according to the National Federation of Independent Business.
North American Title Insurance Co. has added a state agency manager for Ohio and Northeast Kentucky. Read on for more details.
Since its inception in 2007, Rynoh’s financial protection software has protected and monitored over ten million real estate and settlement closings worth more than $2.8 trillion. Read on for more details.
Gateway First Bank has appointed industry veteran Stephen Staid as its chief servicing officer. Read on for more details.
As the company nears the October retirement of its chairman and CEO, Old Republic International Corp. has announced several changes to its senior executive ranks. Read on for more details.
AM Best has affirmed the financial strength rating and the long-term issuer credit ratings for the member companies of Stewart Title Group. Read on for more details.
The California-based Pango Group has opened a new escrow company in Long Beach, the company announced. Read on to learn what Pango Group President Jeff Russell had to say about the new company.
The number of vacant homes and condos is down 22 percent since ATTOM Data Solutions’ last foreclosure vacancy report in 2016. Read on for more details.
Well-known industry consultant and National Settlement Services Summit (NS3) speaker Cindy McGovern has compiled many of her sales and inspiration tips in a soon-to-be-released book. Read on for more details.
Redfin said home sales in July fell for the second month in a row, as did the number of homes for sale. Read on for more details.
Gateway First Bank has selected Black Knight, Inc.’s Ernst Fee Service. Read on for more details.
A digital mortgage lender backed by Kleiner Perkins, Goldman Sachs, and Pinebrook has raised an additional $160 million through a Series C funding, the company announced. Read on to learn what other companies have invested in the mortgage disrupter.
AM Best has affirmed the financial strength rating and the long-term issuer credit ratings of Investors Title Co.’s subsidiaries Investors Title Insurance Co. and National Investors Title Insurance Co. Read on for more details.
Agents National Title Insurance Co. (ANTIC) has developed a full service production facility based in Winter Park, Fla., the company announced. Read on for more details.
Redfin said places that had large declines in new-home sale prices during the second quarter included San Jose, Calif., West Palm Beach, Fla., Honolulu, Miami, San Diego and Los Angeles. Read on for more details.
Calyx has integrated AccountChek by FormFree’s automated asset verification platform into its Zip point-of-sale solution. Read on for more details.
The holding company of an online brokerage with more than 20,000 agents plans to launch an affiliated services platform that will provide mortgages, title services and home warranties.
Maryland-based Passport Title Services, LLC has expanded its platform into the Sunshine State, the company announced. Read on to learn what Passport President and CEO John Cotter said about the company’s latest move.
AM Best has affirmed the financial strength rating (FSR) and the long-term issuer credit ratings (Long-Term ICR) for the members of the AmTrust Group.
The credit rating agency also has affirmed the FSR and Long-Term ICR of AmTrust Title Insurance Co.
Alliant National Title Insurance Co. has appointed a company controller. Read on for more details.
The states with the highest foreclosure rates in the first half of 2019 were New Jersey, Delaware, Maryland, Florida and Illinois. Read on for more details.
TrustLink Services has hired a national sales representative. Read on for more details.
The three recent additions to Title Alliance, Ltd.’s executive team created a C-Suite that is majority female, a rarity in both corporate America and the industry.
First American Financial Corp. has launched an online information resource that will feature the initiatives and people driving innovation within the company. Read on to learn what CEO Dennis Gilmore had to say about the initiative.
CIT Bank, N.A. has agreed to acquire Mutual of Omaha Bank for $1 billion, both companies announced. The transaction is expected to close in the first quarter of 2020.
RamQuest, Inc. has integrated ClosingLock’s secure portal for document sharing into its platform. Read on for more details.
The biggest increase in luxury home prices in the second quarter was in Paradise, Nev. Read on for more details.
NextDeal’s preDOCS and DigitalDocs technologies now are integrated with Closer’s Choice, Inc.’s digital network. Read on for more details.
Realogy Holdings Corp.’s Title Resource Group had a decline in revenues during this year’s second quarter, according to the company’s latest earnings statement. Read on for more details about TRG’s second-quarter performance.
Kroll Bond Rating Agency recently affirmed the insurance financial strength rating for Connecticut Attorneys Title Insurance Co.
Job creation by small business declined in July, falling to an average addition of 0.12 workers per firm, according to the monthly jobs report from the National Federation of Independent Business (NFIB).
WFG National Title Insurance Co. has appointed a senior business development officer for its New York City-based national commercial services division. Read on for more details.
The five states with the greatest year-over-year decreases in defect frequency in June were Arkansas, Florida, Vermont, Utah, and Arizona. Read on for more details.
Ellie Mae has expanded its Encompass platform with additional automation capabilities for home equity line of credit lending. Read on for more details.
Investors Title Co.’s second-quarter revenues increased slightly and its net income declined, according to the company’s latest earnings statement. Read on for more details about Investors Title’s second-quarter performance.
New Jersey-based GPST Holding, LLC has acquired Investment Title LLC from Kai Group Holdings, the companies announced. Terms of the deal were not disclosed.
Kai Group Holdings’ company AccuTitle has acquired a web-based software tailored for the New York title insurance industry. Read on for more details.
SLK Global Solutions has enhanced its property search solution for real estate title agents and underwriters. Read on for more details.
Freedom Mortgage Corp. has agreed to acquire J.G. Wentworth Home Lending. Read on for more details.
Zillow has added Nashville to the locations where homeowners can request a cash offer for their homes through Zillow Offers. Read on for more details.
The owner of an independent mortgage company in Chicago, which The Title Report reported Sunday was under investigation by the Consumer Financial Protection Bureau, has confirmed his company’s role in the investigation.
Old Republic International Corp.’s second-quarter title revenues were the most in the company’s history, according to the company’s latest earnings report. Read on for more details about Old Republic’s second-quarter performance.
The title division of Atlanta-based homebuilder Pulte Group, Inc. had a double-digit increase in revenues during the second quarter, according to the company’s latest earnings statement. Read on for more details about PGP Title’s second-quarter performance.