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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.


 

 

National staffing firm expands into title and escrowOpen in a New Window

A national staffing firm based in Pittsburgh is expanding its services into the title, escrow and mortgage industries. Read on to learn more details about the principals involved with the company.

 

PropLogix getting new digsOpen in a New Window

PropLogix in February will move into a new facility in Sarasota, Fla., for which the company spent $10.5 million. Read on for more details.

 

LenderClose adds operations specialists, software engineerOpen in a New Window

LenderClose has expanded its team with the addition of two operations specialists and a software engineer. Read on for more details.

 

Caliber Home Loans hires executive vice presidentOpen in a New Window

Texas-based Caliber Home Loans, Inc. has hired an executive vice president, third party originations. Read on for more details.

 

Financial services platform rebrandsOpen in a New Window

A New York-based financial services platform which provides title services through Wimba Title has rebranded. Read on for learn what the company’s co-founder and CEO said about the change.

 

Passport Title travels into Bluegrass StateOpen in a New Window

Maryland-based Passport Title Services has expanded into Kentucky, escalating its footprint to seven states and the District of Columbia. Read on for more details.

 

AmTrust adds executive to its commercial divisionOpen in a New Window

AmTrust Title Insurance has hired the former CEO of Team Bebon and its staff to join its Commercial Real Estate division. Read on for more details.

 

NTC adds COO to its boardOpen in a New Window

Nationwide Title Clearing, Inc. has appointed its chief operations officer to its board of directors. Read on for more details.

 

Docutech, MortgageFlex integrateOpen in a New Window

MortgageFlex Systems has integrated Docutech’s print fulfillment technology into its loan origination system. Read on for more details.

 

SimpleNexus fills senior leadership positionsOpen in a New Window

Utah-based SimpleNexus recently filled several senior-level positions, including chief sales officer and a vice president of people operations. Read on for more details.

 

ATG joins reinsurance allianceOpen in a New Window

Chicago-based Attorneys’ Title Guaranty Fund, Inc. has joined the American Title Reinsurance Alliance (ATRA), becoming the 10th member to insure transactions up to $500 million with the backing of the top title reinsurance syndicates in London. Read on for more details.

 

MBL, CPEC 1031 partner to offer exchange servicesOpen in a New Window

Dallas-based MBL Title has partnered with CPEC1031 to offer exchange services to real estate clients. Read on for more details of the new services MBL Title can offer thanks to the partnership.

 

Small-business employment levels flat in DecemberOpen in a New Window

Small businesses produced record-high sales during December, but employment levels were flat, according to the CBIZ Small Business Employment Index. Read on to learn which regions of the country performed the best during December.

 

Cities at top end of home prices growOpen in a New Window

The number of cities where typical home values are at least $1 million has grown 51 percent over the last five years, but the pace of growth has slowed in the past year, according to an analysis by Zillow.

 

loanDepot expands footprint with first Utah locationOpen in a New Window

For the first time, loanDepot is taking its talents to Utah, announcing the opening of its first Utah location.

 

Delinquencies at lowest level in two decadesOpen in a New Window

The latest Loan Performance Insights Report from CoreLogic shows the overall delinquency rate at their lowest mark in at least 20 years.

 

Matthew Morris resigns as Stewart presidentOpen in a New Window

The last executive of the Morris and Stewart families that founded and ran Stewart Title since its inception in 1893 has announced his departure. Matthew Morris, the president of Stewart Title and former CEO, announced his departure from the company, effective immediately.

 

Notarize, Stewart partner on hybrid, fully online closingsOpen in a New Window

Notarize and Stewart Title announced a new partnerships which will give Stewart’s direct offices and independent agents the ability to offer fully online and hybrid closings powered by Notarize.

 

Qualia launches cloud-based enterprise platformOpen in a New Window

Qualia has launched a cloud-based real estate platform designed for large and growing title and escrow operations, the company announced. Read on for more details.

 

Clear Title Agency of Arizona committed to community revitalizationOpen in a New Window

Clear Title Agency of Arizona has launched into 2020 by making a significant investment in the Central City South Neighborhood Revitalization initiative with Habitat for Humanity of Central Arizona.

 

Owning more affordable than renting in most countiesOpen in a New Window

Owning a median-priced, three-bedroom home is more affordable than renting a three-bedroom property in more than half of all U.S. counties. Read on for more details.

 

Docutech platform surpasses 38,000 digital closesOpen in a New Window

Since its launch in 2017, lenders have used Docutech’s Solex eClosing platform to digitally close more than 38,000 loans. Read on for more details.

 

Nations Lending hires division sales managerOpen in a New Window

Nations Lending has hired a division sales manager. Read on for more details.

 

Closing the gap on eMortgagesOpen in a New Window

A recent report from Fitch Ratings cast doubt on the widespread adoption of eMortgages and eClosings in the short term. But one company is hoping its new product offering can help speed that transition, with a focus on helping settlement agents along the way.

 

Xome gets new CEOOpen in a New Window

Mr. Cooper Group Inc. has appointed a CEO for its real estate services subsidiary Xome Holdings LLC, the company announced. Read on for more details.

 

Wyndham Capital Mortgage announces president, COOOpen in a New Window

Wyndham Capital Mortgage has promoted Ben Cowen to president and Josh Hankins to chief operating officer. Read on for more details.

 

Landtrust National Title expands teamOpen in a New Window

Landtrust National Title Services Corp. has added three industry veterans to its commercial title insurance team. Read on for more details.

 

CATIC launches new websiteOpen in a New Window

CATIC recently launched a new website designed to enable better navigation and provide agents with a more consistent workflow. Read on for more details.

 

Elegran names director of salesOpen in a New Window

A technology-driven real estate brokerage In New York has named a director of sales, promoted another team member, and added new agents. Read on for more details.

 

States Title receives another patentOpen in a New Window

States Title Holding, Inc. has received yet another patent which it says will help the company disrupt the title insurance industry. Read on to learn how the company’s chief data scientist developed this latest invention.

 

The Closing Agent performs Florida RONOpen in a New Window

Just hours after a state law regulating remote online notarization (RON) took effect, The Closing Agent, LLC performed what it called Florida’s first RON closing. Read on for more details about the RON closing.

 

AI assistant added to ResWareOpen in a New Window

Adeptive Software has partnered with Alanna.ai to add an artificial intelligence-based (AI) customer assistant to its ResWare platform. Read on to learn more.

 

Knight Barry names regional managerOpen in a New Window

Knight Barry Title Group has named a regional manager. Read on for more details.

 

Calyx releases new version of its LOSOpen in a New Window

Calyx has released a new version of its cloud-based Path loan origination system. Read on for more details.

 

Cherry Creek Mortgage appoints executive vice presidentOpen in a New Window

Colorado-based Cherry Creek Mortgage Co. has appointed an executive vice president, capital markets. Read on for more details.

 

iBuyer raises $36 million, rebrandsOpen in a New Window

An iBuyer that provides services in Colorado, Georgia and Texas and also operates its own title and escrow company in Texas has rebranded. Read on for more details.

 

Kensington acquires commercial title agencyOpen in a New Window

Kensington Vanguard National Land Services has acquired a national commercial title insurance agency with offices in Virginia, Arizona, Texas and Missouri. Read on for more details about the acquisition.

 

Agents National names COOOpen in a New Window

Agents National Title Insurance Co. (ANTIC) has named a former First American executive as its chief operating officer, the company announced. Read on to learn more.

 

SoftPro, ZOCCAM integrateOpen in a New Window

SoftPro has integrated ZOCCAM’s solution into its business exchange platform. Read on for more details.

 

CrossCountry Mortgage hires senior vice presidentOpen in a New Window

CrossCountry Mortgage has hired a senior vice president of mortgage lending. Read on for more details.

 

Vitech hires vice presidentOpen in a New Window

Vitech has hired a vice president of strategic marketing and industry relations. Read on for more details.

 

ClosingCorp acquires WEST’s order management solutionOpen in a New Window

ClosingCorp has acquired an order management system from WEST, which both companies said is the first loan-centric ordering technology available. Terms of ClosingCorp’s acquisition were not disclosed. Read on for more details about the acquisition.

 

Stewart beefs up Massachusetts teamOpen in a New Window

Stewart Title’s Agency Services in Massachusetts has increased its team with the addition of two underwriting counsels and two senior agency service representatives, the company announced.

 

Knight Barry continues expansion into FloridaOpen in a New Window

Knight Barry Title is continuing its expansion into Florida with the addition of a fifth office in the Sunshine State, the company announced. Read on to learn which title industry professionals will staff Knight Barry’s latest Florida office.

 

TitleOne announces staff additionsOpen in a New Window

Boise, Idaho-based TitleOne recently announced several staff additions and a promotion. Read on for more details.

 

NotaryCam applauds Florida RON legislationOpen in a New Window

NotaryCam is applauding Florida’s newly enacted legislation authorizing remote online notarizations and specifying requirements and standards for such transactions. Read on for more details.

 

National MI names chief sales officerOpen in a New Window

National Mortgage Insurance Corp. has named a chief sales officer. Read on for more details.

 

First American acquires Arizona agencyOpen in a New Window

First American Financial Corp. has fully acquired an Arizona title agency with 17 offices throughout that state, the company announced. Read on for more details about the acquisition.

 

Real estate platform attracts $40 million in fundingOpen in a New Window

A real estate platform that offers mortgage, insurance and escrow servicing businesses has secured $40 million in a Series C1 funding, the company announced. Read on for more details.

 

Futura Title adds two Washington agenciesOpen in a New Window

The parent company of AmeriTitle, Inc. (Bend, Ore.) and Alliance Title & Escrow Corp. (Boise, Idaho) has added two Washington title agencies to its holdings, the company announced.

 

Pavaso facilitating RON eClosings in Florida, IdahoOpen in a New Window

Starting this month, state-commissioned remote electronic notaries in Florida and Idaho can select the Pavaso platform to complete remote online eClosings. Read on for more details.

 

International Realty appoints CEOOpen in a New Window

Premier Sotheby’s International Realty has appointed a CEO. Read on for more details.

 

Griffin Funding enters Florida marketOpen in a New Window

San Diego-based mortgage company Griffin Funding is expanding its services to Florida. Read on for more details.

 

Housing construction an expected catalyst for GDP growthOpen in a New Window

Fannie Mae’s chief economist is forecasting growth in the country’s gross domestic product in 2020 fueled by labor market strength and consumer spending, with housing construction potentially becoming an engine of overall economic growth.

 

Sagent Lending acquires ISGNOpen in a New Window

Mortgage servicing technology provider Sagent Lending Technologies has expanded its loan servicing solutions with the acquisition of ISGN Corp. Terms of the acquisition were not disclosed.

 

TitleSmart relocates officeOpen in a New Window

Minnesota title insurance company TitleSmart, Inc. recently moved its Apple Valley location to a new space, the company announced. Read on for more details about the new office.

 

Median home price increased in NovemberOpen in a New Window

Redfin said the increase in home-sale prices in November was the largest since July 2018. Read on for more details.

 

NotaryCam approved as Michigan providerOpen in a New Window

NotaryCam has been approved by Michigan to provide both eNotary and remote online notarization (RON) services to notaries public registered in the state. Read on for more details.

 

Home purchase sentiment up in NovemberOpen in a New Window

Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased 2.7 points in November. Read on for more details.

 

Title Alliance names board chairmanOpen in a New Window

Title Alliance, Ltd. has appointed a new chairman who is a two-time recipient of the SmartCEO Future 50 Award. Read on to learn who will chair the company’s board.

 

ROC Title reports ‘exceptional’ third quarterOpen in a New Window

Las Vegas-based ROC Title reported ‘exceptional’ third-quarter and overall 2019 revenue growth. Read on for more details about the company’s expansion and staff growth during the past year, along with its third-quarter results.

 

Aprio acquires North Carolina accounting firmOpen in a New Window

Aprio has acquired a leading accounting firm in North Carolina with nearly 70 employees across five offices, the company announced. Terms of the deal were not disclosed.

 

Home value growth hits six-year lowOpen in a New Window

Annual home value growth in November reached its lowest point since January 2013. Read on for more details.

 

Michigan approves Pavaso as eNotarization providerOpen in a New Window

The Michigan Secretary of State has approved Pavaso to support eNotarization and remote online notarization in Michigan. Read on for more details.

 

Median prices unaffordable for many average wage earnersOpen in a New Window

Home affordability improved, but median home prices in the fourth quarter of 2019 still were unaffordable for average wage earners in 71 percent of the U.S. counties. Read on for more details.

 

Stewart makes board additions, subtractionsOpen in a New Window

Stewart Information Services recently announced two additions to its board of directors, including a Fannie Mae director and a former president of KRP Advisory Services. Read on to learn more about the newest members of Stewart’s board.

 

Title Alliance shares its strategic planOpen in a New Window

Title Alliance has shared its strategic plan through 2022, including doubling its revenue to $100 million, growing its team to 400 members in 15 states, and being recognized as a top place to work in the markets it serves.

 

Small-business owner optimism surged in NovemberOpen in a New Window

Small-business optimism in November posted its largest month-over-month gain since May 2018, according to a survey by the National Federal of Independent Business. Read on for more details.

 

Flipping rates on the declineOpen in a New Window

ATTOM Data Solutions said the number of homes and condos flipped in the third quarter represented the largest quarterly and annual drops since the third quarter of 2014. Read on for more details.

 

Mortgage Network adds senior vice presidentOpen in a New Window

Mortgage Network, Inc. has hired a senior vice president of residential lending. Read on for more details.

 

Bidding wars hovering at 10-year lowOpen in a New Window

The bidding war rate hit its lowest point in at least five years in November in Chicago, Houston, Portland, Ore., and Los Angeles. Read on for more details.

 

Auditors: SOC 2 exams have become ‘more challenging’Open in a New Window

Many companies in the title industry swear by SOC 2 certifications. However, title companies and underwriters should know that enhanced requirements by the American Institute of CPAs (AICPA) have made the audit examinations more challenging.

 

Cloud brokerage extends title service to 15 more statesOpen in a New Window

The real estate cloud brokerage eXp Realty now is offering title, escrow and settlement services to residential clients in 15 additional states, the company announced. Read on for more details.

 

Quicken says it completes Michigan’s first RON eClosingOpen in a New Window

Quicken Loans said it recently became the first mortgage lender to complete the mortgage process in Michigan using remote online notarization. Read on for more details about the transaction.

 

WFG, Qualia integrateOpen in a New Window

WFG National Title Insurance Co. (WFG) and Qualia have announced an integration that streamlines the operations between title agents and their WFG underwriting partners.

 

Meridian Title hires sales managerOpen in a New Window

Indiana-based Meridian Title Corp. has hired a regional sales manager. Read on for more details.

 

Simplifile adds 51 jurisdictionsOpen in a New Window

Simplifile recently added 51 recording jurisdictions in 17 states, expanding its eRecording network to more than 2,000 jurisdictions. Read on for more details.

 

CrossCountry Mortgage expands Chicago teamOpen in a New Window

CrossCountry Mortgage, LLC has expanded its Chicago team with the addition of two industry veterans. Read on for more details.

 

Stewart leadership changes continueOpen in a New Window

Two months after releasing a group senior vice president, Stewart Information Services Corp.’s group president has left the company, the company announced. Read on for more details about Stewart’s latest C-Suite change.

 

Longtime Old Republic board member retiringOpen in a New Window

A member of Old Republic International Corp.’s board since 2004 will be retiring at year’s end, the company announced. Read on for more details of the announcement.

 

Small-business owners split on minimum wage hikeOpen in a New Window

A survey of small-business owners found they are split when it comes to the issue of raising the minimum wage. Read on for more details from the survey.

 

Landmark Title adds team membersOpen in a New Window

Phoenix-based Landmark Title Assurance Agency has expanded its team with the addition of a vice president of escrow operations and a commercial escrow officer. Read on for more details.

 

Compass expands in Silicon ValleyOpen in a New Window

Compass has expanded its operations in California by absorbing the principal agents at CSR Real Estate Services in San Jose along with more than 40 of its agents. Read on for more details.

 

Guaranteed Rate names senior vice presidentOpen in a New Window

Guaranteed Rate has named a senior vice president of mortgage lending. Read on for more details.

 

Industry’s third-quarter premiums inch upOpen in a New Window

During the third quarter, 47 states plus the District of Columbia produced increases in written title premiums, according to an analysis from the American Land Title Association.

 

Knight Barry adds Florida officeOpen in a New Window

Knight Barry Title has opened an additional office in Florida, the company announced. Knight Barry now has five offices in the Sunshine State.

 

Conestoga Title selects QualiaOpen in a New Window

Lancaster, Pa.-based Conestoga Title Insurance Co. will deploy Qualia’s Assure suite of products, the companies announced. Read on to learn what Qualia CEO Nate Baker said about the collaboration.

 

NATIC hires state agency managerOpen in a New Window

North American Title Insurance Co. has hired a state agency manager to oversee agency operations in Louisiana. Read on for more details.

 

iBuying nearly doubled in third quarterOpen in a New Window

The markets with the largest share of iBuyers in the third quarter were Raleigh, N.C.; Phoenix; Atlanta; and Charlotte, N.C. Read on for more details.

 

Howard Hanna acquires Ohio RealtorOpen in a New Window

Howard Hanna has acquired an independent Realtor with two offices and more than 50 agents in northwest Ohio. Read on for more details.

 

Former BankUnited CEO joins States TitleOpen in a New Window

A well-known banking and finance veteran who is a vice chairman of the Carlyle Group and former CEO of BankUnited has joined States Title as an advisor. Read on for more details about the hiring.

 

CATIC releases new search-integration platformOpen in a New Window

CATIC has released a new search-integration platform that replaces the desktop application previously used by its agents and title searchers, the company announced. Read on for more details.

 

NFIB part of coalition opposing Illicit Cash ActOpen in a New Window

The National Federation of Independent Business has joined with more than 40 other business groups in opposing legislation it said threatens small-business privacy and is unnecessarily burdensome.

 

Agents National appoints Midwest underwriting counselOpen in a New Window

Agents National Title Insurance Co. has appointed Candi Slobodnik as its Midwest underwriting counsel. Read on for more details.

 

Gen Z more positive about homeownership than millennialsOpen in a New Window

A Freddie Mac survey of Generation Z reveals that demographic has a more positive perception of homeownership than millennials held at the same age. Read on for more details.

 

Black Knight expands Colorado tax coverageOpen in a New Window

Black Knight, Inc. has expanded its real-property tax coverage in Colorado to include an additional three counties. Read on for more details.

 

Stewart appoints new direct operations leaderOpen in a New Window

Stewart Information Services has selected a company veteran who currently leads its international operations and commercial services to also lead its domestic direct operations. Read on to learn more.

 

Closed Title partners with EXIT RealtyOpen in a New Window

Fort Lauderdale, Fla.-based Closed Title is partnering with EXIT Realty Southeast/Florida to provide the latter’s 3,500 agents with access to its online platform. Read on for more details.

 

More small-business owners raising pay levelsOpen in a New Window

Thirty percent of small-business owners reported raising compensation, and more than a quarter said they plan to do so in the coming months, which the National Federation of Independent Business said was the highest level since December 1989.

 

loanDepot names chief information and technology officerOpen in a New Window

loanDepot has named a chief information and technology officer. Read on for more details.

 

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