A leading homebuilder in the West has formed a financial group that will provide title, settlement and mortgage services. Read on for more details about the new company.
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Title Alliance, Ltd. recently announced several additions to its C-Suite, including a chief strategy officer, a chief human resources officer and a general counsel and compliance officer.
Farmington Hills, Mich.-based ATA National Title Group, LLC. has opened a new office near Chicago. Read on to learn the location of ATA’s new office.
North American Title Insurance Co. has hired a state agency manager for Maryland and the District of Columbia. Read on for more details.
FormFree has integrated FundingShield’s loan-level verification services into its platform. Read on for more details.
Florida-based Title Junction has hired a data processor/escrow officer. Read on for more details.
Kensington Vanguard National Land Services has acquired a majority stake in the largest independent 1031 exchange service provider in the Eastern United States. Read on for more details.
A real estate technology platform has acquired a digital mortgage startup with a proprietary software platform that automates 70 percent of the mortgage process, both companies announced.
The National Federation of Independent Business has urged Congress to dismiss a bill to raise the minimum wage to $15 an hour. Read on for more details.
During natural disasters such as hurricanes, tornados or wildfires, lenders using SmartFees will receive an alert listing all properties in the affected area with mortgage applications pending.
Redfin said if supply growth continues falling at the rate it has been since April, by September the number of homes for sale will be down from a year earlier by more than 4 percent.
TitleTap recently released the results of its 2019 customer-wide study on search engine optimization and security. Read on for more details.
Surviving in the title industry is dependent on your ability to sell services to others in the real estate business. But what percentage of your employees is responsible for sales?
A report from an economist with the Federal Reserve Bank of St. Louis said new and existing home sales have declined in all four census regions, which in the past has been a sign of an impending economic slowdown.
SoftPro has enhanced its integration with WFG National Title Insurance Co., both companies announced. Read on for more details.
Stewart Title has hired a business development officer for its commercial services unit. Read on for more details.
A New York management consultancy has published an encyclopedic guide to the laws and customs governing real estate transactions throughout the U.S. Read on for more details.
Calyx has hired a former ClosingCorp vice president as national sales consultant. Read on for more details.
Demotech, Inc. recently affirmed the financial stability ratings (FSR) of A, Exceptional, assigned to both Agents National Title Insurance Co. and Security Title Guarantee Corp. of Baltimore.
Stewart has expanded its capacity to provide remote online notarization (RON) to more than 250 of its direct operations in 20 states, the company announced.
Florida-based Southern Title has added enhancements to its website to make it more user friendly for individuals with disabilities and non-English speakers.
Palatine, Ill.-based Proper Title has announced two industry veterans as its latest account executives. Read on for more details.
Median home prices during the second quarter of 2019 were not affordable for average wage earners in 353 of 480 U.S. counties. Read on for more details.
During May, Arkansas, Vermont, Florida, Utah and Arizona had the greatest year-over-year decreases in defect frequency. Read on for more details.
The American Land Title Association (ALTA) said has updated an alert of a breach within the title and settlement industry which revealed non-public personal information. ALTA has worked to contact companies who might have been affected.
A title attorney firm in North Carolina is up and running hours after an overnight fire destroyed the building which housed much of the firm’s operation. Brady & Kosofsky Partner Jaime Kosofsky told The Title Report that the staff was unharmed as he described the way his company was back on the job hours after the fire began.
Radian Group Inc. has rebranded its recently acquired EnTitle Insurance Co. as Radian Title Insurance Inc., the company announced. Read on for more details.
CoreLogic has announced the availability of an online portal that provides on-demand data and analysis on real estate transactions to help title agents and lenders gain a competitive edge.
The holding company for Oak Title Services, LLC has added to its board of directors, the company announced. Read on to learn what the president and CEO of Oak Title’s holding company had to say about its new board member.
Arizona-based CyberScout has hired a former Experian executive as its next CEO. Read on for more details.
The share of homes sold above list price in May was down from one year ago. Read on for more details.
The Closing Exchange has integrated its eSignature capabilities and hybrid eClosings within DocuSign’s CXChoice platform. Read on for more details.
Mortgages rates last week dropped to their lowest level since November 2016, increasing mortgage applications and significantly expanding the pool of candidates who would benefit from a refinance.
Texas-based Patten Title Co. has hired a former Stewart chief financial officer to serve in the same role. Read on for more details about the hiring.
Federal Title & Escrow Co. recently launched a credit partner program designed to help Realtors and mortgage lenders better serve homebuyers and sellers. Read on for more details about the program.
Wells Fargo & Company has named a chief technology officer. Read on for more details.
ClosingCorp’s SmartFees service has been integrated into Wipro Gallagher Solutions’ (WGS) loan origination platform, the companies announced.
Attorneys’ Title Guaranty Fund, Inc. (ATG) has named a vice president for its downstate operations. Read on for more details.
SLK Global Solutions recently announced it will offer customized tax services for commercial mortgage servicers through its Real Estate Tax Service Platform. Read on for more details.
The federal government has issued a patent to States Title for a machine-learning solution it created, the company announced.
Columbus, Ohio-based Signature Closers LLC has partnered with Nexsys Technologies LLC to create a digital mortgage closing platform, the companies announced.
Black Knight has enhanced its title plant application with several new features designed to improve the user experience, the company announced.
The Closing Exchange has hired Landon Smith as its executive vice president, client strategy and business development, the company announced.
Metropolitan areas with double-digit decreases in foreclosures during May included Birmingham, Ala., New York, Washington, D.C., Philadelphia, and Detroit. Read on for more details.
The Mortgage Bankers Association recently launched strategic initiative to promote more sustainable, affordable homes for purchase and rental for underserved people and communities, especially minorities and low-to-moderate-income Americans.
The title industry saw premiums decline and claims rise during the first quarter of 2019, according to an analysis by the American Land Title Association.
Texan Title has chosen SafeChain’s SafeWire platform to defend its clients’ wire transactions against fraud, the companies announced.
Title Resource Group (TRG) has hired a director of its commercial channel, and its group member Title Resources has hired a senior vice president for its southeast region.
Realogy Holdings Corp. has appointed a chief ethics and compliance officer. Read on for more details.
Thirty-five percent of offers written by Redfin agents in San Francisco faced a bidding war in May. Read on for more details.
LenderClose has added five new employees and promoted two others, bringing its total workforce to 25 employees. Read on for more details.
The 15th edition of the National Settlement Services Summit (NS3) got off to a terrific start Tuesday as Acting Deputy Secretary, and Federal Housing Administration (FHA) Commissioner and Assistant Secretary for Housing of the U.S. Department of Housing & Urban Development (HUD) Brian Montgomery, highlighted many topics and issues with important updates for everyone within the real estate transaction business.
For the eighth year, October Research, LLC, presented its annual awards for leadership, innovation and philanthropy, with some of the brightest stars in the title industry recognized for their efforts.
Summer may be in its early stages, but Phoenix-area youths know the next school year is around the corner, and attendees at the National Settlement Services Summit (NS3) took time Tuesday to give them a hand.
SLK Global Solutions has added two new enhancements to its SmartTrak property tax solution. Read on for more details.
The National Settlement Services Summit (NS3) marks its 15th anniversary this week by heading further west than it ever has. In the Valley of the Sun, the largest crowd yet will gather to hear from the best the industry has to offer over three days at the Arizona Biltmore in Phoenix.
For people looking to get married and cover the downpayment on their first home in the same place, the Midwest cities of Cleveland, Detroit and Pittsburgh may be places to consider. Read on for more details.
RynohLive has added vice presidents to its sales and marketing teams. Read on for more details.
Fidelity National Financial, Inc. announced it will allow the use of NotaryCam to deliver remote online notarization and remote online closing capabilities to its network of direct title and settlement operations and its network of independent title agents.
A specialized think tank sponsored by NetDiligence has issued its first report on the ever-growing problem of cybercrime.
First American Title Insurance Co. has hired an industry veteran to serve as vice president of information technology strategy. Read on for more details.
Louisiana-based Punctual Abstract recently expanded its offerings to include HOA Certification estoppel letter services. Read on for more details.
Stewart Title has promoted an executive to associate senior underwriting counsel. Read on for more details.
Attorneys Title Guaranty Fund, Inc. (ATGF) recently issued its first Arizona title policy through an independent agency in Phoenix.
Through its real estate technology fund Second Century Ventures, the National Association of Realtors has made a strategic investment in the Blockchain-startup Propy.
Notarize recently announced it has opened its title network to agents across the country. Read on for more details.
As average interest rates on all 30-year notes declined in April, the percentage of millennials refinancing loans increased, according to the latest Ellie Mae Millennial Tracker.
Zipwhip and Telmetrics Inc. have integrated services to allow businesses to gather attribution data on text messages delivered through existing business phone numbers.
The increase in homebuying sentiment during May largely was attributable to a double-digit increase in consumers who said now is a good time to buy.
In the latest installment of an exclusive joint project between The Title Report and ClosingCorp, we examine title and settlement fees for 2018 compared with our first sample of data, which covered the period between October 2017 and March 2018.
A recent drop in mortgage rates increased the pool of candidates who could likely qualify for refinances and save at least 75 basis points by two million, according to an analysis by Black Knight, Inc.
TitleWave has hired an industry veteran to serve as its western Pennsylvania operations manager. Read on for more details.
Qualia has integrated First National Title Insurance Co.’s policy jackets and closing protection letters into its platform. Read on for more details.
The cities with the lowest average gross flipping ROI in the first quarter were McAllen-Edinburg, Texas, Daphne, Ala., Boise City, Idaho, Lexington, Ky. and San Antonio.
Fidelity and Stewart will have three more months to get their deal in order after Fidelity on Monday exercised its right to extend the deadline to September. Fidelity earlier extended the deadline to June 18, but in a filing with the Securities and Exchange Commission, it stated that the companies extended the deadline one more time.
Notarize has launched what it is touting as the world’s first closing automation platform.
Fort Lauderdale, Fla.-based Independence Title has become an approved agent for WFG National Title Insurance Co.
Mortgage credit availability increased across all sectors during the fourth quarter of 2018, according to the latest credit availability index from the Housing Finance Policy Center.
Stewart Title has appointed a vice president who will be responsible for business development in the Seattle area. Read on for more details.
During the first quarter of 2019, sales prices for newly built homes dropped for the first time in seven year. Read on to learn more from Redfin’s report.
LoanCare has hired a chief administrative officer who will oversee the onboarding of new clients and servicing portfolios. Read on for more details.
Community Title Network, LLC has acquired a title agency which operates four offices throughout northern Virginia, the company announced. Read on to learn more about the acquisition.
According to its measures of economic well-being and financial resilience, the Federal Reserve Board said the health of U.S. households generally improved in 2018.
The Atlanta-based real estate law firm Cook & James has expanded its footprint with the opening of a new location in Woodstock, Ga., and the addition of a new attorney.
The co-founder and CEO of CertifID has released a new eBook designed to teach business owners and consumers how wire fraud scams work and the simple steps to achieve a high level of protection.
A website has analyzed 52 key safety indicators grouped into five different categories to determine the safest and most dangerous states. Read on for more details.
The five states with year-over-year increases in defect frequency in April were New York, Nebraska, Iowa, Hawaii, and West Virginia, according to the latest First American report.
Covius Holdings has entered into a definitive asset purchase agreement to acquire certain businesses from Chronos Solutions, the companies announced.
Following the online expose of millions of sensitive documents, A.M. Best said First American Financial Corp.’s financial strength rating and the long-term issuer credit ratings remain unchanged.
The Consumer Financial Protection Bureau (CFPB) is warning consumers and real estate professionals about sophisticated phishing scams through which closing costs and downpayments are diverted into fraudulent accounts.
Notarize has closed more than $1 billion in real estate transactions through its remote online notarization platform. Read on for more details.
LenderClose has integrated Simplifile’s county recordable documents, such as mortgages, trust deeds, and releases, into its platform. Read on for more details.
U.S. Bank has implemented Black Knight, Inc.’s loan origination system to manage loans purchased via its correspondent and Housing Finance Agency lending channels. Read on for more details.
It has been 438 days since Fidelity announced its plan to acquire Stewart for $1.2 billion, and its next deadline to close is June 18. In May, President Mike Nolan provided an update on the proposal, along with other details about the company and its plans.
The New York Department of Financial Services wrote Fidelity National Financial (FNF) Chief Compliance Officer Paul Perez on Jan. 31, detailing its response to the proposed acquisition of Stewart Title by FNF. Although details of the denial were not made public, The Title Report has been able to obtain a redacted copy of the letter.
A national consumer group has reached out to the Department of Justice (DOJ) and state insurance commissioners in an effort to block Fidelity’s proposed acquisition of Stewart.
Fidelity National Financial, Inc. (FNF) is offering no timetable for the completion of its proposed acquisition of Stewart Information Services Corp. for $50 per share of common stock.
During a conference call Thursday with investors, analysts and journalists, Fidelity executives said they continued to work to provide the information requested by federal and state regulators.
Sales of newly built, single-family homes in March reached their highest monthly rate since the Great Recession, according to data released by the U.S. Department of Housing and Urban Development and the Census Bureau.
Rockville, Md.-based Passport Title Services, LLC has introduced new digital capabilities that include automated case status communications, settlement document collection and wire fraud mitigation.
The five states with the greatest year-over-year decrease in real house prices were Wyoming, West Virginia, Louisiana, Alabama, and Oklahoma. Read on for more details.