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NextAce still growing as it reaches milestone order
Posted Date: Wednesday, October 24, 2018
After processing its 10 millionth order and celebrating 15 years in business, NextAce President and CEO Don Cantral told The Title Report the best is yet to come for the company.
Cantral sat recently to discuss the company’s evolution from its beginnings as an idea on the back of a napkin in 2003. When the company started, he said, it was handling 200 orders a day. Today, NextAce processes about 6,000 title search orders a day.
Read on learn more of what Cantral had to say.
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Westcor receives award for website
Posted Date: Thursday, November 1, 2018
Westcor Land Title Insurance Co. recently received ALTA’s Title Webby Award at association’s ALTA One conference in Los Angeles.
Read on for more details.
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Fidelity’s Wolff celebrates 40th anniversary
Posted Date: Thursday, November 1, 2018
Jeffrey Wolff, vice president with Fidelity National Title Co., recently celebrated 40 years of employment with the company.
Read on for more details.
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Make-A-Wish America names CEO
Posted Date: Thursday, November 1, 2018
Make-A-Wish America has announced that Richard K. Davis will become its new CEO, effective Jan. 2, 2019.
Read on for more details.
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New ALTA president ‘humbled’ by opportunity
Posted Date: Tuesday, October 16, 2018
The American Land Title Association’s (ALTA) new president is proud to be the first from South Carolina and wants to better connect the association’s members with the resources available to them.
The association’s new president believes her approachability and her ability to wear many hats will aid her during her tenure as ALTA president.
Read on to find out more of what the new president told The Title Report at this year’s ALTA One Conference in Los Angeles.
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DocMagic, New Jersey firm launch eClosing training program
Posted Date: Tuesday, October 16, 2018
A New Jersey-based data intelligence and vendor management firm has teamed with DocMagic, Inc. to develop and host an online training program on conducting compliant and paperless eClosings, the companies announced.
The companies said the online training will launch on Nov.15 and is designed for attorneys, title agents, notaries and others involved in eClosings and eMortgages.
Read on for more details.
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The Closing Exchange launches signing services platform
Posted Date: Tuesday, October 16, 2018
The Closing Exchange has launched a new patent-pending signing services platform that provides a flexible, highly-integrated system designed to transform the customer experience.
The new platform can be integrated into a company’s workflow and title production software for seamless order management, communication and security.
Read on to learn what The Closing Exchange CEO Alan Frelix had to say about the company’s latest offering.
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Redfin hires chief economist
Posted Date: Tuesday, October 16, 2018
Redfin’s new chief economist was a former senior behavioral economist at Amazon.
Read on for more details.
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Finance professionals top target for cybercriminals
Posted Date: Friday, October 12, 2018
New research indicates that some companies inadvertently are making it easy for cybercriminals by improperly backing up their email archives.
The report said many companies are not aware they are unwittingly exposing sensitive, personal and financial information by not securing email archives, and that finance professionals are at the top of cybercriminals’ target lists.
Read on to learn what steps companies should be taking to reduce their risks.
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AmTrust teams up with CertifID
Posted Date: Friday, October 12, 2018
AmTrust Title announced it will partner with CertifID and will cover the costs associated with the transactional use of CertifID for its network of title agents, nationally.
CertifID allows title agencies to securely send and confirm wiring instructions and guarantees each wire up to $1 million.
“We are making a conscious decision to offer the use of CertifID to protect them and their customers from loss,” AmTrust Title President Jason Gordon said. Read on for more.
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Silk Title moves toward digital closings
Posted Date: Friday, October 12, 2018
Silk Title & Escrow announced it will collaborate with Wyndham Capital Mortgage and Notarize to bring fully digital closings to its clients.
The Rhode Island-based company said its partnership with Wyndham, coupled with the best-in-class platform provided by Notarize, will help push the industry forward.
Read on for more details.
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First American report finds affordability declines
Posted Date: Friday, October 12, 2018
First American Financial announced that consumer homebuying power declined from a year ago as affordability in a rising interest rate environment continues to be a concern. Read on for more details, and insight from First American Chief Economist Mark Fleming.
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Millennial conventional loans at three-year high
Posted Date: Friday, October 12, 2018
Millennial homebuyers turned to conventional purchase loans in August at the highest rate in three years, according to Ellie Mae’s Millennial Tracker. Read on for more details.
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ICE buys up remainder of MERS
Posted Date: Friday, October 12, 2018
Two years after acquiring a majority interest in MERSCORP Holding, the Intercontinental Exchange, Inc. (ICE) announced it purchased the remainder of the company. Read on for more about the acquisition.
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LenderLive rebrands; reQuire maintains identity
Posted Date: Thursday, October 11, 2018
LenderLive will take on a new name through a rebranding of the company, but reQuire will keep its branding moving forward, the company announced.
Covius Holdings will become the new name for LenderLive, and reQuire will be known as reQuire, a part of Covius.
Covius Services President Pete Pannes discussed the changes with The Title Report. Read on for more details.
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NATIC launches new policy applications system
Posted Date: Thursday, October 11, 2018
North American Title Insurance Co. (NATIC) has launched a new policy applications system within its agent portal, the company announced.
NATIC said the new system is comprehensively designed and offers intuitive navigation and an enhanced dashboard, allowing agents to conduct business with NATIC in a unified environment.
Read on for more details about NATIC’s new policy applications system.
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Qualia touts ‘first of kind’ integration with Encompass
Posted Date: Thursday, October 11, 2018
Qualia has announced an integration with Ellie Mae’s Encompass digital mortgage solution that it said is the mortgage industry’s first two-way integration with a title, escrow and closing software.
Qualia CEO Nate Baker called the integration with Ellie Mae a “marriage of people and technology [that] delivers the ideal customer experience.”
Read on to learn how Baker believes this integration will positively disrupt the real estate process.
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RynohLive unveils redesigned user interface
Posted Date: Thursday, October 11, 2018
RynohLive recently unveiled a redesigned user interface that has an updated look and select system enhancements. Read on for more details.
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Report: Homes least affordable in a decade
Posted Date: Thursday, October 11, 2018
U.S. home prices in the third quarter were at the least affordable level since the third quarter of 2008. Read on for more details from ATTOM Data Solutions’ Q3 2018 U.S. Home Affordability Report.
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Credit union offering commercial eClosings
Posted Date: Monday, October 8, 2018
A credit union is partnering with Pavaso to offer eClosings on commercial loans.
During September, two of the credit union’s members used the company’s solution to close their commercial real estate and SBA loans.
The credit union said its eClosing option now is available to all of its business members. Read on for more details.
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The Title Report live as ALTA One underway
Posted Date: Monday, October 8, 2018
Hundreds of title industry participants are convening this week at the American Land Title Association’s ALTA One Conference at the JW Marriott at LA Live in Los Angeles. The Title Report is on site for all the latest.
Read on for more details.
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WFG adds senior vice president
Posted Date: Monday, October 8, 2018
WFG National Title has hired a senior vice president of national business development.
Read on for more details.
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DocMagic integrates NotaryCam
Posted Date: Monday, October 8, 2018
DocMagic, Inc. has integrated NotaryCam’s remote service into its eClose platform.
Read on for more details.
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AmTrust adds Carolinas agency group
Posted Date: Monday, October 8, 2018
AmTrust Title Insurance Co. has expanded its professional team in the Southeast by adding a Carolinas agency group.
Read on for more details.
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Stewart continues acquisition spree
Posted Date: Thursday, October 4, 2018
Less than one month after announcing its acquisition of a Tennessee-based title and escrow company, Stewart has purchased the assets of a Texas title agency.
The acquired agency has offices in Corpus Christi and Port Aransas, and Stewart executives said the agency will enable it to further develop its capabilities in those geographic areas.
Read on learn more about this latest acquisition.
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NATC links with Pavaso’s eClosing platform
Posted Date: Thursday, October 4, 2018
North American Title Co. (NATC) has connected its agents to Pavaso’s eClosing platform to assist its lender customers who are on the platform, the companies announced.
NATC President and CEO Tom Fischer said as the company’s escrow officers in Minnesota and Utah already are actively using the Pavaso platform with lender customers in their regions, the system was vetted fully before NATC introduced it nationally.
Read on for more details.
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Alliant National, Qualia partner
Posted Date: Thursday, October 4, 2018
Alliant National Title Insurance Co.’s policies, closing protection letters and rate calculation have been integrated within Qualia’s title, escrow and closing software platform, the companies announced.
The integration creates efficiencies by enabling Alliant’s agents to perform their work without leaving Qualia’s platform.
Read on to learn what the CEOs of both companies had to say about the integration.
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Simplifile adds 29 jurisdictions
Posted Date: Thursday, October 4, 2018
Simplifile has added 29 recording jurisdictions in six states throughout the southeastern U.S. to its eRecording network.
Read on for more details.
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Foreclosures rose in August from previous month
Posted Date: Thursday, October 4, 2018
One in every 1,910 U.S. properties had a foreclosure filing in August 2018.
Read on for more details from the latest ATTOM Data Solutions Foreclosure Activity Report.
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Old Republic acquires software provider
Posted Date: Wednesday, October 3, 2018
Old Republic Title has acquired a New Hampshire-based software applications and systems development company that provides cutting-edge, cloud-based title and closing software for small and mid-size title insurance agencies.
The acquired company is well-known throughout the industry. Its past partners have included Simplifile, RynohLive, reQuire, DigitalDocs, NotaryLoop, CATIC, and all of the Big Four underwriters.
Read on for more details about Old Republic’s latest acquisition.
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LexisNexis: Fraud costs increase nearly 10 percent
Posted Date: Wednesday, October 3, 2018
Financial services companies incur nearly $3 in costs for every dollar of fraud, according to a recently released report from LexisNexis Risk Solutions.
The three most pressing online fraud challenges for mid- to large-sized banks are verification of customer identity, email or device verification, and delay in transaction confirmation.
Read on for more details from the LexisNexis report, which surveyed 175 executives in financial services companies across the country.
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Res/Title chooses Pavaso’s eClosing platform
Posted Date: Wednesday, October 3, 2018
Res/Title has selected Pavaso’s platform through which to offer comprehensive paperless, digital closings to its clients, the companies announced.
Res/Title Chief Sales Officer Jim Paolino said digital closings are the wave of the future and the company is proud to be working with Pavaso to offer them to clients.
Read on for more details about the step Res/Title is taking toward offering eClosings.
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ResWare integrates CertifID
Posted Date: Wednesday, October 3, 2018
A new integration will enable ResWare users to access CertifID’s management platform for wire fraud prevention.
Read on for more details.
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AmTrust supplements Florida staff
Posted Date: Wednesday, October 3, 2018
AmTrust Title Insurance Co. has hired a real estate attorney as a sales representative/counsel based in Florida.
Read on for more details.
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