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Westcor, Notarize partner to offer online notarizations
Posted Date: Tuesday, January 16, 2018
Westcor Land Title Insurance Co. and Notarize have partnered to offer online notarization for real estate transactions in various states across the country.
Westcor’s CEO said the partnership will offers borrowers the option of an online closing and reduces agents’ operational costs.
Read on for more details about the new tools available to independent agents supported by Westcor.
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ALTA launches agent registry
Posted Date: Wednesday, January 17, 2018
The American Land Title Association has launched a national registry of title and settlement agents.
ALTA CEO Michelle Korsmo told The Title Report the platform allows title and settlement agents to more confidently go forward in their relationships with lenders and customers.
Read on to learn why ALTA said such a registry is needed.
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AmTrust takes step toward going private
Posted Date: Friday, January 19, 2018
The families who own a significant share of AmTrust Financial Services have taken a step toward going private.
Those owners have proposed paying $12.25 per share for the rest of the company.
If their proposal is approved by AmTrust’s board and shareholders, the New York-based multinational property/casualty insurer will go private. Read on for more details.
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WFG expands commercial division
Posted Date: Wednesday, January 24, 2018
WFG National Title Insurance Co (WFG) is expanding its National Commercial Services Division with an eye toward growing its commercial presence in direct-owned western operations and leveraging the company’s agency network in the eastern states.
The company has selected an industry veteran with nearly 20 years of commercial real estate and escrow experience.
Read on to learn which WFG executive will lead this charge.
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WACO, Pavaso complete Arkansas’ first eClosing
Posted Date: Wednesday, January 24, 2018
Less than one year after state legislators in Arkansas established the standards necessary to protect the legitimacy of eSigned and eNotarized documents, WACO Title Co. and Pavaso, Inc. recently completed the state’s first full eNotary closing.
The real estate transfer document was electronically signed, notarized and filed in the public records of Washington County.
Read on for more details.
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AmTrust announces alliance with A.S.K.
Posted Date: Wednesday, January 24, 2018
AmTrust Title Insurance Co. has formed an alliance with a full-service title production and public record research firm to support its agents in Michigan, Indiana and Ohio.
AmTrust’s president said the alliance will provide a comprehensive menu of sophisticated, data-driven resources that will enable agents to provide improved and accelerated services.
Read on for more details about the alliance.
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Title Alliance adds operations manager
Posted Date: Wednesday, January 24, 2018
Title Alliance has hired a senior operations manager who formerly worked nearly three decades for the company.
Read on for more details.
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Underwriter adds Georgia manager
Posted Date: Wednesday, January 24, 2018
A national underwriter has hired a state agency manager for Georgia.
Read on for more details.
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Florida agency launches closing portal
Posted Date: Tuesday, January 23, 2018
The Florida Agency Network completed a collaboration portal that’s designed to help prevent wire fraud security during closings.
The company said its portal combines wire fraud security best practices with a consumer-friendly closing experience, and will help consumers, real estate agents, and other parties minimize their email exposure.
Read on for more details about the new collaboration portal.
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ALTA, insurance groups urge CFPB restrictions
Posted Date: Tuesday, January 23, 2018
The American Land Title Association is one of eight insurance trade groups supporting a bipartisan bill that would clarify the extent to which the Consumer Financial Protection Bureau can regulate the insurance industry.
The groups have endorsed a bill that would amend the Consumer Financial Protection Act of 2010 to clarify the bureau’s authority regarding entities regulated by state insurance regulators.
Read on for more details.
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NFIB: Trump a hit with small-business owners
Posted Date: Tuesday, January 23, 2018
Following the 2016 election of Donald Trump, the confidence of small-business owners throughout the U.S. soared and then remained high throughout 2017.
In fact optimism among small-business owners, as measured by the National Federation of Independent Businesses (NFIB), was at an all-time high last year.
Read on to learn which factors NFIB said encouraged small-business owners.
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2017 foreclosures lowest in 12 years
Posted Date: Tuesday, January 23, 2018
The number of foreclosure filings during 2017 dropped to its lowest level since 2005.
Read on for more details.
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Ellie Mae, COCC partner
Posted Date: Tuesday, January 23, 2018
Ellie Mae’s latest partnership will provide members of COCC’s cooperative access to Encompass.
Read on for more details.
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The Trident Group announces leadership changes
Posted Date: Friday, January 19, 2018
The Trident Group has named a former RESPO chair as its president. The company also announced a new president of Trident Land Transfer Co.
The moves were necessitated by the promotion of the group’s former president, who now is CEO of Berkshire Hathaway HomeServices Fox & Roach, REALTORS/The Trident Group.
Read on for more details.
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Regional title company makes acquisition
Posted Date: Friday, January 19, 2018
An Idaho-based title company that operates in 58 counties in three states has acquired a title agency in Idaho.
The acquisition expands the company’s reach in Southeast Idaho. The CEO of the regional title company said it is “excited to be a part of another wonderful Idaho community.”
Read on for details about who will lead the acquired company.
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Stewart selects New England manager
Posted Date: Friday, January 19, 2018
Stewart has promoted a company veteran to serve as its district manager of New England.
Read on for more details.
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ResWare integrates Alliant National
Posted Date: Friday, January 19, 2018
A new integration will allow Alliant National Title Insurance Co. agents to generate policy jackets and closing protection letters within ResWare.
Read on for more details.
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OneTitle acquires ‘significant’ interest in NJ title agency
Posted Date: Wednesday, January 17, 2018
A New York-based direct title insurance underwriter has acquired a significant interest in a New Jersey title agency.
Terms of the deal were not disclosed. The companies now will jointly serve clients throughout New York and New Jersey.
Read on to learn why the underwriter’s CEO said the acquired company is a good fit.
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AmTrust selects Southeast Counsel
Posted Date: Wednesday, January 17, 2018
AmTrust Title Insurance Co. has hired a Southeast Counsel to oversee the company’s business in Florida and neighboring states.
Read on for more details.
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Buying cheaper than renting in many places
Posted Date: Wednesday, January 17, 2018
Buying a median-priced home is more affordable than renting a three-bedroom property in more than half the counties in the U.S.
Read on for more details.
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ATG LegalServe, File & ServeXpress partner
Posted Date: Wednesday, January 17, 2018
ATG LegalServe and File & ServeXpress have partnered to enable law firms and courts to access their services through either company’s website.
Read on for more details.
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Bill seeks to increase SBA’s oversight of loan program
Posted Date: Tuesday, January 16, 2018
A bipartisan bill in Congress would increase the Small Business Administration’s (SBA) oversight authority over the popular 7(a) Loan Program.
The bill would further outline the responsibilities of the SBA and the requirements of its director; and enhance the agency’s lender oversight review process, including increasing the office’s enforcement options.
Read on learn who is pushing this legislation.
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Tuten Title & Escrow adds equity partner
Posted Date: Tuesday, January 16, 2018
Louisiana-based Tuten Title & Escrow, LLC has hired an attorney as the firm’s newest equity partner.
The firm’s new member interned with the U.S. Attorney’s Office for the Western District of Louisiana under U.S. Attorney Donald Washington.
Read on to learn about the various areas of law in which the new equity partner has practiced.
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ZOCCAM expands platform
Posted Date: Tuesday, January 16, 2018
ZOCCAM has enhanced its platform to speed up onboarding of escrow agents and financial institutions.
Read on for more details.
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Landtech integrates Punctual Abstract
Posted Date: Tuesday, January 16, 2018
Landtech Settlement Software has integrated Punctual Abstract’s title and abstract services into its platform.
Read on for more details.
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First American: House-buying power decreases
Posted Date: Thursday, January 4, 2018
Consumer home-buying power declined during October as home appreciation continued.
Read on for details from the First American Real House Price Index.
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Flipping ROI hits two-year low
Posted Date: Tuesday, December 12, 2017
The average profit on homes flipped in the third quarter dropped to its lowest level in more than two years.
Read on from more details from ATTOM Data Solutions’ Q3 2017 U.S. Home Flipping Report.
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