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eRecording adoption increases
Posted Date: Thursday, June 30, 2016
The adoption of electronic recording or eRecording has been on a steady increase, with a jump in the past year. To determine why eRecording received a boost in adoption, The Title Report spoke with industry experts about their observations. Keep reading to learn what they had to say.
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ALTA tweaks Best Practices, adds Maturity Model
Posted Date: Wednesday, June 29, 2016
The American Land Title Association (ALTA) Board of Governors approved the development of a Best Practices Maturity Model to help companies demonstrate the progress made toward implementation of its Title Insurance and Settlement Company Best Practices. Updates to the Best Practices are also under a public comment period until July 29. Keep reading to learn more.
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Fidelity chairman now pro sports owner
Posted Date: Thursday, June 23, 2016
The chairman of Fidelity National Financial today is the owner of a pro sports franchise, after the National Hockey League officially granted Las Vegas an expansion team, with Bill Foley and Black Knights Sports & Entertainment, LLC, as its principal owner. The nickname he wants for the team should be familiar to the industry as well. Read on for the details.
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LERETA enters title industry
Posted Date: Monday, June 27, 2016
LERETA has acquired American Property Guard (APG), a Dallas-based company offering tax certificate and homeowner association reports to the title industry. This is LERETA’s first venture into the title insurance industry. CEO John Walsh told The Title Report he was excited about the acquisition. Read on to learn more.
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OneTitle: Shopping saves buyers more in N.Y.
Posted Date: Thursday, June 23, 2016
Homebuyers in New York are overpaying for title insurance, according to a report from OneTitle National Guaranty Co. It says better information and more active shopping among buyers, attorneys and lenders could dramatically reduce costs across virtually every type and size of real estate transaction.
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Simplifile: Collaboration more important than ever
Posted Date: Tuesday, June 21, 2016
In its recent whitepaper, “Collaboration in Today’s TRID Environment,” Simplifile said true collaboration between lenders and agents is crucial for meeting the new requirements under TRID. Using phone calls and emails creates an inefficient, inconsistent process that in some cases could violate the TRID requirements and increase risk. Keep reading to learn more.
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Docutech: Improve the borrower experience
Posted Date: Tuesday, June 21, 2016
While buying a home can be exciting, getting a loan could be onerous and confusing. In its recent whitepaper, “A New Home, A New Life: Improving the Borrower Experience,” Docutech lists four steps lenders and all parties to the transaction can take to improve the experience for the homebuyer. Read on to learn more.
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Fitch Ratings shares insights on housing market
Posted Date: Tuesday, June 21, 2016
The housing recovery had been long delayed and has so far been relatively healthy, but irregular and more moderate than typical, according to Fitch Ratings. Challenges remain, including restrictive credit qualification standards and narrowing affordability. Read on for more of Fitch’s insights.
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Title insurance premiums see best first quarter since 2007
Posted Date: Sunday, June 19, 2016
The title industry put together its best start to the year in nearly a decade, according to the latest data on title insurance premiums announced by the American Land Title Association. Read on to find out how well the industry is doing, and what might be in store for the rest of 2016.
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Colonial Mortgage opens new location in Little Rock
Posted Date: Sunday, June 19, 2016
Colonial National Mortgage, a division of Colonial Savings, F.A., is opening a new retail mortgage branch in Little Rock, Ark. This is the first Arkansas location for the lender. Read on to learn more.
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Sun Title opens new office in Grandville
Posted Date: Sunday, June 26, 2016
Sun Title Agency its new Grandville, Mich., office in a converted, 3,000-square-foot space. The converted space, which was formally a residential home, will accommodate as many as six employees. Read on for more details.
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CATIC opens national commercial services office
Posted Date: Sunday, June 26, 2016
CATIC opened a new national commercial services office in Hartford. This office will assist title agents with their commercial deals throughout the U.S. Read on for more details.
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OS National licensed, opening offices in new state
Posted Date: Thursday, June 23, 2016
OS National is licensed and doing business in a new state. It also announced plans to open a second office in the state within a few months. Read on to learn more.
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Texas mortgage lender moves into Florida
Posted Date: Thursday, June 16, 2016
A Texas-based national mortgage lender announced it would make its first entry into the Florida market, with industry veterans joining the company as branch manager and regional sales manager. Read on for all the details.
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Wells panel discusses annual homeownership survey
Posted Date: Thursday, June 16, 2016
Wells Fargo hosted a national panel discussion on sustainable homeownership and access to credit at the National Press Club. The lender also shared the results of its third annual “How America Views Homeownership” survey prior to the discussion. Read on for more details.
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Continental Title celebrates 15 years
Posted Date: Monday, June 13, 2016
Continental Title is celebrating its 15th year in Kansas City’s title insurance industry. The announcement said at the foundation of all the agency is the knowledge that the work has an impact on families, and that its efforts can make the process of buying or selling a home smoother and less stressful. Read on to learn more.
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Greater Illinois Title completes SOC 2 audit, Best Practices
Posted Date: Tuesday, June 21, 2016
Greater Illinois Title Co. recently has completed its Service Organization Controls SOC 2 examination under AT Section 101 and its AT 101 ALTA Best Practices Certification. The examination included the company’s controls. Read on to learn more.
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Snapdocs earns SOC 2 certification
Posted Date: Sunday, June 26, 2016
Snapdocs, Inc. successfully completed the Service Organization Control (SOC) 2 Type 1 audit. Read on for details of what the certification means for the company.
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Ernst integrates with First American
Posted Date: Thursday, June 23, 2016
Ernst Publishing Co. integrated First American Mortgage Solutions services into its closing cost search and fee management software. Lenders now have one-button access to First American Mortgage Solutions through Ernst’s software. Read on to learn more.
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RamQuest, NextDeal announce integration
Posted Date: Thursday, June 23, 2016
RamQuest, Inc., announced that its Closing Market digital network now is integrated with NextDeal’s preDOCS. NextDeal CEO Robert Reich said together, RamQuest and NextDeal are ensuring real estate closings comply with ALTA Best Practices and that consumer non-public personal information remains protected. Keep reading to learn more.
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ePN adds 26 counties to eRecording network
Posted Date: Tuesday, June 21, 2016
ePN added 26 county offices across the U.S. to its eRecording network. Whether a jurisdiction is small or largely populated, more counties are making the necessary accommodations to accept official record documents electronically. Read on to learn more.
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Fidelity National Title Group names EVP
Posted Date: Sunday, June 26, 2016
Fidelity National Title Group announced a new executive vice president and division manager. In his new position, the 33-year veteran will oversee the company’s residential and commercial real estate services in 13 Midwestern states. Read on for the details.
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Title agents optimistic about future
Posted Date: Sunday, June 26, 2016
The First American Real Estate Sentiment Index for the second quarter of 2016 found positive title agent expectations for growth in purchase and refinance transactions across all property types in the year ahead. How do they feel about the impact of TRID on closings going forward? Read on for the details.
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Title Alliance appoints corporate secretary
Posted Date: Thursday, June 23, 2016
Title Alliance appointed a corporate secretary. He will be responsible for implementing decisions of the Board of Directors; taking minutes at director’s meetings and maintaining corporate records. Keep reading to learn more.
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AmTrust Title hires chief New York State agency counsel
Posted Date: Tuesday, June 21, 2016
AmTrust Title Insurance Co. added a commercial real estate title insurance veteran as chief New York State agency counsel. He has more than 19 years of experience. Read on to learn more.
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Market activity closer to potential, First American says
Posted Date: Sunday, June 19, 2016
First American Financial Corp. released its Potential Home Sales model for May. The model provides a gauge on whether existing-home sales are under or over their long-run potential level, based on current market fundamentals. Keep reading to learn more.
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Counsellors Title Agency adds experienced officer
Posted Date: Sunday, June 19, 2016
Counsellors Title Agency, Inc. named a new title officer. According to the announcement he represents many decades of title expertise in which he has served in every capacity of title insurance industry. Keep reading to learn more.
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RamQuest integrates with Data Trace
Posted Date: Sunday, June 19, 2016
RamQuest, Inc. announced its Closing Market digital network now is integrated with Data Trace. RamQuest customers can now request one-click ordering of Texas tax certificates from Data Trace. Read on to learn more.
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The Title Report attends TLTA conference
Posted Date: Friday, June 17, 2016
The Title Report was back on the road to join the Texas Land Title Association at its Annual Conference and Business Meeting. Plenty of new people and old friends were on hand in Galveston for the event. Read on to learn more about the conference.
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Bank of America addresses TRID, Best Practices
Posted Date: Thursday, June 16, 2016
Bank of America recently released its latest newsletter to settlement agents, discussing many of the aspects that have remained an issue since the implementation of the TILA-RESPA Integrated Disclosures (TRID) rule, as well as its stance on vendor requirements for title companies. Read on for the details.
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SoftPro integrates with Notary Loop
Posted Date: Thursday, June 16, 2016
SoftPro announced its SoftPro 360 business exchange platform has added Notary Loop, Inc. as an integrated vendor. The integration allows SoftPro users direct access to Notary Loop’s network of notary signing services from within the SoftPro environment. Read on to learn more.
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E-Closing expands integration with Fidelity
Posted Date: Thursday, June 16, 2016
E-Closing, a provider of cloud-based title processing software, announced the expansion of its integration with Fidelity National Title Group to include closing protection letters. Vice President of Sales and Marketing Marc Hall said this solution will save agents time. Read on to learn more.
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ClosingCorp names VP of sales, strategic relationships
Posted Date: Thursday, June 16, 2016
ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, announced a new vice president of sales, strategic relationships. He will be responsible for developing and maintaining technology-provider relationships. Keep reading to learn more.
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ATPR now integrated with ResWare
Posted Date: Monday, June 13, 2016
ATPR has built a third party integration between SmartProp, its property search product and ResWare. ATPR noted the integration would assist a large number of agencies. Keep reading to learn more.
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Title Alliance appoints marketing specialist
Posted Date: Monday, June 13, 2016
Title Alliance appointed Brendan Farrell as marketing specialist. He will be charged with helping each individual joint venture manager to assess their needs and to provide them with tools to market their services to the potential customers. Read on to learn more.
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First American leveraging information to expand insights
Posted Date: Monday, June 13, 2016
Since Chief Economist Mark Fleming joined First American in late 2014, the company has begun releasing several data indices. When asked why First American was releasing all this information, Fleming told The Title Report more knowledge leads to more power and understanding. Read on to learn more.
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