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Active shooter incidents on the rise
Posted Date: Friday, July 29, 2016
According to the Department of Homeland Security and the FBI active shooter incidents are on the rise in this country, including in businesses. DHS spoke to The Title Report about how small and medium-sized businesses can prevent and be prepared for these occurrences. Keep reading to learn more.
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Summer season hot with refis on the rise
Posted Date: Tuesday, August 16, 2016
The numbers show refinances have increased this summer. The Title Report asked Majesty Title’s Vince Cassidy and TitleSmart’s Cindy Koebele how business is going this summer and what they see trending. Read on to learn more.
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Activist investor becomes largest Stewart shareholder
Posted Date: Thursday, August 18, 2016
Starboard Value LP, a New York-based investment advisor, is now the largest shareholder of Stewart Information Services with its purchase of 9.9 percent stake. Read on to learn more.
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Consulting firm wants to push title industry Forward
Posted Date: Tuesday, August 9, 2016
A new title centric consulting firm is offering title agents a unique service with the singular goal of increasing profits. President Howard Turk told The Title Report the business was born out of a desire to help small to mid-sized family owned businesses grow. Keep reading to learn more.
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Big Four discuss the present, future of title
Posted Date: Thursday, July 14, 2016
The industry is facing a host of fresh issues and opportunities this season. Lenders are sharpening their focus on their third-party vetting processes while agents increase their cyberawareness. At the 2016 National Settlement Services Summit (NS3) leaders from the Big Four discussed what is in store for the industry. Read on to learn more.
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Data security, but how secure?
Posted Date: Sunday, August 7, 2016
TRID implementation continues to underscore the need to improve the flow of standardized data between title agents, lenders, investors and others. At the National Settlement Services Summit (NS3) in Charlotte, N.C., industry experts spoke to efforts to streamline electronic communications and steps that can be taken to avoid common technology roadblocks. Read on to hear more of what the presenters had to say.
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Economist sees financial growth in outlook
Posted Date: Sunday, July 24, 2016
The U.S. economy has grown, slowly, according to Dr. Ray Perryman, president and CEO of The Perryman Group. The Title Report was able to attend his presentation at the Texas Land Title Association (TLTA) Annual Conference and Business Meeting. Read on to learn more.
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Orange Coast Title moves headquarters
Posted Date: Sunday, August 14, 2016
After 37 years in the same location, Orange Coast Title announced its corporate headquarters is moving. The new space will be large enough for all of its centralized departments to share the same floor space. Read on to learn more.
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First National Title revenue up 58 percent
Posted Date: Tuesday, August 9, 2016
First National Title Insurance Co. reported first-half revenues up 58 percent year-over-year. Read on for more about the quarter, which exceeded the company’s expectations.
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Investors Title Co. reports record earnings
Posted Date: Thursday, August 18, 2016
Investors Title Co. reported record earnings for the second quarter. For the six months that ended June 30, 2016, net income increased 8.5 percent. Keep reading to learn more.
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FNC Title Services announces new location
Posted Date: Tuesday, August 9, 2016
FNC Title Services opened its newest location in Texas to provide real estate settlement services for reverse mortgage lenders and borrowers. Read on to learn more.
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Title industry behind in risk management
Posted Date: Thursday, August 18, 2016
By now, the title industry knows risk management is a necessary business practice, but how many have actually minimized the risk of claims, defalcations and financial loss? According to HA&W’s inaugural Title Industry Risk Management Survey, one in two agents do not have robust or mature risk management oversight.
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Fitch director: Title industry prepared to handle downturn
Posted Date: Thursday, August 18, 2016
A new report from Fitch Ratings says the title insurance industry remains well-capitalized, and that operational restructuring since the economic downturn has put the industry in position to withstand whatever the next downturn might be. Director Gerry Glombicki talked with The Title Report about how the industry has positioned itself to avoid future pitfalls. Read on for the details.
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Snapdocs offers upgraded, enhanced tech to title companies
Posted Date: Sunday, August 21, 2016
Snapdocs is rolling out Snapdocs Enterprise to address the specialized needs of high-volume, national title companies. CEO Aaron King told The Title Report the new technology is designed to help title companies manage multiple orders, find quality notaries and keep consumers in the loop through an electronic, drag-and-drop document delivery. Read on to learn more.
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New technology needs new behaviors, Simplifile says
Posted Date: Sunday, August 21, 2016
In its second whitepaper this summer, Simplifile said the adoption of new technology requires buy-in from the human element to be effective. The authors of “New technology requires new behaviors” said to make the most of the capital investment in technology, organizations should see technology adoption as a change management process. Read on to learn more.
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First American names new president of direct division
Posted Date: Sunday, August 14, 2016
First American Title Insurance Co. announced that one of its own will be promoted to the role of president of First American Title’s Direct Division effective Jan. 1, 2017. Current Direct Division President Curt Caspersen will help with the transition through the end of 2016 and will remain with the company through April 2018 before retiring. Read on to learn more.
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Holler Law firm names COO
Posted Date: Sunday, August 7, 2016
Holler Law Firm, LLC, named a new chief operating officer. In this role, he will be responsible for all aspects of the firms operations. Read on to learn more.
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OS National names new sales executive
Posted Date: Sunday, August 14, 2016
OS National, LLC, a nationwide provider of residential and commercial title and escrow services, named a new national sales executive. Keep reading to learn more.
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Many ‘positives’ in housing market, FAF chief economist says
Posted Date: Tuesday, August 23, 2016
First American Financial Corp. released First American’s Potential Home Sales model for the month of July 2016. Chief Economist Mark Fleming said low real house prices, increases in jobs, rising wages, low mortgage rates and greater credit availability are fueling consumer optimism about the housing market. Read on to learn more.
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NATC names new Texas president
Posted Date: Tuesday, August 23, 2016
North American Title Co. named a new president of the Texas region. He will oversee operations for the more than 20 NATC branches throughout Texas. Read on to learn more.
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Delinquencies, foreclosures continue to drop
Posted Date: Tuesday, August 23, 2016
The delinquency rate for mortgage loans decreased to the lowest level since the second quarter of 2006, according the Mortgage Bankers Association. Read on to learn more.
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Ellie Mae: Refinances rebound slightly
Posted Date: Tuesday, August 23, 2016
Refinances increased to 37 percent of all closed loans in July, up from 34 percent in June, according to the latest Origination Insight Report released by Ellie Mae. Read on to learn more.
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Study finds homeowners unprepared for disaster
Posted Date: Sunday, August 21, 2016
As disaster season peaks, a new national consumer survey commissioned by Trusted Choice and the Independent Insurance Agents & Brokers of America looked into whether homeowners had adequate insurance coverage for potential disasters. Read on to learn more.
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First American adds to direct division team
Posted Date: Sunday, August 21, 2016
First American’s new sales and marketing representative will focus on customer service to attorney and lenders partners in western New York. Read on to learn more.
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ePN adds 23 counties to eRecording network
Posted Date: Thursday, August 18, 2016
ePN added 23 jurisdictions to its eRecording network in Colorado, Connecticut, Georgia, Illinois, Michigan, Missouri, North Carolina, Wisconsin and Ohio. Read on to learn more.
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Industry had hand in MSA ban
Posted Date: Tuesday, August 16, 2016
Working hand in hand with the Colorado Division of Insurance, some title industry representatives helped push for a full ban on marketing services agreements (MSAs) for the title industry, local sources tell The Title Report. Read on for details of the ban, what companies who were in MSAs have to do next, and what Colorado agents have to say about the future.
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Realogy’s Title Resource Group sees positive second quarter
Posted Date: Tuesday, August 16, 2016
Realogy Holdings Corp, parent company of the Title Resource Group, reported its financial results for the second quarter. TRG saw a 23 percent increase in purchases and 14 percent increase in refinance transactions. Read on to learn more.
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CoreLogic: Foreclosures continue decline in June
Posted Date: Tuesday, August 16, 2016
CoreLogic released its June 2016 National Foreclosure Report, which shows the foreclosure inventory declined by 25.9 percent and completed foreclosures declined by 4.9 percent compared with June 2015. Keep reading to learn more.
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First National names Florida state manager
Posted Date: Tuesday, August 16, 2016
First National Title Insurance Co. named an industry veteran as Florida state manager. CEO and President Chris Phillips said his experience and knowledge of the Florida market is an essential component of the company’s growth strategy. Read on to learn more.
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Seriously underwater properties decline in Q2
Posted Date: Tuesday, August 16, 2016
ATTOM Data Solutions released its Q2 2016 U.S. Home Equity and Underwater Report, showing fewer seriously underwater properties than the previous quarter and the previous year. Read on to learn more.
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Colorado bans MSAs for title
Posted Date: Monday, August 15, 2016
The Colorado Division of Insurance has adopted a ban on marketing services agreements for title industry members, effective Aug. 15, and is believed to be the first state to institute an outright ban on the practice. Read on for the details.
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CSC adds three eRecording jurisdictions
Posted Date: Tuesday, August 9, 2016
Three counties are now electronically recording real estate documents through Corporation Service Co. (CSC). Keep reading to learn more.
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preDOCS integrates into ResWare
Posted Date: Tuesday, August 9, 2016
Adeptive announced ResWare now is integrated with NextDeal’s preDOCS product. Read on to learn more.
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WFG names chief marketing officer
Posted Date: Sunday, August 7, 2016
Williston Financial Group has promoted a professional from within to the position of chief marketing officer to spearhead its aggressive growth strategy. Read on to learn more.
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AmTrust Title names VP, New York agency manager
Posted Date: Sunday, August 7, 2016
AmTrust Title Insurance Co. named a title industry professional with more than 20 years of real estate experience, vice president, New York State agency manager. She will report directly to Jason Gordon, president of AmTrust Title. Read on to learn more.
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How has the title industry embraced technology?
Posted Date: Friday, August 5, 2016
In the five years since the Consumer Financial Protection Bureau opened its doors, the title industry has seen major shifts in the way it uses technology and the speed with which it has adopted it. Read on to see what Brady & Kosofsky’s Jamie Kosofsky, Winged Foot Title’s Chris Black and Real Estate Data Shield’s Chris Gulotta had to say about the shifts under the bureau’s authority.
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North American Title Co. opens California office
Posted Date: Tuesday, July 19, 2016
North American Title Co. (NATC) expanded its operations in Placer County in California with a new office location to serve the burgeoning West Roseville area. Keep reading to learn more.
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Millennials are the same, just different
Posted Date: Tuesday, July 19, 2016
This summer The Title Report was able to listen to entrepreneur and author Anne Grady. In her presentation at the Texas Land Title Association (TLTA) Annual Conference and Business Meeting, she said millennials are just as hardworking as previous generations, but their motivations are different.
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