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ALTA’s new maturity model deemed ‘useful tool’ by industry
Posted Date: Friday, July 8, 2016
Last month, the American Land Title Association tweaked its Title Insurance and Settlement Company Best Practices framework. Read on to learn what industry insiders had to say about these changes to The Title Report.
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Agents learn levels of preparation for vetting
Posted Date: Friday, July 8, 2016
Kicking off the 2016 National Settlement Services Summit were four educational sessions on lender oversight and third-party vetting preparations. Underwriters, title agents and lenders discussed different levels of standards and certifications for title agents to meet their lenders’ oversight standards. Read on for the details.
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Grow your business when business is not as usual
Posted Date: Tuesday, June 28, 2016
Agents need to take advantage of this chaotic time in the industry to make necessary changes to grow their companies. That was the message delivered during the National Settlement Services Summit (NS3) by Cynthia McGovern, founder of Orange Leaf Consulting, and Florida Agency Network CEO Aaron Davis in, “Business NOT as Usual.” Read on to learn more.
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Prepare now for eClosings
Posted Date: Thursday, June 30, 2016
eClosings may not be the easiest way to execute a transaction yet, but if agents don’t start preparing now, they will be behind their competitors when eClosings are broadly adopted. At the 2016 National Settlement Services Summit (NS3) a panel of speakers discussed what that entails. Read on to learn more.
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Relationships key to builder, Realtor business
Posted Date: Tuesday, July 12, 2016
Title agents, real estate agents and builders have many contact points, but the key to working together is the connection and relationship. New Homes Solutions Consulting founder Kimberly Mackey said at the 2016 National Settlement Services Summit (NS3) title agents need innovative ways to attract business from these industry partners. Keep reading to learn more.
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ALTA revises forms, public comment period open
Posted Date: Tuesday, July 12, 2016
The American Land Title Association’s (ALTA) Board of Governors approved recommendations to adopt, revise and decertify forms during a meeting June 9, 2016. These forms are currently in an industry comment period until July 29 and are subject to change. Read on to learn more.
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Cypress Data forms Florida HOA database
Posted Date: Friday, July 8, 2016
Cypress Data Services, Inc. launched a web-based database designed to assist in identifying condominium and homeowners’ associations affecting real estate throughout Florida. Read on for more details.
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A.M. Best, Fitch rate Stewart Title
Posted Date: Tuesday, July 5, 2016
A pair of credit rating agencies affirmed their ratings for Stewart Title, but one of them made a change to the rating outlook for the company. Read on for all the details.
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A.M. Best affirms rating of Investors Title
Posted Date: Tuesday, July 5, 2016
A.M. Best has affirmed the financial strength rating for Investors Title Co., Inc. The outlook for each rating is stable. Keep reading to learn more.
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Assurant acquires American Title
Posted Date: Tuesday, July 12, 2016
Assurant Inc., a provider of risk management solutions, acquired American Title Inc. (ATI). It now will operate as part of Assurant Mortgage Solutions business lines. Read on to learn more.
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Black Knight Financial Services acquires Motivity Solutions
Posted Date: Tuesday, June 28, 2016
Motivity Solutions will provide Black Knight clients with business intelligence capabilities. It will be integrated with Black Knight's LoanSphere Product Suite, including the LoanSphere Data Hub. Keep reading to learn more.
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Pavaso achieves SOC 1 certification
Posted Date: Tuesday, June 28, 2016
Pavaso, Inc. has passed its Service Organization Control 1 audit for the Digital Close platform. This is the second SOC certification for Pavaso, as the company’s data center has already been SOC 2 certified. Read on to learn more.
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Napa County eRecording with DPS
Posted Date: Thursday, June 30, 2016
Napa County, Calif. electronically recorded closing documents for the first time with DPS, a nationwide recording company. Read on to learn more.
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Landtech announces integrations
Posted Date: Tuesday, June 28, 2016
NextDeal and Alliant National Title Insurance Co. have integrated with Landtech. Alliant National Chief Operating Officer David Sinclair said this new integration with Landtech makes things much easier for our agents. Keep reading to learn more.
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RamQuest Inc. now integrated with NextDeal
Posted Date: Tuesday, June 28, 2016
RamQuest, Inc. announced its Closing Market digital network now is integrated with NextDeal’s preDocs. preDOCS automates the electronic delivery of opening packages for review, completion and eSignature by both buyers and sellers. Keep reading to learn more.
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Westcor names chief operating officer
Posted Date: Friday, July 8, 2016
Westcor Land Title Insurance Co. promoted one of its own to chief operating officer. He will oversee the operating divisions of the company’s core business to include regional operations, the national agency division and the lender services division. Read on to learn more.
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Alliant names associate underwriting counsel
Posted Date: Friday, July 8, 2016
Alliant National Title Insurance Co. named an associate Florida underwriting counsel. She said she is very excited to join Alliant National. Read on to learn more.
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Stewart names business development director
Posted Date: Tuesday, July 5, 2016
Stewart Title appointed a business development officer for Stewart Title Commercial Services’ Baltimore division. Keep reading to learn more.
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Chicago Title names senior vice president and regional manager
Posted Date: Tuesday, June 28, 2016
Chicago Title Insurance Co. named a senior vice president and regional manager. In this new position he will oversee the company’s services to real estate clients in the Chicago Metropolitan market. Keep reading to learn more.
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ClosingCorp names chief innovation officer
Posted Date: Tuesday, July 12, 2016
ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries named a chief innovation officer. He will be charged with exploring and driving innovative solutions impacting the business and industry segments. Read on to learn more.
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Survey: We don’t trust our financial services provider
Posted Date: Friday, July 8, 2016
Based on a recent Market Strategies International study, 31 percent of American households feel obliged to do business with one or more financial services companies they distrust. Market Strategies’ national omnibus study explored trust in a variety of financial services product categories. Keep reading to learn more.
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Refinances increase 21 percent in a week, MBA says
Posted Date: Thursday, July 7, 2016
Refinance applications increased 21 percent to their highest level since January 2015, according to the latest Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Read on to learn why.
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Simplifile staffs up to support mortgage lender initiatives
Posted Date: Tuesday, July 5, 2016
Simplifile has made several new hires to better support its mortgage lending clients and product lines. President Paul Clifford said the company has seen a growing interest from lenders in the company’s collaboration and post-closing solutions and responded by adding new talent. Read on to learn more.
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Economic growth steady, Fannie Mae says
Posted Date: Tuesday, July 5, 2016
Fannie Mae’s Economic and Strategic Research Group’s full-year economic growth forecast remains unchanged in June. Recent data emphasize the uneven nature of the current economic expansion, according to the forecast. Read on to learn more.
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NATIC announces new team members
Posted Date: Thursday, June 30, 2016
North American Title Insurance Co. has announced the hiring and promotion of its newest team members. These include two state managers and an affiliate account manager. Read on to learn more.
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National Foreclosure Inventory Down 23.4 percent
Posted Date: Thursday, June 30, 2016
CoreLogic released its April 2016 National Foreclosure Report showing the foreclosure inventory declined by 23.4 percent and completed foreclosures declined by 15.8 percent compared with April 2015. Read on to learn more.
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