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May 6, 2013
The Title Report Print Edition
May 6, 2013

For the past three years, the editors of The Title Report have surveyed hundreds of title agents to produce the Voice of the Title Agent Survey and provide critical insight and a common outlet to discuss top agent issues. This year, nearly 400 agents responded to the survey, reporting a largely positive outlook for 2013, but sharing concerns as well about the market, vetting and security, industry relationships, and operations.



Download the 2013 Voice of the Title Agent now
Posted Date: Monday, May 06, 2013


Mortgage banker and world-wide ‘edutainer’ to deliver powerful keynotes
Posted Date: Thursday, May 02, 2013
October Research, LLC is pleased to announce it has selected a high-profile mortgage banker and a world-renowned business author to deliver keynotes at the 2013 National Settlement Services Summit, to be held in Cleveland, Ohio, June 10-12 at the Marriott at Key Center. 

LPS: Non-current mortgage inventory at lowest level is five years
Posted Date: Friday, April 26, 2013
Lender Processing Services, a provider of integrated technology, data and analytics to the mortgage and real estate industries, reported the following look at March 2013 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market.

Voice of the Title Agent: Plenty of optimism about business in 2013
Posted Date: Friday, April 26, 2013
The 2013 Voice of the Title Agent report is being prepared this week for its May 6 debut, but we wanted to give a sneak peek at some of the interesting results from the survey. Maybe the most notable takeaway this year: In terms of business success, our respondents are the most positive they have ever been. Read on for what our respondents had to say.

Title insurance companies – Smart banking post-recession
Posted Date: Friday, April 26, 2013
Following the challenging days of the 2008 collapse, title companies found themselves impacted by a perfect storm of consequences: an increase in claims, slowed government searches of records, transactional drop-offs, increased competition and rising purchases by investor groups more likely to use the services of real estate attorneys and brokers.  In such a climate, title companies have needed to be astute with regard to their banking relationships – seeking bankers who provide security, responsivenes

CoreLogic acquires Case-Shiller from Fiserv
Posted Date: Friday, April 26, 2013
CoreLogic, a residential property information, analytics and services provider, announced the acquisition of Case-Shiller from Fiserv Inc. in conjunction with first quarter 2013 CoreLogic earnings results on April 24. The acquisition closed on March 20.

Title Source hiring additional 250 employees for new location
Posted Date: Friday, April 26, 2013
Title Source announced it will be locating an additional 550 people to the burgeoning technology district at Campus Martius in downtown Detroit, including 250 new, full-time team members and 100 summer interns.

Western Region Report: Portland hit high mark in December, now on decline
Posted Date: Friday, April 26, 2013
The volume of total dollars insured in Portland, Ore., (Multnomah County) has been trending generally upward over the past 12 months, with a downward trend over the past 2 months, according to DataQuick in this month’s Western Region Report. Check out the chart of activity as well as the top three title businesses in the county by market share gains.

Mortgage applications stay steady from previous week
Posted Date: Thursday, April 25, 2013
Mortgage applications showed little movement from the prior week, according to the Mortgage Bankers Association’s Mortgage Applications Survey for the week ending April 19. The Market Composite Index, a measure of mortgage loan application volume, increased 0.2 percent on a seasonally adjusted basis from one week earlier.

Old Republic net premium up nearly 30 percent from last year
Posted Date: Thursday, April 25, 2013
Old Republic International Corp. showed further momentum in its title insurance segment while questions linger about the run off of its mortgage insurance subsidiary. Title insurance registered a triple-digit improvement in operating earnings, while the combined mortgage guaranty and consumer credit indemnity run-off segment produced much lower losses.

First American revenue, premium rise despite commercial claims hit in Q1
Posted Date: Thursday, April 25, 2013
First American Financial reported increases in revenue and agent premium and shifts in order mix toward higher premium resale transaction in its first quarter 2013 earnings report. The positive returns were somewhat tempered by a few large commercial title claims that required a reserve strengthening.

Stewart shows $15M net earnings increase year over year
Posted Date: Thursday, April 25, 2013
Stewart Information Services Corp. showed positive net earnings in the first quarter this year, compared to a $12 million net loss in the prior-year period as revenues were up across the board and the company’s claims experience continues to decline.

Westcor grows national lender services division with new SVP hire
Posted Date: Thursday, April 25, 2013
Westcor Land Title Insurance Co. added a senior vice president of business development to its national lender services division who arrives from First American Mortgage Services. Read on for more about this latest addition.
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