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Tribal lands bring unique experiences to title work
Posted Date: Thursday, November 19, 2015
In honor of Native American Heritage Month, The Title Report reached out to a nationally recognized expert in real estate and project development on tribal lands to find out what makes working on tribal lands different than regular business. In the first of our two-part story, we see why it can be difficult to conduct a title search in Indian country. Read on for the details.
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California Credit Union opens title insurance company
Posted Date: Friday, November 6, 2015
A new California-based title insurance company was launched by a credit union to serve its membership, as well as mortgage bankers and institutional lenders throughout the state. California Members Title Insurance Co. (CMTIC) is an independent company owned by California Credit Union. Keep reading to learn more.
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Lincoln Abstract creates title, closing franchise
Posted Date: Friday, November 6, 2015
Lincoln Abstract & Settlement Services announced it has created first the title and closing franchise. It is designed as a solution for independent title agencies facing mounting compliance and IT security cost obligations because of new and increasing regulations. Read on to learn more.
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Title Midwest, Inc. completes acquisitions
Posted Date: Sunday, November 15, 2015
Title Midwest, Inc. in Kansas acquired the assets of four new title offices. CEO John Stauffer said he is fortunate to add these offices and employees to the company’s growing operations. Read on to learn more.
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LandStar Title Agency partners with Accord Abstract
Posted Date: Tuesday, November 10, 2015
LandStar Title Agency, a New York based title insurance provider licensed in NY, NJ and FL offering both commercial and residential title insurance, announced a strategic alliance with Accord Abstract. The Accord Abstract president said he will have the ability to offer his clients the top underwriters in the country, the latest in electronic recording capabilities and an enhanced client-focused experience. Read on to learn more.
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Florida Agency Network opens new HQ, earns SOC
Posted Date: Tuesday, November 10, 2015
Florida Agency Network, a network of independent agencies providing title services in 30 locations across the state, will expand its headquarter operations in Plant City. The company also announced its completion of the SSAE 16, SOC 2 Type 1 examination. Read on to learn more.
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Bay National opens Lake Mary office
Posted Date: Tuesday, November 17, 2015
Bay National Title Co. opened a new title insurance office in Lake Mary, Fla., on Nov. 1, 2015. It will offer underwriting and closing services for home buyers, lending institutions and real estate agents. Read on to learn more.
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NextDeal successfully completes SOC 2 examination
Posted Date: Tuesday, November 10, 2015
NextDeal has successfully completed a SOC 2 Type II examination for its DigitalDocs Hosting and Automated Marketing System and SafeSend email encryption platform. The company retained international business advisory firm Skoda Minotti for its SOC audit work. Keep reading to learn more.
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Fitch releases Stewart rating
Posted Date: Thursday, November 12, 2015
Fitch Ratings declared Stewart’s outlook as stable in its latest announcement. This reflects the company’s solid capitalization, modest financial leverage and its position in the market. Read on to learn more.
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Fidelity National Financial rating stable, says Fitch
Posted Date: Sunday, November 15, 2015
Fitch Ratings affirmed Fidelity National Financial’s title insurance operating company Insurer Financial Strength ratings and Issuer Default Ratings. The Rating Outlook is stable. Keep reading to learn more.
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First American outlook stable, Fitch says
Posted Date: Sunday, November 15, 2015
Fitch Ratings has affirmed the Issuer Default Rating (IDR) of First American Financial Corporation (FAF) and the Insurer Financial Strength (IFS) rating. The Rating Outlook for all ratings is stable. Read on to learn more.
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Has TRID increased interest in eRecording?
Posted Date: Tuesday, November 10, 2015
Simplifile has experienced an eRecording boom over the last few weeks. When asked why that would be its Vice President of Regulatory and Industry Affairs Mark Ladd told The Title Report TRID may be a factor in the increased interest. Read on to learn more.
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Res/Title completes integration with Calyx
Posted Date: Friday, November 6, 2015
Res/Title announced its integration with Calyx’s LOS systems effective Nov. 2. The integration allows Calyx Point users to access and utilize Res/Title’s resources without leaving their loan origination systems. Keep reading to learn more.
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Freddie Mac, Ellie Mae partner to enhance technology
Posted Date: Tuesday, November 10, 2015
Ellie Mae entered into a partnership with Freddie Mac to integrate components from Freddie Mac’s Loan Advisor Suite into Encompass, Ellie Mae’s all-in-one mortgage management solution. Ellie Mae and Freddie Mac will assess future integration opportunities as new Loan Advisor Suite components are introduced. Keep reading to learn more.
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LodeStar integrates, partners with portal
Posted Date: Thursday, November 12, 2015
LodeStar Software Solutions integrated with BeesPath’s ClosingBridge for initiating closing collaboration directly with title order delivery. It also will be an authorized reseller of the system. Read on to learn more.
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Ellie Mae integrates mortgage information and guidelines
Posted Date: Sunday, November 15, 2015
Ellie Mae has integrated AllRegs mortgage information and guidelines into Encompass, Ellie Mae’s all-in-one mortgage management solution. The integration is part of a multi-phased effort to make AllRegs guideline and compliance content seamlessly accessible to users of Encompass. Keep reading to learn more.
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First Community Mortgage chooses TRID solution
Posted Date: Thursday, November 12, 2015
First Community Mortgage Inc., a full-service retail, wholesale and correspondent lender based in Murfreesboro, Tenn., has chosen a vendor and its collaboration services to aid them and their settlement agents in meeting the CFPB’s TRID rule. It will be able to share fees and documents to meet Closing Disclosure and final documents timelines and requirements. Read on to learn more.
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FirstClose releases ‘The Intelligence Engine’
Posted Date: Thursday, November 12, 2015
First Lenders Data, Inc. has filed for patent pending rights to the company’s software as a service, The FirstClose Report. It is designed to streamline vendor management order and delivery protocols and automate settlement service ordering. Read on to learn more.
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Stewart Title partners with zipLogix
Posted Date: Tuesday, November 17, 2015
Stewart Title and zipLogix, a forms software provider and partner to the National Association of Realtors, formed a strategic partnership to offer Realtors title and escrow service ordering from within zipForm. Keep reading to learn more.
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reQuire grows account management team
Posted Date: Friday, November 6, 2015
reQuire added to its account management team in the southwest region. The new hire will be responsible for bringing the company’s tracking solution to its existing and future title industry partners in Arizona, Colorado, New Mexico, Nevada and Utah. Read on to learn more.
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Alliant National Title Insurance Co. appoints compliance officer
Posted Date: Sunday, November 15, 2015
Alliant National Title Insurance Co., appointed a regulatory compliance officer and vice president. She will provide guidance on regulatory requirements for compliance with applicable title insurance laws and also be tasked with spearheading research and analysis. Read on to learn more.
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Alliant National Title names SVP, deputy general counsel
Posted Date: Friday, November 6, 2015
Alliant National Title chose one of its own to serve as deputy general counsel and senior vice president. The promotion comes as she prepares to mark 20 years in the title insurance industry. Read on to learn more.
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Existing home sales on track for expansion
Posted Date: Tuesday, November 17, 2015
Existing-home sales are expected to increase in 2016 at a moderate pace, according to an economic forecast forum at the 2015 Realtors Conference & Expo. National Association of Realtors Chief Economist Lawrence Yun said sales activity in 2016 will be driven primarily by the ongoing release of more pent-up sellers finally realizing equity gains. Read on to learn more.
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Conduct, respect vital for work on tribal lands
Posted Date: Monday, November 23, 2015
In honor of Native American Heritage Month, The Title Report reached out to a nationally recognized expert in real estate and project development on tribal lands to find out what makes working on tribal lands different than regular business. In the second of our two-part story, we gain insights into the personal relationships needed to properly conduct business on tribal lands. Read on for the details.
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Commercial and multifamily mortgages up in third quarter
Posted Date: Tuesday, November 17, 2015
According to the Mortgage Bankers Association, third quarter 2015 commercial and multifamily mortgage loan originations were 12 percent higher than during the same period last year and 3 percent higher than the second quarter of 2015. MBA Vice President of Commercial Real Estate Research Jamie Woodwell said increases in lending volumes are expected to continue. Read on to learn more.
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Foreclosures increase 12 percent in October, says RealtyTrac
Posted Date: Sunday, November 15, 2015
According to RealtyTrac’s latest report, the October monthly increase in foreclosures was the largest month-over-month increase since August 2011. Despite this, foreclosure starts in October were still down 14 percent from a year ago. Read on to learn more.
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Live coverage: Lessons learned from Florida agents
Posted Date: Thursday, November 12, 2015
Florida agents gathered in Delray Beach, Fla., for the annual Florida Land Title Association (FLTA) convention had plenty of broad topics to discuss and learn about over three days – from the TILA-RESPA Integrated Disclosure (TRID) rule implementation to compliance and third-party vendor management – as well as statewide issues that brought passionate discussion, such as the status of an FLTA-sponsored estoppel bill. The Title Report was represented at the event; read on for highlights from the floor.
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First American launches Homeownership Progress Index
Posted Date: Thursday, November 12, 2015
Although the Homeownership Progress Index has fallen nationally in the last year, it is important to note the trends and relationship between the underlying factors influencing homeownership rates, according to First American Chief Economist Mark Fleming. To address this, the company released a new report tracking these numbers. Read on to learn more.
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Home sellers realize high average price gain, RealtyTrac says
Posted Date: Tuesday, November 10, 2015
Homeowners who sold during the third quarter realized an average price gain of 17 percent from the purchase price of their property. This is the highest average price gain for home sellers since the third quarter of 2007, according to RealtyTrac’s September and Q3 2015 U.S. Home Sales Report. Read on to learn more.
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Landtech founder, president passes away
Posted Date: Friday, November 6, 2015
Landtech Data Corp. Director of Sales and Marketing Benjamin Bell announced Edward Wyatt Bell, founder and president of Landtech Data Corp., has passed away. Read on to learn more.
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