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Finding the right candidates in recruitment process: Part 1
Posted Date: Tuesday, May 31, 2016
Recruitment in the title insurance industry isn’t always easy. New hires often come from industry partners or through family members. Two companies have taken creative approaches to the practice. Read on to learn more.
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Fidelity posts higher title revenues, earnings
Posted Date: Tuesday, May 3, 2016
Revenue and earnings from Fidelity’s title insurance group rose in the first quarter from a year ago, with Chairman Bill Foley calling the results a solid start to “another successful year for FNF.” Read on for more details.
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Old Republic title earnings ‘better than anticipated’
Posted Date: Tuesday, May 3, 2016
Old Republic reported first quarter earnings that showed gains in its title insurance group from a year ago, prompting Chairman and CEO Al Zucaro to say the unit’s performance was “better than we anticipated.” Read on to see how strong of a start to 2016 Old Republic reported.
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Professional Lien Search to become PropLogix
Posted Date: Thursday, May 5, 2016
The team at Professional Lien Search is reintroducing the company as PropLogix. Its new slogan is PropLogix: Real Property. Real Solutions. CEO Tim Healy said there was more the company could do for its customers in addition to lien searches, but the original name didn’t reflect that. Keep reading to learn more.
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WFG releases state of the company report
Posted Date: Tuesday, April 26, 2016
Williston Financial Group (WFG) is the sixth-largest title insurer by market share, according to 2015 data compiled by the American Land Title Association, and the company recently released its State of the Company Report. The report details WFG’s focus on compliance, its top five risks targeted by management, and its dedication to information technology. Read on for details from the report.
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MCS forms MCS Solutions, names COO
Posted Date: Tuesday, April 26, 2016
Mortgage Contracting Services, LLC (MCS) has formed MCS Solutions to incorporate the company’s valuations, title services and steel security product line. The company’s former senior vice president was promoted to chief operation officer of the new division. Read on to learn more.
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Iberiabank title revenues rise in first quarter
Posted Date: Thursday, April 28, 2016
Iberiabank Corp., which has 22 title insurance offices within its financial holding company, reported its title revenue in the first quarter of 2016 rose from a year earlier.However, title revenues did slow nearly 13 percent from the fourth quarter of 2015. Keep reading to learn more.
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Latter & Blum merges with Donnie Jarreau Real Estate
Posted Date: Sunday, May 8, 2016
Latter & Blum, which operates Platinum Title among its family of companies, announced a merger with Louisiana-based Donnie Jarreau Real Estate. Read on for more about the transaction.
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Baird and Warner acquires Brush Hill Realtors
Posted Date: Sunday, May 8, 2016
Baird and Warner acquired Illinois-based Brush Hill Realtors. This partnership between two independent real estate brands will enable the companies to combine their existing presence across Chicagoland, the companies announced. Read on for the details.
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Ellie Mae revenues soar, raises forecast for full year
Posted Date: Thursday, May 5, 2016
Ellie Mae reported revenues increasing 36 percent in the first quarter from a year ago, and saw the strong business in the first quarter as a reason to increase its guidance for the full year. Read on for the details and the reaction from CEO Jonathan Corr.
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Black Knight CEO reports strong start to 2016
Posted Date: Thursday, April 28, 2016
Black Knight Financial Services announced higher revenues and adjusted earnings for the first quarter from a year ago, and talked about the status of its Closing Insight portal. Read on for all the details.
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Cyberrisk assessment necessary to M&A process
Posted Date: Tuesday, April 26, 2016
During the merger and acquisition (M&A) process, companies look at the financials and corporate cultures during the transaction. CrowdStrike Director of Proactive Services Justin Weissert told The Title Report that boards of directors are beginning to understand cyberrisk and are being proactive, but he doesn’t see that attention on the M&A side. Keep reading to learn more.
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HUD makes funds available to affordable housing plans
Posted Date: Sunday, May 8, 2016
The Department of Housing and Urban Development (HUD) announced it has awarded and allocated more than $180 million to affordable housing projects and groups across the country. Read on to see where HUD is putting its money, and what it hopes to gain from the efforts in the housing market.
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Simplifile, Landtech integration streamlines eRecording
Posted Date: Thursday, May 5, 2016
Simplifile and Landtech Data Corp. have joined forces. Settlement service providers now can submit and pay for their eRecording documents using Simplifile without leaving the Landtech system. Keep reading to learn more.
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Beauregard Parish now eRecording
Posted Date: Tuesday, April 26, 2016
Corporation Service Co. (CSC) is now an approved eRecording vendor for the Beauregard Parish Clerk’s office. Clerk of Court Brian Lestage said he always is looking for better, more efficient way to serve the citizens. Read on to learn more.
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NextDeal hires ‘technology guru’
Posted Date: Thursday, April 28, 2016
NextDeal named a vice president of NextDeal Consulting. CEO Robert Reich said he is a true technology in the title industry, with years of hands-on experience. Keep reading to learn more.
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Priority Title names EVP, general counsel
Posted Date: Sunday, May 8, 2016
Priority Title & Escrow welcomed a new executive vice president and general counsel. He will extend the company’s reach into new markets growing its footprint. Read on for the details.
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Greater Maryland Title gets director of sales and marketing
Posted Date: Thursday, April 28, 2016
Title Alliance’s Greater Maryland Title named a director of sales and marketing. She will assist with real estate related legal questions to conduct closings, teach classes and lead lunch and learns while keeping their clients abreast of industry/legal updates. Read on to learn more.
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Title Financial Corp. names Southern Idaho regional manager
Posted Date: Tuesday, May 3, 2016
Title Financial Corp. named a Southern Idaho regional manager for its First American Title Co. operation. President Jay Williams said he is going to be a great resource to managers working directly with him as well as the company as a whole. Read on to learn more.
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Fidelity adds assistant vice president
Posted Date: Thursday, May 5, 2016
Fidelity Title Group named an assistant vice president for agency education and development in north and central Florida. Read on for details of the hiring.
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Ernst names director of project management
Posted Date: Thursday, April 28, 2016
Ernst Publishing Co. announced an industry veteran has joined the company as director of the project management office. He will manage project management company-wide. Read on to learn more.
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CoreLogic report shows home prices up in March
Posted Date: Sunday, May 8, 2016
CoreLogic Home Price Index (HPI) and HPI Forecast data for March 2016 shows home prices are up both year-over-year and month-over-month. CoreLogic Chief Economist Frank Nothaft said housing helped keep U.S. economic growth afloat in the first quarter of 2016, as residential investment recorded its strongest gain since the end of 2012. Read on to learn more.
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Iberiabank Corp. says title revenue grew in quarter
Posted Date: Thursday, May 5, 2016
Iberiabank Corp., which has 22 title offices in Arkansas and Louisiana, reported that its revenue from title rose in the first quarter from a year earlier. The company overall reported earnings within its guidance range and exceeding analysts’ expectations. Read on for more.
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NS3 Preview: How to build a better relationship with your partners
Posted Date: Thursday, May 5, 2016
This year at the National Settlement Services Summit (NS3) New Homes Solutions Consulting founder Kimberly Mackey will be speaking at the “Title Agents, Realtors and Builders: Why Can’t We Just Get Along?” session 2:10 p.m. Tuesday, June 7. She will be talking about the importance of the maintaining the long-term relationship with Realtors and builders to drive sales and grow your business.
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Banks tighten standards for commercial
Posted Date: Thursday, May 5, 2016
The April 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices conducted by the Federal Reserve addressed changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. This summary discusses the responses from 70 domestic banks and 22 U.S. branches and agencies of foreign banks. Read on to learn more.
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RealtyTrac releases cash homebuyers report
Posted Date: Tuesday, May 3, 2016
RealtyTrac released its Q1 2016 U.S. Cash & Institutional Investor Housing Market Report, showing all-cash buyers of single-family homes and condos nationwide paid less per square foot than all homebuyers, but that cash buyers in some local housing markets paid a premium price per square foot. Keep reading to learn the details.
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U.S. commercial property values see uptick in growth
Posted Date: Tuesday, May 3, 2016
The latest Ten-X Commercial Real Estate (CRE) Nowcast reveals that commercial valuations increased in April, both from a month earlier and a year ago. Valuations now are back above their year-end 2015 level. Read on for the details.
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NS3 Preview: Attorneys to discuss RESPA, ethics, reverse vendor oversight
Posted Date: Friday, April 29, 2016
Title agents and attorneys are expected to adhere to the highest ethical standards, especially given Dodd Frank’s ban on unfair, deceptive or abusive acts or practices, which gave the CFPB broad authority to root out questionable activities. This will be the topic of a highly engaging ethical discussion at this year’s National Settlement Services Summit, led by Charles Cain and Marx Sterbcow. See more here.
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Expect housing to maintain momentum, Freddie Mac says
Posted Date: Tuesday, April 26, 2016
Freddie Mac released its monthly Outlook for April showing that although recent data darkened the growth outlook for the first quarter, housing is expected to maintain its momentum in 2016 and be an economic engine of growth. Keep reading to learn more.
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HUD, Census Bureau report March residential sales
Posted Date: Tuesday, April 26, 2016
The Department of Housing and Urban Development and the U.S. Census Bureau released their report on new residential sales in March. The median sales price of new houses sold in March 2016 was $288,000. Read on to learn more.
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