|
Wanted: Action to improve small-business economy
Posted Date: Thursday, March 9, 2017
Testifying before a congressional subcommittee, a National Federation of Independent Business executive said small-business owners are more optimistic since the election.
However, she said that optimism will fade if Congress doesn’t curb taxes, regulations and healthcare costs.
Read on for more details about the state of the small-business economy in the country.
|
|
|
First American remembers CoreLogic CEO
Posted Date: Tuesday, March 7, 2017
Less than three weeks after being granted a temporarily medical leave of absence from CoreLogic, former longtime First American Financial Corp. executive Anand Nallathambi, 55, has died.
First American’s CEO and chairman recalled Nallathambi to The Title Report, remembering him as an “icon” in the real estate industry.
From its inception in 2010, Nallathambi led CoreLogic. Prior to that, he’d spent almost two decades at First American.
Read on for more details about Nallathambi’s career at First American and CoreLogic.
|
|
|
Housing demand should extend industry momentum
Posted Date: Friday, March 3, 2017
An A.M. Best analyst said higher wages and lower unemployment in 2017 should bode well for title insurers.
Those factors, the analyst said, could offset rising mortgage rates, which some fear will put the brakes on refinances and single family home sales.
Read on for details on the factors influencing this positive outlook.
|
|
|
reQuire completes Deeds on Demand purchase
Posted Date: Thursday, March 9, 2017
Deeds on Demand will be merged with reQuire Real Estate Solutions, a wholly owned subsidiary of Require Holdings, LLC.
The Internet-based company is the one of several acquisitions made by Require Holdings in the past year.
Read on for more information on how this purchase fits with the company’s growth strategy.
|
|
|
Title Resource Group drives Realogy's profits
Posted Date: Friday, February 24, 2017
Realogy Holdings Corp.’s Title Resource Group (TRG) 2016 results saw revenue and profits that led a strong year for Realogy.
Realogy overall saw a 2 percent increase in revenue, driven by organic and acquisition revenue increases at TRG. Realogy’s CEO told analysts the title and settlement services division will continue to scout possible acquisitions throughout 2017.
Read on for more financial details from the latest report.
|
|
|
Small businesses 'drowning' in regulations
Posted Date: Friday, February 24, 2017
Nearly half of all small-business owners surveyed by the National Federation of Independent Business call government regulations a serious burden.
Three in 10 small business owners say the regulations are of no value to customers or consumers.
Read on to learn why businesses believe the volume of regulations may be a job killer.
|
|
|
Attorneys Title reports best year since 2004
Posted Date: Tuesday, March 7, 2017
Net profits for Attorneys Title Guaranty Fund in 2016 reached their highest level since 2004.
The company’s president said reduced claims and expansion turned a loss in 2015 into a huge gain in 2016, despite an overall reduction in total revenues from a year earlier.
Read on for more details from the company’s financial report and how the company was able to turn around business in a year.
|
|
|
Black Knight profits up 129 percent
Posted Date: Thursday, February 23, 2017
Black Knight Financial Service, Inc. reported 2016 increases in revenues and net income, with profits growing 129 percent from the previous year.
Two years after being spun off from Fidelity National Financial, Black Knight is scheduled to become fully independent later this year.
Read on for more details about the company’s 2016 performance.
|
|
|
IBERIABANK title revenues decline
Posted Date: Friday, March 3, 2017
IBERIABANK Corp. reported increases in profits and core earnings in 2016, despite a slight decline in its title business. The company has 24 title insurance offices in Arkansas and Louisiana.
The holding company also agreed to acquire Sabadell United Bank, which will bolster its presence in South Florida.
Read on for details of the company’s year-end earnings and recent purchase.
|
|
|
Old Republic expands board
Posted Date: Friday, February 24, 2017
The Board of Directors of Old Republic International Corp. has appointed a retired executive from PricewaterhouseCoopers as independent director.
The company’s new board member has more than three decades of audit and business-advisory experience.
Read on for more details about the addition.
|
|
|
TitleSmart moves its headquarters
Posted Date: Thursday, March 9, 2017
TitleSmart will host a ribbon-cutting ceremony to mark both its 10th anniversary and new headquarters location in May.
Read on for more details.
|
|
|
Stewart, ClosingCorp link networks
Posted Date: Thursday, March 9, 2017
Lenders using ClosingCorp’s SmartFees now have access to Stewart’s rates and fees.
The integration will allow lenders to obtain information directly from Stewart, helping lenders accurately estimate title rates and fees for consumers, a Stewart official said.
Read on for details of how the integration will assist in preparing Loan Estimates and other closing documents.
|
|
|
First American Mortgage debuts management system
Posted Date: Thursday, February 23, 2017
First American Mortgage Solutions, LLC, a subsidiary of First American Financial Corp., has introduced a collateral file management system designed to mitigate risks by identifying and curing imperfections.
First American says users also will benefit from resources it gained with last year’s purchase of TD Service Financial Corp.
Read on for more details about the new product.
|
|
|
CoreLogic introduces Property Tax Estimator
Posted Date: Tuesday, March 7, 2017
Property Tax Estimator is designed to improve the accuracy of Loan Estimates during the origination process.
The product is billed as the first comprehensive, automated source of property tax estimates.
Read on to learn why CoreLogic said the new product is particularly useful for certain market segments.
|
|
|
Ellie Mae incorporates Indecomm technology
Posted Date: Thursday, February 23, 2017
Indecomm Global Service’s income calculation and analysis platform now is available through Ellie Mae’s Encompass. Read on for more details.
|
|
|
Premium Title integrates LendingQB
Posted Date: Friday, February 24, 2017
LendingQB’s loan origination system (LOS) now is available to Premium Title clients. The LOS will help customers get title and settlement quotes faster.
Read on to learn more.
|
|
|
OurRecords compliance management system integrates
Posted Date: Friday, March 3, 2017
OurRecords has been integrated with North American Title Co. to ensure business partners are in compliance with Consumer Financial Protection Bureau regulations, the companies said.
Read on for more details.
|
|
|
Fannie Mae selects eOriginal for eVault
Posted Date: Thursday, March 9, 2017
Fannie Mae will secure eNotes through eOriginal’s cloud-based platform. The announcement coincides with the move to a SMART Doc version of an eNote format this year.
Read on for more details.
|
|
|
ePN network adds 25 counties
Posted Date: Tuesday, March 7, 2017
New additions to ePN’s network of eRecording counties span 13 states.
Read on for more details.
|
|
|
|
Cyberattacks top list of business fears
Posted Date: Thursday, February 23, 2017
For the first time in the Horizon Scan Report’s history, businesses cited uncertainty about new laws and regulations as a top concern to their business continuity, although cyberattacks remained the top threat businesses face.
The study’s authors say the findings underscore the need for businesses to plan accordingly.
Read on to learn what other threats most concern businesses.
|
|
|
Hillsborough Title names president
Posted Date: Friday, March 3, 2017
Hillsborough Title Family of Companies has promoted a veteran who has served in various capacities within the company.
She has been with the company for 10 years before being announced as the new president.
Florida Agency Network CEO Aaron Davis said the move was “a natural fit and progression” for her.
Read on for more details about the promotion.
|
|
|
Title Alliance appoints Arizona state manager
Posted Date: Thursday, February 23, 2017
Title Alliance’s new Arizona state manager has more than four decades of experience.
Read on to learn why he and Title Alliance say the hiring is a good fit.
|
|
|
AmTrust hires New York agency manager
Posted Date: Friday, February 24, 2017
AmTrust Title Insurance Co. taps a company veteran to grow its business throughout the Empire State
Read on for more details.
|
|
|
ClosingCorp names senior VP
Posted Date: Friday, February 24, 2017
ClosingCorp’s new senior vice president is a former executive from Black Knight Financial Services, Inc.
Read on for more details.
|
|
|
Loan originations at highest level in three years
Posted Date: Thursday, March 9, 2017
A report from ATTOM Data Solutions said the increase in loan originations was driven by refinances.
Read on to learn which areas had the largest increases/decreases in loan originations.
|
|
|
Home inventory shortage causing ‘matching-trap’
Posted Date: Thursday, February 23, 2017
A First American Financial Corp. economist said January’s housing market was stifled by the small inventory of available homes.
Read on to see how January 2016 compared with other months.
|
|
|
Millennials drove January housing market
Posted Date: Tuesday, March 7, 2017
According to Ellie Mae, eight out of 10 mortgages issued during January were leveraged by millennials, and the group’s average closing time increased.
Read on for more details.
|
|
|
Loan defects up in January
Posted Date: Friday, March 3, 2017
An economist with First American Financial Corp. said an increase in problematic mortgage applications in January was because of the declining share of refinances.
Read on for more details.
|
|
|
Builder confidence down in February
Posted Date: Friday, March 3, 2017
The National Association of Home Builders said a dip in homebuilder confidence in February was because of less buyer traffic and fewer developed lots.
Read on for more details.
|
|
|
Home prices up in January
Posted Date: Friday, March 10, 2017
CoreLogic said fewer homes on the market and low rental vacancy rates edged home prices higher.
Read on for more details.
|
|