Industry News

W.J. Bradley Mortgage Capital LLC, a privately held mortgage banking firm, made two big announcements that propelled its position in the mortgage lending ranks. One move in particular pushed the company to status as the fourth-largest independent mortgage lending firm in the country.

Nationwide Title Clearing, Inc., a post-closing services provider for the residential mortgage industry, has released a new white paper that outlines its 10 top issues that mortgage loan servicers must consider when undertaking the lien release, the last step in the mortgage loan servicing process.

As one of the nation’s largest providers of title insurance and escrow services, Fidelity National Title Group NY Agency is launching “Total Access,” a business-building program that provides top agents with direct access to Fidelity Title Group’s staff, tools and resources.

RealtyTrac announced that Southern California real estate powerhouse Prudential California Realty was selected as the first member of the RealtyTrac Network, a licensed network available to leading independent and franchised brokerage companies across the nation. 

RamQuest Inc., a provider of business solutions for the land title industry, announced the implementation of RamQuest One at TitleCore in Nebraska. After a recent acquisition that substantially increased the size of its operation, TitleCore put together a team to review its title and settlement platform. Read on for more about the decision.

Much has changed in the way of marketing agreements in the past decade. With the Consumer Financial Protection Bureau (CFPB) at the helm, new regulations, an interpretive rule and the volatilities of the market, title insurance, mortgage, real estate and settlement services professionals need to be on alert with how they are structuring marketing agreements. Industry members should also be aware of where the market is headed in terms of business partnerships, alliances and other types of arrangements.

Carrington Holding Co. LLC announced that it is renaming several of its businesses in an initiative designed to bring the entire Carrington family of companies under one brand umbrella, more effectively leverage the Carrington name and capitalize on the full continuum of services offered by the organization’s various business units.

The Consumer Financial Protection Bureau was created, essentially, to make sure all of these financial service providers kept the consumer in mind. That was the easy part — figuring out how to actually do that has been the challenge of regulators and industry professionals the last three years. At the American Land Title Association Federal Conference, RamQuest and Guardian Consumer Services unveiled a new product that they think achieves many of the aims of the CFPB and the industry to provide a new env...

Premiums written from purchase transactions increased substantially versus the prior year period, while the level of refinance activity has trended slightly downward, and according to Investors Title Co., those factors, as well as a more favorable claims experience, contributed to a jump in net income compared to the prior-year period.

The American Land Title Association, the national trade association of the land title insurance industry, awarded three National Title Professional designations and handed out its “Protecting the American Dream” award during its Federal Conference in Washington, D.C.