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Posted Date: Friday, March 15, 2024
Doma Holdings Inc. CEO Max Simkoff expressed support for President Joe Biden’s prospective title waiver pilot and efforts to improve housing affordability as part of his company fourth quarter earnings report.
For the fourth quarter, Doma showed improvement in revenue, retained premiums and fees and gross profit compared to the third quarter.
Read on to find out more information.
Industry News
Posted Date: Friday, March 15, 2024
Fathom Holdings Inc. and its title subsidiary, Verus Title Inc., have formed a joint venture in Texas with plans to expand the model to more states this year.
Verus has expanded its footprint since being acquired by Fathom in 2020 and currently operates in 30 states and the District of Columbia.
Read on to find out more.
Industry News
Posted Date: Friday, March 15, 2024
DataTrace expanded its TitleFlex platform to include features like pre-defined specialty searches and custom prospect lists from more than 150 million residential properties.
The DataTrace system delivers title history information, property tax assessment and payment data, document images and property profiles in 47 states.
Read on to find out more information.
Industry News
Posted Date: Thursday, March 14, 2024
Growth continues for Missouri-based True Title Co. as it acquired another title agency in the state that it’s been operating in for roughly 30 years.
True Title is based in Clayton, Mo., with satellite offices throughout the St. Louis and Denver area, as well as affiliate offices in Illinois and Colorado.
Read on to find out more information.
Industry News
Posted Date: Thursday, March 14, 2024
Washington state-based Vista Title and Escrow is allowing property buyers to file restrictive covenant modifications with county auditors at no additional cost.
This filing will allow the property owner to formerly declare the discriminatory covenants specifying racial restrictions that are written in a property’s title report as void and unenforceable.
Read on to find out more information.
Industry News
Posted Date: Thursday, March 14, 2024
New data from the National Federation of Independent Business shows the share of small-business owners reporting labor quality as their top operating problem at its lowest level in four years.
Read on to find out more.
Industry News
Posted Date: Tuesday, March 12, 2024
Alliant National Title Insurance Co. walks The Title Report through personal accounts of title insurance coming through for clients when it's needed the most.
Leaders show how title insurance differs from other types of insurance in one essential aspect: the consumer pays the premium for the title policy just once, at the closing. With that single payment, the insured is often covered for years, even decades.
Read on to find out more information.
Industry News, Title Insurance at Work
Posted Date: Tuesday, March 12, 2024
Westcor Land Title Insurance Co. shares a story about a claim on a vacation home that would have been very costly for the parties involved if not for title insurance.
Clients received notification from the county that their home had been sold, as is typical on any transaction in California. The only problem — they had not sold their home.
Read on to find out more information.
Industry News, Title Insurance at Work
Posted Date: Tuesday, March 12, 2024
Economists are becoming increasingly confident that the first federal funds rate cut since 2020 could happen as flowers are blooming in the late spring and early summer.
This aligns with what Mortgage Bankers Association Chief Economist Michael Fratantoni suggested during October Research’s 2024 Economic Forecast webinar in January.
Read on to find out more information.
Industry News
Posted Date: Friday, March 8, 2024
Title industry leaders shared thoughts with The Title Report regarding President Joe Biden’s plan to lower housing costs, which includes waiving title insurance requirements on some refinances and analyzing potential reforms to the title industry.
The American Land Title Association calls the plan a “political gesture offering a false promise of savings for homeowners while exposing consumers, lenders and taxpayers to greater financial risk.”
Read on to find out more.
Industry News