|
New podcast examines wire fraud
Posted Date: Friday, August 6, 2021
SafeWire has launched a new podcast called “The Wire.” In each episode, CEO Chris Sauerzopf and Vice President of Sales Nicole Evans take a deep dive into the latest cybersecurity and wire fraud incidents hitting the title industry.
Their goal is to empower title companies to educate their clients and real estate business partners about cybercrime prevention.
Read on for more about the podcast.
|
|
|
Fidelity rolls out Notarize inHere
Posted Date: Tuesday, August 10, 2021
Fidelity National Financial (FNF) recently launched Notarize inHere. It is being used by FNF to close transactions in all 30 online notarization-approved states, allowing consumers to have their documents notarized via a remote online notary video session.
FNF also expanded its digital closing services team, which assists all parties through every step of their digital closing and online notarization.
Read on for more.
|
|
|
|
|
Home prices surge in second quarter
Posted Date: Tuesday, August 10, 2021
Luxury-home prices soared 26 percent year-over-year in the second quarter, and prices for the most affordable homes grew 19 percent, according to a recent Redfin report. Both outpaced the rest of the market, which also saw home prices rises.
Read on for more from the report.
|
|
|
NS3 Preview: Kraninger to deliver address on closing day
Posted Date: Thursday, August 5, 2021
Former Consumer Financial Protection Bureau Director Kathy Kraninger will speak during the third day of the 17 th annual National Settlement Services Summit. The in-person event will be held Aug. 31-Sept. 2 in Naples, Fla.
Kraninger, now vice president of regulatory affairs for Solidus Labs, will outline enduring principles in consumer protection and highlight areas for modernization.
Read on to learn about the other presentations planned for Sept. 2.
|
|
|
Ubitquity launches cryptocurrency payment portal
Posted Date: Thursday, August 5, 2021
Blockchain-secured real estate and title recordkeeping platform Ubitquity has launched SmartEscrow.us to facilitate real property settlements utilizing cryptocurrency stablecoins. The company anticipates launching a mobile version of SmartEscrow later this year.
Features of SmartEscrow include a preview of funds, collection and disbursement of funds, escrow theft mitigation, real-time settlements, stablecoin support and trusted custodial wallets.
Read on for more about the new offering.
|
|
|
Flueid acquires software provider Vodii
Posted Date: Thursday, August 5, 2021
Tech company Flueid recently acquired Vodii, a software company that produces tools for the title and escrow industry.
Over the last four years, Flueid has focused on developing digital solutions for real estate transactions, according to the company. It said Vodii has a long history integrating with back-end production systems to connect all parties in a transaction.
Read on for more about the acquisition.
|
|
|
|
|
Stewart Title names national commercial services manager
Posted Date: Thursday, August 5, 2021
Stewart Title Commercial Services named a 35-year industry veteran as its national commercial services manager. The new manager will oversee the Los Angeles, Glendale, Phoenix, and Las Vegas commercial services offices.
Read on for more.
|
|
|
Stewart title segment reports 50 percent revenue increase
Posted Date: Tuesday, August 3, 2021
Stewart Information Services Corp. reported second-quarter net income of $94.8 million ($3.50 per diluted share), up from $34.1 million ($1.44 per diluted share) in the second quarter of 2020.
In the title segment, revenue for the quarter increased $248 million, or 50 percent, according to the company’s second-quarter earnings report.
Read on for more from the report.
|
|
|
NS3 Preview: Freedom Mortgage Corp.’s CEO to address leading through change
Posted Date: Tuesday, August 3, 2021
The annual National Settlement Services Summit (NS3) returns live in Naples, Fla., this year from Aug. 31 to Sept. 2.
During the second day of the conference, Freedom Mortgage Corp. founder and CEO Stan Middleman will share insights on how to lead through the inevitable change coming to the real estate transaction.
To learn about other sessions that day, read on.
|
|
|
Better expands title product into Virginia
Posted Date: Tuesday, August 3, 2021
Digital homeownership platform Better has been licensed as a title insurance provider for refinance transactions through its Better Settlement Services (BSS) by the state of Virginia.
Virginia marks the 24th state in BSS’ nationwide expansion and follows Better’s launch of its mortgage business and Better Cover, its homeowners’ insurance offering, in the state.
Read on for more about the company’s expansion.
|
|
|
SimpleNexus makes three executive appointments
Posted Date: Tuesday, August 3, 2021
Homeownership platform SimpleNexus recently restructured the tech firm’s organizational chart and made new executive appointments in operations, revenue generation and customer success.
Recently appointed CEO Cathleen Schreiner Gates named a new chief operating officer, chief revenue officer and chief customer officer. She said she made the changes to prepare for future growth.
Read on for more about the promotions.
|
|
|
Punctual Abstract names sales director
Posted Date: Tuesday, August 3, 2021
Punctual Abstract named a director of sales. The new director has 16 years of experience in the title and mortgage industry.
Read on for more.
|
|
|
First American: Housing affordability continues decline
Posted Date: Tuesday, August 3, 2021
Housing affordability continues dropping, according to the recently released May 2021 First American Real House Price Index (RHPI.) Affordability dropped in 49 of the 50 markets tracked by First American.
Read on for more.
|
|
|
Short commute becomes less important to homebuyers
Posted Date: Tuesday, August 3, 2021
As remote work became more prevalent during the pandemic, homebuyers began prioritizing affordability over a short commute. That’s according to a recent analysis by Zillow and HERE Technologies.
Read on for more from the analysis.
|
|
|
HomeLight expands closing services division
Posted Date: Thursday, July 29, 2021
Real estate technology platform HomeLight opened a regional hub in Tampa, Fla., for HomeLight Closing Services, its title and escrow division.
The location will serve as the company’s operational hub for Florida and will support the hiring of at least 100 people in Tampa, followed by 500 more across the state, according to HomeLight.
Read on for more about the new hub.
|
|
|
Stewart acquires Title First Agency
Posted Date: Thursday, July 29, 2021
Stewart Information Services Corp. recently acquired Ohio-based Title First Agency, Inc., which Stewart Group President Steve Lessack called one of the largest independent title agencies in the country.
Title First has offices in Ohio, West Virginia, Indiana, Illinois, Michigan and Texas, and is licensed to operate in 34 states.
Read on for more about the acquisition.
|
|
|
Doma teams up with lender Fairway
Posted Date: Thursday, July 29, 2021
Doma expanded its relationship with lender Fairway Independent Mortgage Corp., aiming to enhance the mortgage experience for Fairway clients.
Fairway is currently using Doma’s closing solutions within its consumer-direct channel, Homefinity, and plans to expand their use, utilizing Doma’s Intelligence platform to help power closings for loan officers and mortgage customers.
Read on for more about the partnership.
|
|
|
Realogy appoints industry relations VP
Posted Date: Thursday, July 29, 2021
Realogy Holdings Corp. appointed a vice president, industry relations. The position will be responsible for driving the company’s advocacy efforts, developing strategic policy objectives, and building collaborative relationships with industry organizations.
Read on for more.
|
|
|
East Coast markets most at risk for pandemic impact
Posted Date: Thursday, July 29, 2021
Housing markets in states along the East Coast, as well as Illinois — with clusters in New Jersey, Delaware, the Chicago area, and central Florida — were most at risk to the impact of the ongoing pandemic, according to ATTOM’s second-quarter 2021 Coronavirus Report.
Read on for more.
|
|
|
Investor home purchases hit record
Posted Date: Thursday, July 29, 2021
Investors bought 67,943 homes in the second quarter, according to a recent Redfin report, the highest quarterly figure on record with the company. That’s up 15.1 percent from the first quarter and 106.7 percent year-over-year.
Read on for more from the report.
|
|
|
Patrick Stone: Full impact of RON yet to be realized
Posted Date: Monday, July 26, 2021
Remote online notarization (RON) has been embraced by many in the title space as a must-have tool to facilitate digital closings. But it may not be the immediate industry game-changer that some might think it is, according to WFG National Title Insurance Co. founder and Executive Chairman Patrick Stone.
While RON is a valuable tool, Stone said, he expects it will be some time until it is fully integrated into the real estate transaction process.
Read on for more from Stone.
|
|
|
ATTOM hires CFO
Posted Date: Monday, July 26, 2021
ATTOM hired a 20-year hi-tech financial veteran as its chief financial officer.
The new CFO has a background in financial planning, analysis, and M&A activity and is skilled in investor relations, strategic planning, metrics and dashboards, valuation, system implementation, leadership, and team building, as well as business development and management, according to ATTOM.
Read on for more about the new CFO.
|
|
|
SoftPro integrates with Stewart Access
Posted Date: Monday, July 26, 2021
SoftPro recently released a new integration to help generate approved Stewart closing protection letters and policy jackets.
The integration between the SoftPro 360 business exchange portal and Stewart Access allows SoftPro users who are Stewart agents to generate, update or void approved Stewart CPLs for lenders, buyers or sellers and policy jackets.
Read on for more about the integration.
|
|
|
Director of business development to lead Millennial Title office
Posted Date: Monday, July 26, 2021
Millennial Title recently opened an office in St. Petersburg, Fla., which marks its seventh location. It will be headed by the director of business development for Florida, an attorney and former title company owner.
Read on for more.
|
|
|
|
Foreclosure filings plummet during first half of year
Posted Date: Monday, July 26, 2021
Foreclosure filings in the first six months of the year were down 61 percent from the same period last year. That’s according to ATTOM’s Midyear 2021 U.S. Foreclosure Market Report.
Read on for more.
|
|
|
|
Clear Title launches builder services division
Posted Date: Friday, July 23, 2021
Clear Title Agency of Arizona recently launched a builder services division, headquartered in Phoenix, that is aimed at better servicing the growing demand from established and new builder clients in Arizona.
The company also hired an 18-year title and escrow industry veteran to lead the new division as vice president of builder services.
Read on for more details.
|
|
|
Evolve Mortgage Services acquires E-Notary Seal
Posted Date: Friday, July 23, 2021
Evolve Mortgage Services acquired E-Notary Seal LLC, which enables mortgage borrowers to remotely sign and notarize a document. The acquisition allows Evolve to provide closings for title and mortgage companies through a single, end-to-end digital process, according to the company.
E-Notary Seal’s founder joined Evolve as vice president of the company’s eMortgage division.
Read on for more about the acquisition.
|
|
|
First American names Gulf Coast regional underwriting counsel
Posted Date: Friday, July 23, 2021
First American Title Insurance Co. announced a new regional underwriting counsel – Gulf Coast. The position will work with title agents in Mississippi, Alabama, Arkansas, Louisiana, and Tennessee.
Read on for more.
|
|
|
Doma customer sees speedy title commitments
Posted Date: Friday, July 23, 2021
Since mortgage broker F5 Mortgage began utilizing Doma’s title and escrow solutions through the Intelligence platform, it has seen 86 percent of its title commitments delivered in under one minute, according to the company.
Read on for more about the Doma platform.
|
|
|
Housing inventory continues to grow
Posted Date: Friday, July 23, 2021
The housing market might be on the road to rebalancing after a long period heavily in the sellers’ favor, according to a recent Zillow Real Estate Market Report. Housing inventory saw meaningful recovery for the second month in a row, and home value appreciation reached new highs for monthly and annual growth.
Read on for more from the report.
|
|
|
First American introduces mobile-friendly platform
Posted Date: Thursday, July 22, 2021
First American Title Insurance Co. announced the initial rollout of a mobile-friendly technology platform in select markets. A full national launch is planned for later this year.
With the platform, real estate professionals can securely share transaction details with First American Title’s escrow team and homebuyers and sellers, access property data, create marketing materials and access educational opportunities.
Read on for more about the platform.
|
|
|
Title Alliance unveils new websites
Posted Date: Thursday, July 22, 2021
Title Alliance, Ltd., recently rolled out updates to its corporate and career websites that aim to highlight its title and escrow services as well as company job openings across the country.
The websites focus on interactivity and include several video features about the Title Alliance family and its partners.
Read on for more about the updated sites.
|
|
|
|
NATIC boosts team for New York expansion
Posted Date: Thursday, July 22, 2021
North American Title Insurance Co. (NATIC) appointed a director of national commercial services/senior regional underwriting counsel. The position will assist NATIC as it prepares to launch operations in New York, according to the company.
Read on for more.
|
|
|
|
NATIC names agency compliance manager
Posted Date: Tuesday, July 20, 2021
North American Title Insurance Co. (NATIC) appointed a 25-year title insurance veteran as agency compliance manager. The new hire will oversee compliance and operations requirements for NATIC agents, attorneys, and partners.
Read on for more.
|
|