News By Edition

Georgia-based Real Estate Closing Path, a recently established training program for real estate closing, is helping many new workers find their way into the industry.

In an exclusive interview with The Title Report, Founder/President Mary Anne Harris says helping fellow women into their career niches has been especially rewarding.

Read on to find out more information.

Near North Title Group has acquired Doma Holdings, Inc.’s local retail title operations across the Midwest, pushing Near North’s combined office total in six Midwestern states and Florida to nearly 60.

Doma’s national chief operating officer of local branch operations as well as the managing directors of Minnesota, Wisconsin, Illinois and Indiana will join the Near North Title team. Read on to find out more information.

Read on to learn more.

Doma Holdings, Inc. sold its local retail title operations in Texas to Capital Title of Texas, LLC, which is part of the Shaddock Title Companies.

The news comes after Doma reported significant year-over-year revenue and profit declines in the first quarter, with leaders calling for a comprehensive review of business to identify optimal structure.

Read on to find out more information.

Stewart Title has appointed a long-time title industry veteran to serve as its chief underwriting counsel for national commercial services.

Read on to find out more information.

North Carolina-based Investors Title has tapped CloudMoyo, Inc. to assist with a digital revamp of its contract management process. Leaders say the partnership has already spelled faster turnaround times.

Read on to learn more.

The second quarter U.S. Home Sales Report from property data curator ATTOM shows profit margins on median-prices single family home and condo sales going up for the first time in a year.

Read on to find out more.

California-based Timios Inc., which provides services including title and settlement as well as appraisal management, has been acquired by Timios Acquisition, LLC, leaders recently announced.

Timios Inc. had been a subsidiary of Ideanomics for more than two years. Leaders say new ownership changes will help drive growth to “unprecedented levels.”

Read on to find out more information.

SoftPro Director of Regulatory Compliance Leslie Wyatt presented a workshop on how to successfully establish a mentoring program at this year’s National Settlement Services Summit (NS3).

 In an interview, she shared specifics on what mentoring can do for both individuals and companies, as well as how to set realistic goals when taking on mentorship responsibilities.

Read on to find out more information.

New data from the National Federation of Independent Business shows the lowest number of small businesses raising prices since March 2021.

Inflation and labor quality remain top concerns among small business owners in the most recent reporting period, with roughly one quarter of respondents reporting one of those two issues as their top problem.

Read on to find out more.

Kriss Law/Atlantic Closing & Escrow appointed a 16-year title and settlement sales representative to its Northeast residential account team.

Read on to find out more.

SoftPro announced a new integration to its SoftPro Banking platform with Fifth Third Bank, which aims to enhance management of wire transfers.

Read on to find out more.

The typical U.S. home value breached $350,000 for the first time, eclipsing the previous peak last July, with homes now taking longer to sell compared with May, according to Zillow.

Read on to find out more.

Tennessee Title Services and Tallent Title Group are teaming up to leverage individual strengths and enhance combined services across a major market in the Volunteer State.

Both firms have been operating in Tennessee since 2008, Tennessee Title at a statewide level and Tallent Title focusing on Knoxville.

Read on to find out more information about the partnership.

Florida-based efizbo, an online real estate platform expected to launch this fall, is partnering with 3D virtual reality (VR) solutions provider IntelliMedia Networks to give buyers access to mixed reality technology while viewing listings.

Through efizbo, buyers will have access to listings that include a 3D VR tour and have the ability to review a property inspection from a third-party inspector.

Read on to learn more.

AM Best affirmed credit ratings for numerous Old Republic International Corp. subsidiaries, including Old Republic Title Insurance Group.

The credit rating agency said the industry giant remains in good fiscal shape based on its balance sheet strength, strong operating performance, favorable business profile and appropriate enterprise risk management.

Read on to learn more.

Fathom Holdings made a new appointment to its board of directors following the departure of a four-year member. The new member has more than 50 years of industry experience.

Read on to find out more.

Title consulting firm Generes & Associates released a compliance service suite aimed to help firms line operations up with the American Land Title Association’s Best Practices Framework version 4.0.

Read on to learn more.

Foreclosure filings in the first half of 2023 were up 13 percent year-over-year and nearly 200 percent from the same period in 2021, according to a mid-year report from ATTOM.

Read on to learn more.

Kensington Vanguard National Land Services, LLC agreed to pay a $1 million penalty and to end “no-poach” agreements following an investigation by New York Attorney General Letitia James.

This penalty is the fifth handed to title industry companies and underwriters by James’ office over the past two years. Kensington Vanguard also agreed to help with ongoing investigations.

Read on to find out more.

First American Title Chief Innovation Underwriter Justin Lischak Earley offers commentary on the use of NFTs in title and real estate, saying that doing away with certain industry norms some view as “unnecessary” could put consumers at risk.

He says many eyes are on the title and real estate industry to see if tokenizing of non-fungible assets should be applied to other business sectors.

Read on to learn more.

X1 Analytics has begun offering purchase transactions in Texas and Florida and enhanced its X1 Xpress engine, which automates title decisions to help title companies deliver faster title commitments.

X1 Xpress has processed 6.5 million transactions and adds the purchase market to the refinance and home equity markets.

Read on to find out more information.

Kriss Law/Atlantic Closing & Escrow added to its commercial services division with the appointment of a new senior vice president of national commercial sales.

Read on to find out more.

Oklahoma-based American Eagle Title Insurance Co. is implementing Qualia Assure as its title insurance underwriting management system, with plans to expand access beyond Oklahoma later this year.

Read on for more information.

The four weeks ending July 2 were the first time since last August that average sale-to-list price ratios surpassed 100 percent. Low inventory and steady demand are buoying home prices, according to Redfin.

Read on to find out more.

In an exclusive interview with The Title Report, newly appointed PropLogix CEO Alex Eckelberry spoke on his immediate plans at the company’s helm.

The long-time tech leader says an expansion of operations could be on the horizon, as he and his team work to capitalize on a whirlwind of emerging industry advancements.

Read on to find out more.

A recently published case study shows how a Michigan title company benefitted from integrating its title production solution with The Closing Exchange’s CXChoice platform.

Leaders of the title company involved in the case study said the move spelled significantly easier closings and efficiency for team members, who no longer had to leave the production portal to conduct a closing.

Read on to find out more.

Residential real estate technology platform provider Offerpad Solutions  appointed a new chief financial officer (CFO).

The new CFO has served in executive roles at businesses including FreePower, Inc., Axon Enterprise, Inc., Market Track, and multiple sectors of General Electric. He’s credited with helping grow Axon’s market cap from $1 billion to over $13 billion.

Read on to find out more information.

New Jersey-based Town Title Agency appointed the former CEO of TD Bank as a special advisor, which Town Title leaders say is part of a strategic growth plan.

Read on to learn more information.

A new integration between DocMagic’s Total eClose platform and Finastra’s MortgagebotLOS solution aims to enhance customer experiences for mortgage borrowers.

Read on to learn more information.

Home-flipping rates nationwide are nearing a 21^st century high point, with typical profit margins inching up but still near their lowest level since 2000, according to new data from ATTOM.

Read on to learn more.

Incenter, LLC, a subsidiary of Finance of America Companies Inc., announced the closure of its sale of Agents National Title Holding Co. and Boston National Holdings, LLC to Essent US Holdings, Inc.

The deal was first announced early this year. Incenter had owned Agents National Title for roughly five years and Boston National Holdings for more than six years.

Read on to learn more.

First American Financial Corp. appointed a new chief technology officer (CTO) who will oversee the corporate product development team.

The new CTO will be responsible for building and enhancing enterprise products and has a track record of introducing new products during past tenures at companies including GoodRx and Ticketmaster.

Read on to find out more information.

Finding qualified workers remains a challenge for small businesses, according to new data from the National Federation of Independent Business.

New data also shows the seasonally adjusted net share of owners raising wages dropped in June to its lowest level in roughly two years. More than 40 percent reported unfilled job openings.

Read on to find out more information.

The Fidelity National Financial Family of Companies has added a pair of team leaders to its mid-Atlantic operations covering Virginia, Maryland, West Virginia and Washington, D.C.

Read on to find out more.

CertifID has signed on as a preferred partner with Shaddock National Holdings to secure and insure real estate transactions nationwide, company leaders announced.

Read on to learn more.

The Cape Coral-Fort Myers, Fla., metro area has rebounded well from a plunge in new listings caused by Hurricane Ian. Warnings of climate change affecting the state also aren’t stopping home sales, according to new data from Redfin.

Read on for more.