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Fidelity’s Foley starts blank check company
Posted Date: Monday, August 24, 2020
In the midst of a hostile takeover battle with CoreLogic, Fidelity Chairman William Foley, II has started a blank check company to “effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.”
Newly formed Foley Trasimene Acquisition Corp. II announced the closing of its initial public offering of 130 million units at a public offering price of $10 per unit.
Read on for more details.
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 Texas law firm relaunches title services
Posted Date: Monday, August 24, 2020
Texas-based Betters Law Firm recently relaunched title and settlement services through its affiliate Betters Title and Settlement Services, the company announced.
Attorney Nicole Betters said the law firm particularly is excited to provide attorney closings because that’s a need it hears from clients time and time again.
Read on for more details about the firm’s settlement services.
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Mortgage lender expanding Florida operations
Posted Date: Monday, August 24, 2020
A national mortgage lending and servicing organization which offers title services through Avenue 365 Lender Services has announced plans to more than double their employee team in Jacksonville, Fla.
The company said it planned to add an additional 100 jobs in Jacksonville, including positions in mortgage sales, loan processing, underwriting, and collections.
Read on to learn more.
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MISMO certifies Pavaso’s RON platform
Posted Date: Monday, August 24, 2020
Pavaso has received remote online notarization compliance certification from the Mortgage Industry Standard Maintenance Organization.
Read on for more details.
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RamQuest, Title Data integrate
Posted Date: Monday, August 24, 2020
RamQuest’s Closing Market digital network now is integrated with Title Data.
Read on to learn more.
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Real estate tech company names CFO
Posted Date: Friday, August 21, 2020
A real estate technology company that offers full-service home buying and selling solutions including title insurance has named a chief financial officer (CFO), the company announced.
The company promoted one of its own who it said has helped it maintain its financial health while tapping into the end-to-end real estate platform.
Read on to learn who the company selected.
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Missouri title agency expands
Posted Date: Friday, August 21, 2020
Hillsboro Title Co. recently expanded its operations with the opening of a new escrow closing and construction disbursing office in South County, Mo., the company announced.
Hillsboro said its new office provides a centralized location between its existing offices in Arnold and Chesterfield. The office opens Sept. 15 and is in St. Louis.
Read on for more details.
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DataTrace launches market-insight tool
Posted Date: Friday, August 21, 2020
DataTrace Information Services has launched a tool it said provides title companies with instant access to accurate market insights such as existing market share.
DataTrace said its new tool features extensive reporting options, including automated report generation via email, as well as trend, loan officer and title/lender intersection reports.
Read on for more details about the company’s market-insight tool.
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Home sales surged in July
Posted Date: Friday, August 21, 2020
The biggest year-over-year sales percentage increases were in Pittsburgh; Des Moines, Iowa; and Denver.
Read on to learn more.
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Stewart hires group senior vice president
Posted Date: Wednesday, August 19, 2020
Stewart Information Services Corp. has hired a former First American Title executive to oversee its direct operations in Texas, Oklahoma, New Mexico and Colorado, the company announced.
Read on to learn what Group President, Direct Operations Steve Lessack said about the hire.
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HomeLight acquires listing-management tool provider
Posted Date: Wednesday, August 19, 2020
The real estate technology platform HomeLight has acquired a provider of listings management technology that allows agents and brokerages to securely share property information, monitor buyer interest, and manage offers in one place.
Terms of HomeLight’s acquisition of Disclosures.io were not disclosed. With the acquisition, HomeLight simultaneously announced the launching of HomeLight Listing Management.
Read on for more details.
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CATIC, Qualia integrate
Posted Date: Wednesday, August 19, 2020
Qualia has integrated CATIC’s title search application into its platform, the companies announced.
The integration enables title companies to place orders for CATIC’s title searches, track progress and manage payments without leaving the Qualia platform. The companies said billing is processed automatically and agents can keep track of CATIC orders with Qualia Marketplace reports.
Read on for more details.
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Homes finding buyers quickly
Posted Date: Wednesday, August 19, 2020
During a recent four-week period, more than four out of 10 homes on the market found buyers within two weeks.
Read on for more details.
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TitleClose enhances mobile app
Posted Date: Wednesday, August 19, 2020
TitleClose has announced an enhanced user interface for its branded mobile app.
Read on for more details.
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Investors Title produces record quarter
Posted Date: Monday, August 17, 2020
Investors Title Co. produced record results during the second quarter of the year, according to the company’s latest earnings report.
Chairman J. Allen Fine said the company’s overall level of purchase activity improved substantially because of interest rate declines, pent-up demand from the first quarter, and initiatives from industry participants to enable loan closings during the coronavirus pandemic.
Read on for more details from Investors Title’s latest earnings report.
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Chicago agency opens new office
Posted Date: Monday, August 17, 2020
Chicago-based Proper Title, LLC. recently opened a new office in Naperville, Ill., the company announced.
The new 1,100-square-foot office has three closing rooms and curbside capability to accommodate residential and commercial closings. Proper Title believes the new office will complete a high volume of closings, as Naperville is the state’s fourth-largest city.
Read on for more details.
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CATIC expands into Georgia
Posted Date: Monday, August 17, 2020
CATIC now is licensed in Georgia and its agents are issuing title insurance policies throughout the state, the company announced.
CATIC President and CEO James Czapiga said the company looks forward to bringing “unparalleled service and support to real estate professionals throughout the state” as it continues to grow its operations.
Read on to learn more details.
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Realtor.com launches title-marketing tool
Posted Date: Monday, August 17, 2020
Realtor.com has launched a new tool is said helps connect closing companies and title attorneys to agents, brokers, and homebuyers.
Read on to learn more.
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Earnest, Dotloop integrate
Posted Date: Monday, August 17, 2020
Earnnest’s digital earnest money service now is offered as part of Dotloop’s end-to-end transaction management software for real estate professionals.
Read on for more details.
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Digital lender raises $75 million
Posted Date: Thursday, August 13, 2020
A digital lender has secured $75 million in Series F funding led by a venture capital firm backed by major banks and financial institutions.
Blend said the funding led by Canapi Ventures brings its valuation to nearly $1.7 billion, and will be used to accelerate the development of its unified digital platform for mortgages, consumer loans, and deposit accounts.
Read on to learn more.
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Qualia launches RON product
Posted Date: Thursday, August 13, 2020
Qualia has launched a remote online notarization solution to enable entirely digital, contactless home closings, the company announced during its Future of Real Estate Summit Summer Session.
Qualia said the solution will help ensure the millions of real estate purchases and refinances that happen each year can continue to take place in a secure, digital way during the COVID-19 pandemic and beyond.
Read on for more details.
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KPC, Pavaso partner on digital closings
Posted Date: Thursday, August 13, 2020
Florida-based KPC Title Agency has partnered with Pavaso to offer fully digital closings, the companies announced.
KPC said its remote online notary services provide a solution to customers who are unable to attend the closing in person, or who want to reduce their travel time and expenses.
Read on to learn more about the agency’s newest offering.
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Incenter names president
Posted Date: Thursday, August 13, 2020
Incenter, parent company of Agents National Title and Boston National Title, has named a president, enterprise business development.
Read on to learn more.
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Fidelity’s second-quarter revenue rises
Posted Date: Wednesday, August 12, 2020
Fidelity National Financial second-quarter earnings improved as an increase in refinance orders more than compensated for a dip in purchase orders opened and closed, according to the company’s latest earnings statement.
Additionally, Fidelity announced it purchased the remaining 21 percent interest in ServiceLink for $90 million.
Read on for more details from Fidelity’s latest earnings statement.
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String restructures U.S. operations team
Posted Date: Wednesday, August 12, 2020
String Real Estate Information Services has expanded and restructured its U.S. operations team, the company announced.
The changes include the transitioning of two executives from SitusAMC to serve in similar roles at String. Managing Director Prashant Kothari said the two newest team members will help the company expand its operational capabilities.
Read on for more details.
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Knight Barry acquires another Florida agency
Posted Date: Wednesday, August 12, 2020
Knight Barry Title Group has expanded its Florida footprint with the acquisition of a title agency in Deerfield Beach, the company announced. Financial terms of Knight Barry’s acquisition were not disclosed.
The previous owner of the acquired agency said Knight Barry shares the same methodology and honorable way of thinking.
Read on for more details about the acquisition.
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SoftPro, CertSimple integrate
Posted Date: Wednesday, August 12, 2020
SoftPro has integrated CertSimple, Inc.’s property tax and homeowners’ association certification into its platform.
Read on for more details.
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