News By Edition

Fidelity National Financial Executive Vice President Erika Meinhardt recently celebrated 40 years in the title insurance industry.

In an exclusive interview with The Title Report, Meinhardt discusses what it was like to be one of the first women in a leadership position in the industry and how she is paying it forward through Fidelity’s women’s leadership initiative.

Read on for her story.

Qualia launched Resware 10, the newest version of its title and escrow production software. Qualia acquired Adeptive Software, the developers of Resware, in December 2020.

Resware 10 designers say the software upgrade process has been streamlined and improved significantly and a host of UI changes, integrations, performance enhancements, and workflow visualizations were made.

Read on to find out more information.

PropLogix appointed a new CEO and announced its outgoing CEO and co-owner will remain on the company’s board of directors.

The new CEO has more than 30 years of experience in technology and related areas, including at Malwarebytes and Prevasio. His appointment followed investment into PropLogix from private equity firm Accel-KKR.

Read on to find out more information.

Old Republic International Corp. is forming a new underwriting subsidiary focused on providing professional liability coverage for lawyers.

The company appointed a president for the new subsidiary, Old Republic Lawyers Specialty Insurance, Inc., who boasts more than 30 years of industry experience and a lawyers professional liability underwriting track record.

Read on to find out more information. 

Investors Title Exchange Corp. found a new vice president – marketing with more than 25 years of industry experience across financial management and business administration.

Read on to find out more.

InspectHOA and Velma are partnering on a solution to allow mortgage lenders fully automated homeowner’s association document collection, aiming to cut down on numerous manual steps in the process.

Read on to find out more.

New reporting from AccuTitle shows market improvement in regard to initiated purchase transactions for the start of 2023 compared to the end of 2022. However, data indicated continued challenges for refinances.

Read on to find out more.

Digital title and settlement provider Endpoint filled its newly created chief operating officer seat.

The new COO brings more than 20 years of experience to the position and will lead teams implementing Endpoint’s digital closing solutions, guiding the company’s strategy to optimize and scale operations.

Read on to find out more information about the new position.

Phoenix-based ROC Title Agency is opening a new office in Paradise Valley, Ariz., in April, the sixth it has opened across Arizona and Nevada.

The company was founded in 2015 and said it plans to open additional Arizona offices in 2023. The Paradise Valley location is slated to offer special training amenities.

Read on to learn more.    

New Jersey-based Action Title Research promoted a senior vice president to chief financial officer (CFO) and named a new member of its board of directors.

The new CFO helped earn the promotion through playing a “crucial role” in Action Title Research’s acquisition of Legal Title Services, company leaders stated.

Read on to find out more information.

Stewart Title National Commercial Services named a new vice president, operations manager and underwriter for its West Coast team.

Read on to find out more information.

Earnest money deposit solution provider GainClients, Inc. has forged a new relationship with Independent Bank, the 13th bank partnership for the firm.

Read on to learn more.

Redfin.com user search data shows that 14 percent fewer homebuyers looked to move within their own metro area in February than a year earlier, compared with a 4 percent drop for out-of-town movers.

Read on to find out more. 

Metro National Title acquired South Eastern Utah Title, one of the state’s oldest title agencies. South Eastern Utah Title’s offices will now operate under the Metro National Title name.

Company leaders say services provided to current South Eastern Utah Title clients include AI assistance, earnest money deposits, wire fraud protection and custom prospecting plan generation.

Read on to learn more.

Ubitquity LLC, a blockchain platform provider for the real estate and title industry, brought in nearly $1 million during its seed funding round.

Company leaders plan to begin a Series A offering on April 3 and say seed funding brought in will help push development of tools including NFTitle, CryptoListing and UbitquityPay.

Read on to find out more.

Residential real estate eCommerce platform Opendoor Technologies Inc. acquired a minority ownership stake in Title Resources Group, the companies recently announced.

Opendoor joins three other ownership partners. Company leaders say the new minority owners will add to value in services delivered to clients, including OS National, a national title and escrow company owned by Opendoor.

Read on to find out more information.

Commonwealth Land Title National Commercial Services brought on a 35-year industry veteran as its new vice president, special commercial underwriter.

Read on to find out more information.

Lakeside Title Co. of Columbia, Md., launched a revamped website featuring an automated assistant, quotes, net sheets, title orders and other resources.

Read on to find out more.

A recent Real House Price Index from First American shows various classifications of “boom or bust” scenarios across numerous regions.

Read on to find out more information.

Birchway Title Agency, a newly established company in the greater Cleveland area, opened its doors for business at the end of February.

President and founder Sonya Rarey sat down for an exclusive interview with The Title Report, sharing a vision that focuses on expanded work opportunities for employees and recruiting the next generation of industry stalwarts.

Read on to find out more.

A $3.5 million penalty has been handed to Fidelity National Financial, Inc. following and investigation by the New York attorney general into alleged “no-poach” provisions.

Fidelity has also agreed to assist the attorney general’s office with ongoing related investigations. Fidelity is the third large national underwriter to be fined for no-poach agreements since September 2021.

Read on to learn more.

In a recent webinar hosted by October Research, industry experts discussed some of the ways lenders and title agents can become more competitive in a down market by addressing some of the common pain points between partners in the real estate transaction process.

Read on for more.

New data from Redfin shows consistent homebuying demand as the first quarter of 2023 wraps up. However, a lack of listings is holding the market back from more significant recovery, it said.

Read on to find out more information.

Starrex International, Ltd. of Calgary, Alberta, Canada, is acquiring several U.S. entities operating under the All American Title Group of Companies.

All American Title Co. will serve as the operational platform for the insurance division of Starrex International Ltd. The transaction has been unanimously approved by Starrex’s board.

Read on to find out more information.

Ubiquity Title Solutions, which operates Omni Title Services and Commercial Title Services, is now offering title insurance and closing services across Nebraska.

Ubiquity Title Solutions operates in every Nebraska county and operates brick-and-mortar offices in Omaha, Nebraska City, Aurora, and Columbus. Remote services are available in other communities.

Read on to find out more information.

ATTOM is launching Property Navigator, a solution offering quick access to property information, market analysis and comparables across 155 million-plus properties.

Read on to learn more.

A new market report from Zillow shows interest rate changes and a record low number of new listings in February complicated transactions for both homebuyers and sellers.

Read on to find out more information.

Utah First Title Insurance Agency has been acquired by Security Service Federal Credit Union. Utah First Title is an independently owned and operated firm located just south of Salt Lake City.

According to those involved in the deal, Utah First Title will maintain operations under its current name.

Read on to find out more information.

The 2023 Voice of The Title Agent special report will be available next week.

Eight survey participants were chosen as winners of various prizes, including a registration to the 2023 National Settlement Services Summit in St. Louis, digital subscriptions to The Title Report, and basketballs autographed by NBA legend Rick Barry.

Read on to learn who won.

SoftPro has been renewed by the American Land Title Association (ALTA) as an ALTA elite provider, which recognizes companies ALTA feels promote highest industry standards and provide effective solutions for critical needs.

Read on to find out more.

New data from Redfin shows the typical homebuyer’s down payment decreased 10 percent in January compared with the start of 2022. That January down payment was equal to 10 percent of typical purchase prices.

Read on to find out more.