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Private company acquires majority stake in Westcor
Posted Date: Monday, September 21, 2020
A New York-based group focused on long-term control and other strategic investments in financial services companies and related businesses has agreed to acquire a majority stake in Westcor.
Westcor President and CEO Mary O’Donnell said the two companies share the same values and vision, which will allow Westcor to continue to expand its business.
Read on for more details.
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ALTA announces award winners
Posted Date: Wednesday, October 7, 2020
The American Land Title Association (ALTA) Wednesday announced the winners of its 2020 ALTA Our Values Awards during the ALTA One virtual conference.
Read on for more details.
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ALTA launches wire fraud campaign
Posted Date: Friday, October 2, 2020
The American Land Title Association (ALTA) has launched a campaign to help educate homebuyers and policymakers about the dangers of wire transfer fraud.
Read on for more details.
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Southern Title executive gains certification
Posted Date: Friday, October 2, 2020
Southern Title Director of Information Security and Technology Paul Noga recently earned the certified information security manager (CISM) certification.
Read on to learn more.
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Glen Oak closes second bitcoin transaction
Posted Date: Friday, September 25, 2020
Glen Oaks Escrow recently announced that it closed its second bitcoin transaction, the company announced.
In this instance, the homebuyer contacted the Glen Oaks office in San Diego to inquire about using bitcoin after hearing about previous Bitcoin transactions. The company decided to start accepting bitcoin payments two years ago.
Read on to learn more.
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Shaddock takes Capital Title into Washington
Posted Date: Friday, September 25, 2020
Dallas-based Shaddock National Holdings has expanded its national title services by introducing its Capital Title brand into Washington, the company announced.
The company has hired an industry veteran with more than two decades of experience in title, brokerage and proptech to oversee operations in Washington.
Read on to learn what Shaddock National Holdings President Mike Rubin said about the expansion.
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Flueid names chief information officer
Posted Date: Friday, September 25, 2020
Flueid recently hired a former senior vice president at Xome to serve as its chief information officer.
The newest member of Flueid’s team also previously worked in senior management positions for Fidelity National Financial and Land American Financial Group.
Read on to learn what Flueid CEO Peter Bowman had to say about the latest hire.
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Title Partners adds senior vice presidents
Posted Date: Friday, September 25, 2020
Texas-based Title Partners recently expanded its business development team with the addition of two senior vice presidents, the company announced.
Read on to learn more.
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ALTA develops diversity statement
Posted Date: Friday, September 25, 2020
The American Land Title Association has developed a sample diversity, equity, and inclusion statement.
Read on to learn more.
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Fidelity: More than 800,000 digital opening packages delivered
Posted Date: Wednesday, September 23, 2020
Fidelity National Financial said it has delivered more than 800,000 startSafe digital opening packages to consumers as part of its initiative to promote a safer and transparent experience for agents and buyers.
Fidelity said startSafe helps mitigate wire fraud risk for buyers and sellers. It includes mobile earnest money deposit,
Read on for more details.
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AmTrust, AccuTitle partner
Posted Date: Wednesday, September 23, 2020
AmTrust Title has integrated AccuTitle’s TitleFusion, Closers’ Choice and Landtech into its offerings, both companies announced.
AmTrust Title National Agency Region Manager Thomas Klein said the company is pleased to integrate and add these exceptional services to its network. The integration will include CPLs, jackets, and title search orders.
Read on to learn more.
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Meridian Title chooses ZOCCAM
Posted Date: Wednesday, September 23, 2020
Meridian Title Corp. has partnered with ZOCCAM to provide mobile deposits to more than 30 locations in Indiana, Illinois, and Michigan, the company announced.
Meridian Executive Director of Sales and Marketing Brent Fielder said the convenience provided by ZOCCAM’s mobile app will be a timesaver for clients and highlights the company’s commitment to service.
Read on for more details.
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Knight Barry expands Texas team
Posted Date: Wednesday, September 23, 2020
Knight Barry Title Texas recently expanded its team with the addition of an escrow coordinator, two escrow officers, and a processor.
Read on for more details.
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Home-flipping rates increase
Posted Date: Wednesday, September 23, 2020
During the second quarter, the gross flipping return on investment increased both on a month-to-month and a year-over-year basis.
Read on for more details.
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Mortgage Network adds loan officer
Posted Date: Wednesday, September 23, 2020
Mortgage Network, Inc. has hired a mortgage loan officer for its Danvers, Mass. branch.
Read on to learn more.
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Realogy’s digital closings soar
Posted Date: Monday, September 21, 2020
Realogy Title Group said it has had a 200 percent year-over-year increase in adoption of digital closings using remote online notarization in the first six months of 2020.
Realogy said the coronavirus pandemic has served as a catalyst for adoption of RON as the only viable solution for a secure, remote, same-day closing transaction.
Read on to learn more.
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SitusAMC acquires third-party loan servicing platform
Posted Date: Monday, September 21, 2020
SitusAMC Holdings Corp. has acquired the third-party loan servicing and asset management platform of Cohen Financial, a division of Truist Financial Corp.
SitusAMC said the acquisition expands its U.S. primary servicing, asset management and special servicing portfolio to approximately 10,000 loans representing more than $130 billion in total unpaid principal balances.
Read on to learn more.
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Home values up sharply
Posted Date: Monday, September 21, 2020
The highest year-over-year increases in home values were in Phoenix, San Jose, Calif., and Seattle.
Read on for more details.
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Angel Oak expanding in six states
Posted Date: Monday, September 21, 2020
Angel Oak Home Loans will soon be opening new branches in California, Oregon, Idaho, Nevada, Arizona, and Washington.
Read on to learn more.
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Stewart acquires Alaskan title agency
Posted Date: Wednesday, September 16, 2020
Stewart Title has acquired an Alaskan title agency with offices in Fairbanks, Anchorage and Wasilla, the company announced. Exact financial terms of the deal were not immediately disclosed.
Stewart Group President Steve Lessack said the acquisition is an example of finding a like-minded title agency that puts an emphasis on customer service and relationship building.
Read on to learn more.
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CoreLogic rejects revised acquisition bid
Posted Date: Wednesday, September 16, 2020
CoreLogic reportedly has rejected a revised unsolicited acquisition bid from Senator Investment Group LP and Cannae Holdings Inc. to acquire all its outstanding common shares for $66 each.
The company said the new bid continues to “significantly undervalue” the company, fails to address the “serious regulatory concerns” and is not in the best interest of shareholders.
Read on for more details.
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Docutech becomes First American Docutech
Posted Date: Wednesday, September 16, 2020
Acquired earlier this year by First American, Docutech has rebranded to First American Docutech, the company announced.
First American and Docutech said their combined offerings enable lenders and settlement agents to accelerate closings by digitizing and streamlining the creation, delivery, execution, and perfection of mortgage documents.
Read on for more details.
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ResWare, DocuSign integrate
Posted Date: Wednesday, September 16, 2020
Adeptive Software has integrated DocuSign’s services into its ResWare platform.
Read on for more details.
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Housing markets poised for growth
Posted Date: Wednesday, September 16, 2020
Mid-sized cities such as Boise, Idaho, and Syracuse, N.Y., are among the top housing markets poised for growth.
Read on for more details.
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eOriginal enhances eClosing platform
Posted Date: Wednesday, September 16, 2020
eOriginal recently released ClosingCenter 2.2 which it said increases the efficiency and convenience of digital closings for lenders, borrowers, and settlement agents.
Read on to learn more.
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Blockchain marketplace for title companies called ‘gamechanger’
Posted Date: Tuesday, September 15, 2020
An enterprise-ready Blockchain-secured platform for real estate and title recordkeeping has launched a Blockchain marketplace with a fully interactive Figma demo.
Ubitquity LLC said its BlockSTRACT marketplace is an absolute gamechanger for the title industry. The platform also is compatible with Qualia.
Read on to learn what Ubitquity founder and CEO Nathan Wosnack had to say about the launch.
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Stewart launches brand campaign
Posted Date: Tuesday, September 15, 2020
Stewart has launched a new brand campaign designed to reframe the company in the marketplace, the company announced.
In addition to a new logo, Stewart said its website (Stewart.com) and marketing branding materials will reflect the modernization of the new company approach.
Read on to learn what CEO Fred Eppinger had to say about the changes.
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NexTitle appoints chief strategy officer
Posted Date: Tuesday, September 15, 2020
NexTitle has hired a former eXp World Holdings executive to serve as its chief strategy officer, the company announced.
NexTitle CEO Stephen Routh said the newest member of his C-Suite has “vast experience as a real estate lawyer, brokerage executive, and real estate industry leader” and a proven track record of success.
Read on to learn who NexTitle selected.
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Fidelity expands National Title brand into Georgia
Posted Date: Tuesday, September 15, 2020
Fidelity National Financial (FNF) has hired an industry veteran to introduce National Title Insurance of New York, Inc.’s Agency Operation in Georgia.
Read on to learn more.
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Orchard Title parent raises $69 million
Posted Date: Monday, September 14, 2020
The homebuying marketplace which provides title services through Orchard Title recently completed a $69 million Series C equity funding round led by Revolution Growth, with participation from existing investors FirstMark, Navitas, Accomplice, and Juxtapose.
Orchard said it will use the investment to expand its product offerings and grow its team in New York, Texas, Colorado, and Georgia.
Read on to learn more.
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Industry’s second-quarter premiums increase
Posted Date: Monday, September 14, 2020
The title insurance industry generated $4.18 billion in title insurance premiums during the second quarter of 2020, according to an analysis by the American Land Title Association.
ALTA CEO Diane Tomb said 2020 could become be one of the strongest years on record, depending on how the commercial market performs during the rest of the year.
Read on for more details.
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FNF launches weekly podcast
Posted Date: Monday, September 14, 2020
The FNF Family of Companies recently launched a weekly podcast that focuses on real estate matters, the company announced.
FNF said FNF Unplugged is produced by its National Agency Team and aims to be the “talk of the title, settlement and real estate industry.”
Read on to learn which FNF executives will be producing the podcast.
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Second-quarter iBuyer purchases decline
Posted Date: Monday, September 14, 2020
During the second quarter, the share of homes purchased
by iBuyers was the smallest since the first quarter of 2017.
Read on to learn more.
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Counsellors Title expands team
Posted Date: Monday, September 14, 2020
New Jersey-based Counsellors Title Agency, Inc. recently expanded its team with the addition of a title officer and announced two promotions.
Read on to learn more.
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August foreclosures down
Posted Date: Monday, September 14, 2020
During August, South Carolina, Florida, Iowa, Maryland, and New Mexico had the highest foreclosure rates.
Read on to learn more.
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Attractive areas for housing development
Posted Date: Thursday, September 10, 2020
ATTOM Data Solutions has identified the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits.
Read on to learn more.
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