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 Eppinger: Stewart has made ‘real’ progress
Posted Date: Wednesday, October 28, 2020
As Stewart Information Services Corp. reported improved third-quarter numbers, CEO Fred Eppinger reflected on the past year which included a terminated merger deal with Fidelity and the onset of the COVID-19 pandemic.
Eppinger said he was proud of how Stewart and its employees have handled the change and turbulence of the past year.
Read on for more details.
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First American invests $40 million into digital title and escrow company
Posted Date: Thursday, November 12, 2020
First American Financial Corp. recently announced an additional $40 million investment into its digital title and escrow company Endpoint.
First American CEO Dennis Gilmore said Endpoint’s success “reflects First American’s 130-year history of leading the title and settlement industry in enhancing the customer experience.”
Read on for more details, including how Endpoint plans to use the money.
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Integrity Title Co. of Texas, Qualia integrate
Posted Date: Thursday, November 12, 2020
The largest title production center in Texas recently announced a suite of integrations with the digital real estate closing platform Qualia.
The integration between Integrity Title Co. of Texas and Qualia was announced during the latter’s fall session of its Future of Real Estate Series.
Read on to learn what the CEOs of both companies had to say about the integration.
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NexTitle announces ‘record’ results
Posted Date: Thursday, November 12, 2020
The joint venture title and escrow company NexTitle announced record results for the third quarter, including all-time quarterly records in all its market centers.
CEO Stephen Routh said the company’s third-quarter performance is “proof positive that our joint venture model is on the leading edge of a rapidly changing title industry.”
Read on for more details about NexTitle’s third-quarter performance.
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Weichert announces regional manager
Posted Date: Thursday, November 12, 2020
Weichert Real Estate Affiliates, Inc. has named a new regional director for the southern region.
Read on for more details.
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Realogy Title Group’s third-quarter refinances soar
Posted Date: Wednesday, November 11, 2020
A more than 100 percent increase in third-quarter refinances helped to significantly improve Realogy Title Group’s bottom line, according to the company’s latest earnings statement.
CEO Ryan Schneider said the company’s strategic and technology focus combined with the strong housing market drove huge earnings delivery, substantial transaction volume growth, and market share gain during the third quarter.
Read on for more details.
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Premier Title Agency partners with Bank Shot
Posted Date: Wednesday, November 11, 2020
Phoenix-based Premier Title Agency has partnered with Bank Shot to deploy the latter’s app to help decrease fraud, the companies announced.
Premier Title Agency President Jerry Calley said the partnership with Bank Shot helps it “adapt to the new, virtual world we’ve all found ourselves in this year.”
Read on to learn more about the partnership.
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AmTrust, SnapClose integrate
Posted Date: Wednesday, November 11, 2020
SnapClose has integrated AmTrust Title Insurance Co.’s policies, closing protection letters and policy jackets directly into its platform, the companies announced.
The integration enables title agents, attorneys and escrow officers to generate AmTrust documents from within the SnapClose Pro platform. SnapClose is a cloud-based title closing software.
Read on for more details about this integration.
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MISMO selects president
Posted Date: Wednesday, November 11, 2020
MISMO has selected an executive from the U.S. Department of Housing and Urban Development as its new president.
Read on for more details.
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Continental Title expands team
Posted Date: Wednesday, November 11, 2020
Continental Title Co. recently expanded its team with the addition of four business development representatives for its St. Louis and Kansas City, Mo. offices.
Read on to learn more.
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Fathom acquires North Carolina title agency
Posted Date: Tuesday, November 10, 2020
Fathom Holdings Inc. has signed a definitive agreement to acquire a North Carolina-based title agency, the company announced. Financial terms of the deal were not disclosed.
The acquired agency is a technology-based provider of title insurance services for the residential real estate market. The company operates in 19 states.
The deal is expected to be completed in the fourth quarter.
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Stewart partners with CertifID
Posted Date: Tuesday, November 10, 2020
Stewart has entered into a partnership agreement with CertifID to deploy the latter’s platform to securely connect and send wire instructions to customers, the company announced.
Stewart Group President Steve Lessack said the partnership is another way the company is stepping up to combat wire fraud and make the real estate closing process safer.
Read on to learn more.
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Small businesses struggling to find ‘qualified’ applicants
Posted Date: Tuesday, November 10, 2020
More than half of small-business owners (55 percent) surveyed by NFIB reported hiring or trying to hire in October, down 1 point from September.
NFIB Chief Economist Bill Dunkelberg said the increase in the number of unemployed has done little to help small businesses improve the quality of their applicants.
Read on for more details.
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Percentage of equity-rich properties increases
Posted Date: Tuesday, November 10, 2020
A new report from ATTOM Data Solutions found 16.7 million residential properties in the United States were considered equity-rich during the third quarter.
Read on for more details.
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CSC adds 29 counties
Posted Date: Tuesday, November 10, 2020
Wilmington, Del.-based CSC recently added 29 new counties in 17 states to its eRecording network.
Read on for more details.
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Fidelity generates record pre-tax earnings
Posted Date: Thursday, November 5, 2020
The combination of the spring selling season and rising refinances pushed Fidelity National Financial, Inc.’s title segment to a record quarter, according to the company’s latest earnings statement.
Fidelity Chairman William Foley, II said the company’s third-quarter performance included sequential improvement every month in closed orders per day.
Read on for more details about Fidelity’s third-quarter earnings.
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First National Title expands into Utah
Posted Date: Thursday, November 5, 2020
First National Title Insurance Company recently announced its expansion into Utah, as well as several new team members to aid the expansion.
The new members include an agency representative for the company’s western region, and a national forms manager for its operations team.
Read on to learn what President and CEO Chris Phillips said about the new hires.
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First American DataTree’s search engine gains patent
Posted Date: Thursday, November 5, 2020
First American DataTree has received a patent from the U.S. Patent and Trademark Office for its property data search engine that instantly searches against any word, phrase, name or item in any recorded document nationwide.
First American DataTree President Robert Karraa said FlexSearch is a testament to the company’s commitment “to deliver best-in-class data through innovative solutions.”
Read on for more details.
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PropLogix updates website, logo
Posted Date: Thursday, November 5, 2020
PropLogix recently unveiled a new logo and updated website it said will highlight its resource library of educational content.
Read on to learn more.
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Westcor hires agency representative
Posted Date: Thursday, November 5, 2020
Westcor Land Title Insurance Co. has hired an agency representative to service the Gulf Coast and Louisiana.
Read on for more details.
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Fidelity elects independent director
Posted Date: Thursday, November 5, 2020
Fidelity National Financial, Inc. recently announced the election of an independent director to its board of directors.
Read on for more details.
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Shaddock acquires NexTitle’s California operations
Posted Date: Monday, November 2, 2020
Shaddock National Holdings has reached a definitive agreement to acquire NexTitle’s operations in California, the company announced. Financial terms of the deal were not disclosed.
Shaddock said the acquisition is pending California regulatory approval. Upon regulatory approval, NexTitle’s California operations will become Shaddock National Title. All NexTitle staff will remain.
Read on to learn more about the acquisition.
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First American’s title segment sets record pretax margin
Posted Date: Monday, November 2, 2020
The refinance surge helped First American Financial Corp.’s title insurance segment to more than a double-digit increase in third-quarter total revenue, according to the company’s latest earnings statement.
First American CEO Dennis Gilmore said the company is optimistic low rates and demographic tailwinds will continue to drive strong purchase and refinance activity.
Read on for more details.
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PropertySync names CEO
Posted Date: Monday, November 2, 2020
The cloud-based SaaS title plant platform PropertySync has named a former chief operating officer for NextAce Corp. and president of SKLD Title Services as its first chief executive officer.
PropertySync President Jason Kimmel said the new CEO has a deep understanding of the role effective title plants play in an agent’s operation, as well as passion for automation and efficiency.
Read on for more details.
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Third-quarter home gains rise
Posted Date: Monday, November 2, 2020
Profits for home sellers nationwide continue to hit high points despite the economic distress caused by the worldwide coronavirus pandemic.
Read on to learn more.
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Mortgage Network hires loan officer
Posted Date: Monday, November 2, 2020
Mortgage Network, Inc. has hired a mortgage loan officer for its Boston branch. Read on for more details.
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Townstone seeks to dismiss CFPB enforcement action
Posted Date: Wednesday, October 28, 2020
A small Chicago mortgage company is asking the financial services industry for help in its fight against the Consumer Financial Protection Bureau (CFPB).
Townstone filed a motion to dismiss the suit this week in U.S. District Court for the Northern District of Illinois. The company also has launched a website, Townstone Fights for Free Speech.com.
Read on for more details.
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Shaddock Holdings adds to C-Suite
Posted Date: Wednesday, October 28, 2020
Shaddock National Holdings has hired a chief financial officer (CFO), the company announced.
The company’s new CFO’s focus will be leading and executing the financial and operational initiatives of Shaddock National Holdings as they continue to expand title operations nationally and within the different business lines under Shaddock National.
Read on for more details about the new hire.
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Westcor adds agency representative
Posted Date: Wednesday, October 28, 2020
Westcor Land Title Insurance Co. has hired an agency representative for north Texas, Oklahoma and Arkansas.
Read on to learn more.
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NTC names chief revenue officer
Posted Date: Wednesday, October 28, 2020
Nationwide Title Clearing, Inc. has been named a chief revenue officer.
Read on for more details.
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SimpleNexus hires director
Posted Date: Wednesday, October 28, 2020
SimpleNexus has hired a director of solution engineering.
Read on for more details.
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