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April 21, 2025

The Title Report Edition
April 21, 2025
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Rocket Companies-Mr. Cooper deal expected to close in Q4
Posted Date: Tuesday, April 1, 2025
Rocket Companies announced a $9.4 billion all-stock acquisition agreement with mortgage servicer Mr. Cooper Group Inc. that leaders of both companies say will generate more revenue opportunities, as well as value and cost savings for their clients. The transaction is expected to close in the fourth quarter, pending regulatory approval. Read on to learn more.

NAHB: More logging from federal lands, higher tariffs expected later in year
Posted Date: Friday, April 11, 2025
In a move that the National Association of Home Builders (NAHB) has encouraged, President Trump signed an executive order that calls for a 25 percent increase in timber production from federal lands. However, tariffs on Canadian lumber shipments into the U.S. are expected to more than double by September. Read on to find out more.

Webinar: Pat Stone shares his Q2 Economic Outlook
Posted Date: Friday, April 11, 2025
Even though there is a high level of uncertainty in the economy, there are plenty of opportunities for businesses to grow in 2025, according to an industry expert. Patrick Stone, chairman and founder of Williston Financial Group, shared a wide swath of economic data and predictions for this year during the “Q2 Economic Outlook” complimentary webinar offered by The Title Report. Read on to find out more.

Real estate law firm expands services in South Florida
Posted Date: Friday, April 11, 2025
Strang Tryson, PLLC, announced it is expanding its legal service footprint with an enhanced focus on complex real estate litigation cases in Miami Beach, Miami and Coral Gables. The attorneys will bring “a client-centric approach” to navigating disputes involving contracts, title issues, and commercial property disagreements, according to a release. Read on to learn more.

AccuTitle adds senior director of sales for Accuair
Posted Date: Friday, April 11, 2025
AccuTitle announced its new senior director of sales for Accuair has served as a leader in Florida and the Southeast. Read on to learn more.

United Tax Services launches non-escrow reporting product
Posted Date: Friday, April 11, 2025
United Tax Services launched its new non-escrow reporting product, which company leaders say is designed to provide mortgage customers with enhanced accuracy, automation and financial protection. Read on to find out more.

Redfin: Value of homes in majority-Hispanic neighborhoods on the rise
Posted Date: Friday, April 11, 2025
The total value of homes in majority-Hispanic neighborhoods increased year-over-year to $2 trillion in 2024, according to a new report from Redfin. Read on to learn more.

Flatworld Solutions leader discusses five ways tariffs will affect housing space
Posted Date: Thursday, April 10, 2025
The leader of a business solutions firm says that tariffs affect the housing and mortgage lending industries on multiple fronts. Rajeev Kumar, executive vice president of Flatworld Solutions, told The Title Report about five “critical ways” in which tariffs are “quietly shaping” the industry and discussed their “hidden impacts” that should command more attention. Read on to learn more.

Ubitquity Inc. launches NFT title creation system
Posted Date: Thursday, April 10, 2025
Ubitquity announced the launch of NFTMyHome, an NFT title creation system that its CEO called a “bold step toward mainstream adoption of blockchain in real estate.” The platform helps users create NFT titles backed by legal and historical property data, while linking documentation, property images and personalized metadata. Read on for more information.

La Rosa Holdings Corp. offers commission advancement program
Posted Date: Thursday, April 10, 2025
La Rosa Holdings Corp. announced the launch of a commission advancement program for its agents. Through this program, agents will have access to funds to cover business expenses, fuel growth opportunities, or address personal financial needs. Read on to learn more.

True Title has new office leader at Colorado site
Posted Date: Thursday, April 10, 2025
True Title Co. opened a new office in Buena Vista, Colo., and the site will be led by a manager who has more than a decade of expertise in title and escrow services. Read on to learn more.

Clear Title Agency of Arizona hires new sales executive
Posted Date: Thursday, April 10, 2025
Clear Title Agency of Arizona announced it has hired a new sales executive who will work in the Scottsdale region. Read on to find out more.

Redfin: 20 percent of homebuyers selling stocks to help cover down payment
Posted Date: Thursday, April 10, 2025
One in five (20 percent) prospective homebuyers expect to sell stocks to help fund their next down payment, according to a new survey from Redfin. Read on for more information.

Nest Title & Escrow expands footprint
Posted Date: Tuesday, April 8, 2025
Nest Title & Escrow announced the expansion of its real estate title and closing services. Company leaders say this move will allow the firm to better serve residents, homebuyers, and real estate professionals with “an efficient, reliable title and closing process.” Read on to learn more.

NFIB: Small-business optimism declines, uncertainty drops
Posted Date: Tuesday, April 8, 2025
Optimism among small-business owners continued to decline in March, according to the National Federation of Independent Business (NFIB). However, after increasing to its second-highest recorded reading in February, the NFIB’s Uncertainty Index dropped by eight points. Read on to learn more.

The Clearing House’s ACH network grew in 2024
Posted Date: Tuesday, April 8, 2025
Transaction volume on the EPN system, the ACH network operated by The Clearing House, grew 6.2 percent in 2024 and is continuing that growth in 2025, according to a release. Read on to learn more.

Peak 1031 Exchange Inc. hires VP of business development
Posted Date: Tuesday, April 8, 2025
Peak 1031 Exchange Inc. announced it hired a new vice president of business development who has a “deep understanding of 1031 exchanges,” according to its leader. Read on to find out more.

Ubitquity launches enterprise-class token
Posted Date: Tuesday, April 8, 2025
Ubitquity, a blockchain-secured web3 platform for real estate and title recordkeeping, announced the launch of an enterprise-class token, the latest addition to the company’s family of utility tokens. Read on to find out more.

Redfin: Bay Area, New York metros see more homes selling above list price
Posted Date: Tuesday, April 8, 2025
Eight of the 50 most populous metropolitan areas saw a rise in the share of homes selling for above the original list price in February, according to Redfin. Read on to learn more.

Pioneer Title Co. works with foundation to help more people become homeowners
Posted Date: Friday, April 4, 2025
Pioneer Title Co., in collaboration with the Community Foundation of North Central Washington (CFNCW), launched an initiative to help working families in north central Washington state became homeowners. Leaders from both organizations spoke with The Title Report about the down payment assistance program. Read on to find out more information.

Caliber launches 1031 exchange program
Posted Date: Friday, April 4, 2025
Caliber announced the launch of the Caliber 1031 Exchange, a program that offers accredited investors access to curated real estate investment opportunities, enabling them to defer capital gains taxes. Read on to find out more.

40 percent of small-business owners have jobs they cannot fill
Posted Date: Friday, April 4, 2025
The National Federation of Independent Business’ March Jobs report found that 40 percent (seasonally adjusted) of small-business owners reported job openings they could not fill in March, up two points from February. Job openings were the highest in the construction sector. Read on to learn more.

Pippin Title names VP of business development
Posted Date: Friday, April 4, 2025
Pippin Title announced it has promoted an employee who has helped expand the company’s platforms to vice president of business development. Read on to learn more.

QC Ally earns security SOC 2 certification
Posted Date: Friday, April 4, 2025
QC Ally announced that it has achieved SOC 2 Type II certification. Read on to learn more.

Redfin: More condos in February sold below asking price
Posted Date: Friday, April 4, 2025
Roughly two-thirds of condos sold in February sold for less than their original asking price, up by 5 percent from a year earlier, according to a new report from Redfin. Read on to find out more.

NAHB: Canadian lumber tariff exception ‘a major win’
Posted Date: Thursday, April 3, 2025
The National Association of Home Builders (NAHB) leaders said they are pleased that Canada and Mexico are exempted from the 10 percent baseline tariff imposed by President Trump and that there is a specific exemption for lumber from any new tariffs. The NAHB said the tariff exceptions amount to “a major win” for its organization. Read on to learn more information.

Fitch forecasts declining housing growth in 2025
Posted Date: Thursday, April 3, 2025
The housing economy growth is projected to decelerate in 2025, according to Fitch Ratings’ U.S. Cross-Sector Housing Monitor. Tariffs and labor concerns contributed to Fitch’s forecast for flat-to-declining housing starts and completions in 2025 compared with 2024. Read on to learn more.

Demotech lowers rating for CATIC
Posted Date: Thursday, April 3, 2025
The financial stability rating (FSR) assigned to CATIC has been downgraded by Demotech. An FSR summarizes Demotech’s opinion of the insurer’s financial stability. Read on to learn more.

Kensington Vanguard hires VP of commercial business development
Posted Date: Thursday, April 3, 2025
Kensington Vanguard National Land Services has brought in a 30-year industry veteran to serve as its vice president of commercial business development. Read on to learn more.

BSI Financial Services launches HELOC subservicing solution
Posted Date: Thursday, April 3, 2025
BSI Financial Services has launched a home equity line of credit (HELOC) subservicing solution that leaders say will address inefficiencies in the HELOC servicing market. Read on to learn more.

Redfin: Midwest home to five of 10 top neighborhoods for home sales
Posted Date: Thursday, April 3, 2025
Five of Redfin’s 10 hottest neighborhoods for home sales in 2025 are in Midwest suburbs, according to a new report from Redfin. Read on to find out more.

Economist: Home affordability showing improvement
Posted Date: Tuesday, April 1, 2025
Home affordability started the year poorly, but preliminary February data showed some improvement due to lower mortgage rates, slower price appreciation, and rising incomes, according to First American Chief Economist Mark Fleming. Read on to learn more.

Zavvie launches AI-powered home financing platform
Posted Date: Tuesday, April 1, 2025
Zavvie has initiated an AI-powered platform called HomeFAI that its leader said will bring “unprecedented speed” to home financing. Read on to find out more.

Patten Title announces merger of closing teams, promotion of leader
Posted Date: Tuesday, April 1, 2025
Patten Title announced the merger of two closing teams into a new team, which will be led by a company veteran. Read on to learn more.

Transnation Title names new CEO
Posted Date: Tuesday, April 1, 2025
Transnation Title Agency announced two leadership transitions within its firm, including a new CEO. Read on to learn more.

Redfin: Monthly housing payments at all-time high
Posted Date: Tuesday, April 1, 2025
The typical homebuyer’s monthly housing payment hit an all-time high during the four weeks ending March 23, up more than 5 percent from a year ago, according to a report from Redfin. Read on to learn more information.


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