News By Edition

Ongoing effects from 2024’s Hurricane Helene are hurting North Carolina residents as well as its home transaction volume entering the new year.

Attorney Jaime Kosofsky shared struggles with The Title Report, detailing drops in home transaction volume within the state as well as efforts to solidify emergency video notarization measures.

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Chicago-based Proper Title has expanded its residential sales team with the hiring of a pair of seasoned title industry veterans.

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First American Deputy Chief Economist Odeta Kushi provided a housing market outlook for 2025, cautioning industry peers to expect progress but not a return to pre-pandemic booms.

Housing inventory issues, a defining feature of the pandemic and post-pandemic markets, are likely to persist in the year ahead, according to Kushi.

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A new report shows a large portion of business leaders expressed doubt over the effectiveness and safety of artificial intelligence- (AI) driven cybersecurity solutions.

The study cited rising concern over distributed denial-of-service (DDoS) attacks, with 65 percent of leaders across surveyed regions anticipating AI-driven DDoS attacks to dominate within the next four years.

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October Research’s Keys to Real Estate podcast broke its season hiatus for an exclusive interview with Dr. Mark Calabria, senior advisor at the Cato Institute and former Federal Housing Finance Agency director under Donald Trump.

In conversation with Chief Knowledge Officer Mary Schuster, Calabria shared his perspective on what the housing and lending industries might face during Trump’s second term.

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Dark Matter Technologies has tapped a veteran sales leader with decades of industry experience as its new chief revenue officer.

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Rocktop Technologies is putting forth a process automation solution aiming to drive down costs and cut inefficiencies in the foreclosure management process.

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Home sales are up 28 percent year over year in Portland, Ore., the biggest gain of any major U.S. metro, according to new data from Redfin.

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First American Title Insurance Co. is partnering with a global urban planning platform provider to launch a 3D real estate platform mapping the greater New York metro area.

First American will leverage the platform to augment automation efforts and accelerate informed analysis, forecasting, and decision-making, company leaders said.

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A newly announced program from Volly supports collaboration between loan officers and real estate professionals by providing direct access to Volly’s network portal and comprehensive marketing services.

Volly’s services are offered through WFG Enterprise Solutions, which provides a wide range of customizable services for lenders of all sizes.

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The Clearing House’s RTP network nearly doubled its number of transactions in 2024 compared to the previous year while transaction volume surged by almost 40 percent.

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Title and mortgage service provider Invicto has tapped a long-time leader in revenue optimization and client relationship management as its new chief revenue officer.

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Nearly 40 percent of home purchases made by people 65-plus occur in counties with high risk of extreme heat, compared with 32 percent of purchases made by people under 35, according to Redfin.

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Old Republic International Corp. announced its formation of Old Republic Cyber Inc., which will provide cyber and technology errors and omission insurance products.

The new subsidiary will be led by a pair of leaders who both bring 15 or more years of cyber underwriting experience to their new positions.

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Virginia-based AllTech National Title is expanding its footprint in New York, announcing a new partnership with a long-standing title services provider within the state.

The deal will provide the New York business with AllTech technology platforms, including artificial intelligence tools designed to streamline processes and boost operational efficiency.

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With the Financial Crimes Enforcement Network’s anti-money laundering rule targeting real estate transactions taking effect in December, a pair of experts laid out what it means for the title insurance industry.

This rule is designed to address the misuse of real estate for money laundering, an issue that has historically plagued the industry.

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Stewart Information Services Corp. has tapped a new chief underwriting counsel for the Stewart Title family of companies and chief underwriter for Stewart National Commercial Services.

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Guaranty Escrow is partnering with BitGo to provide security and regulatory assurance for cryptocurrency real estate transactions.

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Competition among buyers never cooled in Buffalo, N.Y., last year, and that heat should keep smoldering through 2025, according to Zillow.

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A Chicago attorney and title insurance industry veteran has launched Guardian Title Group in Illinois, serving clients in the Chicago metropolitan area and beyond.

The founder down with The Title Report to detail what led up to the business’ creation and his aspirations to eventually serve clients across all of Illinois.

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Maryland-based Community Title Network has acquired a long-standing title agency within its home state and the Washington, D.C., region.

It is the eighth acquisition completed by Community Title Network. Leaders said the company’s most recent deal will help fill a geographic service void while improving customer experiences.

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Two title agencies flying under the NexTitle Family of Companies banner have sold off title plant seats in Oregon and Hawaii to an undisclosed buyer.

Leadership at Northwest Title and First Hawaii Title said they’re happy to have helped a newcomer carve their path within the title industry.

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Blue Sage Solutions’ digital lending platform has become the first loan origination system to fully integrate with Fannie Mae’s income calculator.

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Legal 1031 Exchange Services, a division of Kensington Vanguard National Land Services, has appointed a new exchange director covering New England.

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New listings of homes posted their second-biggest annual increase since early summer, and pending home sales continue to rise, according to Redfin.

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A panel of cybersecurity experts called for a defined set of title insurance industry cybersecurity standards, saying that not doing so will invite outside entities to fill that gap.

Worldwide, cybercrime cost companies an estimated $8 trillion in 2023, with that total expected to rise to nearly $24 trillion by 2027, according to the U.S. Agency for International Development.

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Commercial real estate information and analytics provider CoStar Group is partnering with eXp Commercial, a national real estate brokerage, providing eXp advisors with insights into national property values, market conditions and availability.

Access to CoStar’s solution-driven suite of services is expected to contribute to the eXp Commercial’s continued growth in the industry, company leaders said.

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A new report from the U.S. Chamber of Commerce and advisory firm RSM showed middle market business optimism increasing in the fourth quarter.

Forty-four percent of middle market executives noted economic improvement, and more than 60 percent said they expect a general improvement over the next six months.

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Stewart Title Guaranty Co. has hired a new business development officer for the Baltimore metropolitan statistical area, part of the Mid-Atlantic commercial division.

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Cloud-based title, escrow and accounting production platform provider Settlor is integrating with INTRUST Bank, with benefits including access to secondary approval without having to leave the Settlor portal.

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A fourth quarter home affordability report from ATTOM shows median-priced single-family homes and condos remain out of reach for many buyers.

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HomeLight’s annual Top Agent Insights report showed many real estate professionals are guiding homebuyers and sellers through perceived “confusion” stemming from the National Association of Realtors settlement.

Forty-two percent of agents said that sellers are still accepting a traditional 3 percent listing agent commission, while 33 percent are seeing sellers requesting a 2.50 percent commission.

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Multiple industry leaders shared their thoughts with The Title Report regarding how long-existing legacy technology is helping to build bridges to adopt newer platforms and innovations.

A recurring theme among all respondents was the necessity for uniform, industry-wide regulations regarding technologies like eClosing and remote online notarization.

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Real estate tech firm reAlpha Tech. Corp. has put forth the enterprise version of its artificial intelligence-powered homebuying platform, catering specifically to corporate relocation programs.

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Voxtur has announced an integration with software platform provider MeridianLink, offering clients access to its array of real estate technology products and services through a single point of entry.

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North Texas Real Estate Information Systems has announced the retirement of its CEO, effective at the end of January. A nationwide search for his successor is underway.

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On a year-over-year basis, home prices rose 5.7 percent in November, the smallest annual increase since October 2023, according to new data from Redfin.

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