News By Edition

Flueid CEO Peter Bowman spoke with The Title Report about “demystifying” the verification of title and advancements made to the process under his watch.

Bowman emphasized that the title industry is at a pivotal moment, where risk assessment through decisioning platforms can be both better understood and widely accepted.

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Closinglock Chief Operating Officer Weston Conway sat down with The Title Report to detail his company’s new wire fraud insurance geared specifically toward real estate transactions, citing its role in increased security and transparency.  

The new insurance provides real-time feedback within the Closinglock platform, giving users clarity on coverage for individual transactions.

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Indiana-based Voyager Title is partnering with case management system provider CaseMax on a multi-state expansion, company leaders announced.

Voyager Title leaders said they chose CaseMax for its easy integration solutions, allowing the company to quickly implement the system in new states and optimize workflows without the need for extensive customization.

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Grand Rapids, Mich.-based Sun Title has opened a new office in its home state that company leaders say is Sun Title’s most technology-enabled to date.

The new office will offer expanded digital closing options with efforts made to create closing experiences tailored for each individual client, according to company leaders.

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Nevada-based ROC Title has appointed a new vice president of sales who will lead team members in the company’s home state as well as Arizona.

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Digital real estate closing provider Pavaso achieved SOC 2 Type 2 certification, demonstrating adherence to top cybersecurity and data control standards.

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New data from Zillow shows September’s brief mortgage rate reprieve causing a significant boost in affordability for homebuyers.

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PropLogix’s annual State of the Title Industry Report points to a continued drop in the number of younger title insurance workers, while the share of older workers continues to rise.

Respondents also cited continued uncertainty over interest rates and the broader economy as well as title insurance alternatives as ongoing concerns regarding future business.

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Home equity fintech company Splitero has expanded operations into Arizona, with leaders calling the move a response to an equity-rich state market.

Splitero currently operates in California, Colorado, Oregon, Utah, Washington, and now Arizona, with plans to expand into additional states in 2025.

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Jay Roberts of Premier Data Services and Robert Zwink of Razi Exchange spoke to The Title Report on artificial intelligence’s role in making the eClosing process more efficient and secure.

Comments pointed to a need for multiple solutions: one that works for smaller operations, or single brands, as well as one that fits the needs of larger, more complex organizations.

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Dark Matter Technologies will move forward with plans to replace its CEO as its current chief executive moves to a new role within the company.

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Proof is putting forth a new solution that blends human-led assistance with technology that can detect fraudulent deepfake videos.

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Redfin reports existing home sales rose 1.6 percent month-over-month in October to a seasonally adjusted annual rate of nearly 4.2 million and are on track to finish this year higher than last year.

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Lighthouse Title Group has expanded its footprint in Wisconsin through the acquisition of a six-agency title group established more than 30 years ago.

Since its founding in Holland, Mich., in 2001, Lighthouse Title Group has completed more than 15 acquisitions, contributing to its network of 60-plus locations in Michigan and Wisconsin.

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Main Street owners feel more confident as they enter the holiday season, according to new data from the National Federation of Independent Business.

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A recent study from Snapdocs and Falcon Capital Advisors identified pricing gains due to faster loan delivery as one of eight factors contributing to value of digital closings.

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Florida-based Next Wave Title has tapped a 30-plus-year industry veteran as its new business development officer, with responsibilities including compliance and risk management.

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Median home values went up during the third quarter in the majority of Opportunity Zones across the country, according to property data curator ATTOM.

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New York-based LandLock has put forth a tool to combat title fraud, with features including attachment of property owners’ identities to their titles without compromising personal information.

Company property director Raymond Cohen sat down with The Title Report to detail what makes LandLock unique among a growing field of fraud prevention products.

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Radian Group showed title segment growth in terms of revenue and net premiums earned in the third quarter, improving from the second quarter of this year and third quarter of 2023.

Companywide adjusted pretax operating income reached $199 million for Q3 2024, or $1.03 per diluted share, compared with $210 million, or $1.04 per diluted share, for the same period last year.

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New Jersey-based U.S. Title Solutions announced its expansion into two new states. Expanded services are set to include title insurance, title search and closing settlement.

U.S. Title Solutions was founded nearly 25 years ago, with leaders attributing the new expansion to continuing increased demand for services in neighboring states.

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An October Research webinar titled “Fraud Threats Facing the Title Industry” invited multiple experts to delve into the prevalence of fraud and offer advice on prevention techniques.

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Verus Title, a subsidiary of Fathom Holdings, Inc., has brought on an industry veteran to serve as president and promoted to fill its chief operating officer seat.

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Implementation of new rules related to the National Association of Realtors’ Sitzer-Burnett settlement aren’t affecting agent commissions so far, according to a Redfin report.

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The Federal Reserve announced another federal funds rate cut during its November Federal Open Market Committee meeting. Leaders shared thoughts on what to expect in regard to inflation and possible ensuing rate cuts.

Further reductions will be dependent on the results of ongoing assessments, incoming data, economic conditions and risks, Fed officials said.

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Investors Title Co. recorded a year-over-year revenue increase in the third quarter as well as an income jump for the first nine months of 2024, according to a new earnings report.

Net premiums written increased primarily due to expansion efforts in Texas and Florida markets, the company said, in addition to appreciation in average home prices and higher activity levels related to interest rate cuts.

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Howard Hanna Real Estate Services has acquired a pair of real estate firms, one in South Carolina and another in Ohio, the company announced.

The deals will provide Howard Hanna services to the real estate firms’ clients including title insurers and LeadingRE’s global relocation network as well as mortgage programs.

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CloseSimple and Docusign have agreed to a multi-year partnership to integrate Docusign eSigning capabilities across CloseSimple’s product suite.

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CMG Financial joint venture Select Lending Services has brought on a divisional sales manager to lead a new branch location stemming from a recent partnership agreement.

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While home sales remained mostly resilient to election jitters and rising rates, Redfin agents reported some house hunters were waiting to find out more about the direction of the country and economy before making a decision.

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