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Report: Blockchain ‘not ideal’ for real estate yet
Posted Date: Wednesday, June 14, 2017
Although Blockchain technology promises to make real estate transfers simpler, safer and more accurate, the technology might not be ideal for real estate transactions, according to a groundbreaking pilot study by the Cook County, Ill., Recorder of Deeds (CCRD).
Known for its adoption of technology, CCRD concluded that Blockchain can be implemented individually or selectively to improve recordkeeping.
Participants in the study designed a Blockchain real estate conveyance workflow to monitor its effects.
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Beige Book: Home sales continue to grow
Posted Date: Thursday, June 1, 2017
The Federal Reserve’s latest survey of economic conditions throughout the nation found growing housing markets in most areas.
However, in many districts low home inventories remain a concern. In urban areas in California, for example, the lack of available homes is translating into home bids that are significantly higher than asking prices.
Read on for district-by-district highlights.
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Howard Hanna acquires mortgage company
Posted Date: Monday, June 12, 2017
The country’s third-largest real estate company has added a New York mortgage company to its portfolio.
Recently involved in a merger, the newly acquired company expects to originate more than $2 billion in loan volume over the next 12 months.
Read on for details on who will lead the acquired company.
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IBERIABANK gains approvals for Sabadell acquisition
Posted Date: Wednesday, June 14, 2017
State and federal regulators have signed off on IBERIABANK Corp.’s pending acquisition of Sabadell United Bank, a Miami-based financial institution with 26 branches throughout Florida.
IBERIABANK expects branch and operating system conversions to be completed in October. The financial holding company’s assets include 24 title companies in Arkansas and Louisiana.
Read on for more details.
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Stewart launches Florida commercial-services hub
Posted Date: Thursday, June 1, 2017
Stewart Title has opened an office in Florida that will serve as the company’s commercial-services headquarters for Orlando, Jacksonville, Miami and Fort Lauderdale.
The Tampa-based team is equipped to handle issues specific to Florida commercial transactions, ranging from wetlands issues to easements and boundary problems to subdivision and development concerns.
Read on for more details.
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Old Republic recruits Kemper executive
Posted Date: Monday, June 5, 2017
Old Republic has hired a former CFO from Kemper as its next deputy chief financial officer.
The newest member of the Old Republic team also has worked as a vice president and an ... assistant corporate controller at Unitrin. Chairman Al Zucaro said the new hire will add bench strength to the company’s accounting and finance teams.
Read on for more details.
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Adeptive names second-in-charge
Posted Date: Monday, June 12, 2017
The technology company best known in the title industry for its ResWare software has hired a former Boeing employee, who was part of teams that built and designed space crafts for NASA, including Endeavor.
The hiring of a senior vice president of operations was one of numerous additions announced by company.
Read on to learn about the new members of Adeptive’s team.
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New Jersey title company expands
Posted Date: Wednesday, June 7, 2017
A New Jersey title company that is licensed in five states has expanded its footprint in the Garden State with the opening of a new office.
The new office will be overseen by two industry veterans who both previously ran their own title companies.
Read on for details about the new office and the two people selected to manage it.
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Washington Trust nabs title executive
Posted Date: Monday, June 12, 2017
Washington Trust Bancorp. has recruited a high-level title company executive who helped navigate the largest commercial bank initial public offering in U.S. history.
The newest member of the bank’s team will serve as an executive officer of both the corporation and the bank and will oversee the corporation’s balance sheet management strategies, interest rate risk management, liquidity and corporate budgeting.
Read on for more details.
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Alliant National, SoftPro announce integration
Posted Date: Wednesday, June 14, 2017
According to Alliant National Title Insurance Co., its integration with SoftPro makes it the only underwriter able to offer system users the ability to generate a policy jacket with a signature likeness already imprinted on the policy jacket.
Alliant said the integration will speed up the process by eliminating errors that can occur with dual data entry.
Read on for more details.
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Simplifile expands network
Posted Date: Wednesday, June 14, 2017
Simplifile has added nearly 30 county recording offices to its eRecording network, the company announced.
Read on for more details.
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Fidelity National integrates LendingQB
Posted Date: Wednesday, June 14, 2017
A new integration will enable lenders to order Fidelity National Title products within LendingQB.
Read on for more details.
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A.S.K. Services hires account executive
Posted Date: Wednesday, June 14, 2017
A.S.K. Services has hired an industry veteran to serve as one of its account executives in Ohio.
Read on for more details.
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Two document recording firms merge
Posted Date: Monday, June 12, 2017
Two industry leaders in document recording solutions have formed a one-stop source for managing, recording and delivering documents for the mortgage industry.
Read on for more details.
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Loan defects continue to rise
Posted Date: Monday, June 12, 2017
For the fifth consecutive month, the percentage of loan applications with defects, fraud and misrepresentation increased during April, according to First American Financial Corp.
Read on for details of the report.
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Freddie Mac approves eClose360
Posted Date: Monday, June 12, 2017
Freddie Mac has tested and approved NotaryCam’s eClose360 online notary platform for eMortgage originations.
Read on for more details.
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NS3: Make a Child Smile brings ‘enduring delights’ to San Antonio children
Posted Date: Thursday, June 8, 2017
For the sixth consecutive year, attendees at October Research, LLC’s National Settlement Services Summit took time out of their plans to make a difference in area children’s lives.
Read on for details of the Make a Child Smile presentation, and how San Antonio foster children will receive “one of the most enduring delights of childhood.”
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NS3 Live: Lenders, regulators tackle top issues
Posted Date: Thursday, June 8, 2017
Distinguished panelists spoke to key issues on the minds of those in the industry at the 2017 National Settlement Services Summit in San Antonio. Richard Horn, founding attorney, Richard Horn, Legal, PLLC, moderated the annual open forum session, which followed a pair of sessions addressing eClosings and an economic update from Fannie Mae Deputy Chief Economist Mark Palim.
Read on for a brief recap of what the panel said.
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NS3: Industry standouts rewarded with OR awards
Posted Date: Thursday, June 8, 2017
For the sixth year, October Research, LLC, presented its annual awards for leadership, innovation and philanthropy, with some of the brightest stars in the title industry recognized for their efforts.
The awards were presented by CEO and Publisher Erica Meyer at the 13th annual National Settlement Services Summit (NS3) in San Antonio. Read on to find out who took home the hardware this year.
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Black Knight launches municipal lien search
Posted Date: Wednesday, June 7, 2017
Black Knight has launched a new municipal lien search that helps find liens that are not included on property reports.
Read on for more details.
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Forecast: May home sales declined
Posted Date: Wednesday, June 7, 2017
A forecast of the May housing market indicates home sales across the country dipped slightly while median prices continued to edge upward.
Read on for more details.
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Powerhouse lineup takes to NS3 stage this week
Posted Date: Monday, June 5, 2017
With the most distinguished group of speakers set to take the stage over three days, the 13th annual National Settlement Services Summit (NS3) makes its first appearance in the great state of Texas this week.
Read on for details about the program that is At The Center of the real estate transaction today.
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NFIB: Tax reform needed this year
Posted Date: Monday, June 5, 2017
Since last year’s presidential election, polls indicate that small-business owners have grown more optimistic about the economy.
The National Federation of Independent Business said that optimism will suffer if comprehensive tax reform is not passed this year. The organization recently sent Congress a letter urging action.
Read on for more details.
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Indecomm integrates tax verification service
Posted Date: Monday, June 5, 2017
A new integration enables users of Indecomm Global Services’ IncomeGenius to access digital tax returns.
Read on for more details of the integration.
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Castle & Cooke opens in Missouri
Posted Date: Monday, June 5, 2017
Independent mortgage lender Castle & Cooke has opened its first branch in Missouri and selected an industry veteran to oversee it, the company announced.
Read on for more details.
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FFIEC updates cybersecurity assessment tool
Posted Date: Thursday, June 1, 2017
Weeks after the WannaCry malware attack that crippled more than 300,000 computer systems worldwide, the Federal Financial Institutions Examination Council has updated its Cybersecurity Assessment Tool.
The agency’s tool helps financial institutions determine their risk profile, inherent risks and cybersecurity preparedness by providing a process by which they can measure their preparedness.
Read on for more details about the update.
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First-quarter loan originations plummet
Posted Date: Thursday, June 1, 2017
A new report said rising interest rates put the brakes on refinances and made it more difficult to qualify for loans during the first quarter, dropping loan originations sharply.
Read on for more details.
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ProsperitasForward promotes executive
Posted Date: Thursday, June 1, 2017
ProsperitasForward has selected one of its own to oversee title and escrow operations and best practice compliance assessment and remediation.
Read on for more details.
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Artesian Title adopts ZOCCAM’s app
Posted Date: Thursday, June 1, 2017
Artesian Title is using ZOCCAM’s mobile application to securely transmit documents and send cash to lenders.
Read on for more details.
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