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Using social media can help with disaster recovery
Posted Date: Thursday, February 25, 2016
Social media has been a useful tool in many ways for businesses. It attracts customers and provides a networking platform with minimal barriers. It also can be critical in crisis communications. Keep reading to learn how this tool can be a benefit in times of disaster.
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Alliant National launches division focused on water
Posted Date: Tuesday, February 23, 2016
Alliant National has opened a new division focused on water. The vice president of the new division, Joe Knox, told The Title Report ownership of water due to over-appropriation is a significant issue, and becoming even more important as demand for water increases. Read on to learn more.
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Fidelity chairman ‘very pleased’ with 2015 results
Posted Date: Sunday, February 14, 2016
Earnings soared for Fidelity National Financial, Inc., in 2015, and commercial revenue reached record levels, according to its latest earnings report, leading Chairman Bill Foley to say he was “very pleased” with the company’s performance. Read on to see just how strong the report for 2015 and the fourth quarter was.
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FAF has ‘strong year,’ according to CEO
Posted Date: Sunday, February 14, 2016
A strong finish to the year allowed First American Financial Corp.’s profits to rise more than 20 percent in 2015 from a year earlier. CEO Dennis Gilmore discussed some of the reasons behind the company’s good results in 2015, as well as taking a look into his crystal ball for 2016. Read on to see what Gilmore sees for his company and the industry this year.
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Stewart reports earnings for Q4, 2015
Posted Date: Tuesday, February 16, 2016
Stewart Information Services CEO Matt Morris said the title segment delivered another quarter of solid results. The mortgage services segment remained challenged by its delinquent loan servicing operations, which the company is exiting. Read on to learn more.
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Investors Title Co. reports record revenue in 2015
Posted Date: Thursday, February 11, 2016
North Carolina-based Investors Title Co. reported higher profits for 2015, thanks in part to record revenues, which rose more than 3 percent from 2014. Read on for the details of Investors’ earnings report.
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FNTI reaches $50 million in revenue in 2015
Posted Date: Thursday, February 11, 2016
First National Title Insurance Co. reported revenues for the company’s third full year of operations. CEO Chris Phillips said he was pleased the company hit a revenue milestone in just four years. Read on to learn more.
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Black Knight moves into black in 2015
Posted Date: Thursday, February 18, 2016
In its first year as a standalone company, Black Knight Financial Services reported profitability, with revenues up 9 percent from a year ago. Read on for details of the company’s quarterly and full-year earnings report.
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Record year for revenue in title unit
Posted Date: Sunday, February 21, 2016
A company with title insurance offices in Arkansas and Louisiana reported a record year for revenue from its division, with growth of more than 11 percent from 2014. Read on for the details.
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Ellie Mae report says it takes time to close TRID loans
Posted Date: Sunday, February 21, 2016
The latest Ellie Mae Origination Insight Report says that four months into the implementation of the TILA-RESPA Integrated Disclosure rule, it continues to take more time to cloans loans. How long is it taking, and how does that compare with historical trends in loan closings since 2011? Read on for all the details.
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Passport Title Services grows footprint
Posted Date: Thursday, February 18, 2016
Passport Title Services, LLC expanded to a new state as Passport Settlement Services, LLC to provide its partnership model to title agents and attorneys. Passport Title provides settlement processing, support operations, agency and compliance functions to title agents. Keep reading to learn more.
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Marketplace Home Mortgage firm expands
Posted Date: Tuesday, February 16, 2016
Marketplace Home Mortgage has expanded its services to Denver and Sioux Falls, S.D. This announcement adds 12 new team members to the MHM family and increases its physical presence to six states. Read on to learn more.
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Foundation Title, Red Bank Title Agency merge
Posted Date: Tuesday, February 16, 2016
Foundation Title and Red Bank Title Agency announced their merger. The combined offices will operate as the Red Bank Title Agency division of Foundation Title. Keep reading to learn more.
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Professional Lien Search launches upgrade
Posted Date: Thursday, February 18, 2016
Professional Lien Search, a property research company, has brought upgraded its proprietary software platform, PLSos2. It became available to clients at the end of January. The company expects to roll out new features in the near future. Read on to learn more.
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DocMagic unveils new premium rep and warrant guarantee
Posted Date: Thursday, February 18, 2016
DocMagic developed an extensive set of new reps and warrants for its calculations, documents and data. Its new solution mitigates lender risk of non-compliance. Read on to learn more.
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eLynx, RamQuest integration enhances TRID compliance
Posted Date: Sunday, February 21, 2016
eLynx integrated has integrated with RamQuest. This will enable lenders using the eLynx compliance solution to exchange property, fee and loan data electronically with settlement services providers using RamQuest. Read on to learn more.
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WFG appoints Midwest leader
Posted Date: Tuesday, February 23, 2016
WFG National Title appointed one of its own as senior vice president, agency manager of the Midwest Region. She will be responsible for developing and managing relationships with title agencies throughout the Midwest. Read on to learn more.
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WFG Lender Services adds national sales director
Posted Date: Tuesday, February 16, 2016
WFG Lender Services added a new national sales director. A Willison Financial Group company, it is a provider of real estate and settlement services for lender transactions nationwide. Read on to learn more.
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Holler Law Firm adds SVP
Posted Date: Thursday, February 11, 2016
Holler Law Firm, LLC added a senior vice president for sales and marketing. His primary focus will on national title agencies. Read on to learn more.
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Homeowners expect equity gains in 2016
Posted Date: Tuesday, February 23, 2016
Nearly half of all U.S. homeowners with a mortgage expect their equity will increase in 2016, even though three out of five report equity in their homes has already increased during the last three years of the housing recovery, according to new research conducted for loanDepot. Read on to learn more.
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Realtors release confidence index for January
Posted Date: Tuesday, February 23, 2016
The National Association of Realtors (NAR) reported the results of its January 2016 online survey, conducted Feb. 1-9, showing overall market activity was unchanged from January 2015. Realtors expect housing price growth to moderate as rising prices have made homes less affordable for many. Keep reading to learn more.
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Homebuilders respond to Clinton housing plan
Posted Date: Tuesday, February 23, 2016
National Association of Home Builders (NAHB) Chairman Ed Brady responded to former Secretary of State Hilary Clinton’s housing plan, released as part of her presidential campaign platform. Read on to see whether the NAHB supported her ideas.
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GIT Florida Title Services adds regional title counsel
Posted Date: Tuesday, February 23, 2016
GIT Florida Title Services appointed a regional title counsel. He will be responsible for business operations and underwriting matters, manage Florida residential and commercial transactions and assist in the coordination of national commercial underwriting. Read on for the details.
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Ellie Mae names VP of partner development
Posted Date: Sunday, February 21, 2016
Ellie Mae has named a vice president of partner development. He will be responsible for managing Ellie Mae Network partnerships as well as identifying and building strategic partner initiatives. Keep reading to learn more.
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First American chief economist provides housing analysis
Posted Date: Sunday, February 21, 2016
First American Financial Corp. released its Potential Home Sales model for January 2016. It provides a gauge on whether existing-home sales are under or over their long-run potential level based on current market fundamentals. Read on to learn more.
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Homebuying competition to increase, Redfin says
Posted Date: Sunday, February 21, 2016
The housing market is going to get more competitive in 2016, according to real estate brokerage Redfin. Demand has outpaced supply since early 2015, when inventory began to drop sharply in many metro areas and home sales rose even faster according to the report. Read on to learn more.
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Report: Residential construction rises from a year ago
Posted Date: Thursday, February 18, 2016
The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced that residential construction statistics for January 2016 showed gains from a year earlier. Read on to see how strong the residential construction market started the year.
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Ten-X ranks top multifamily markets
Posted Date: Thursday, February 18, 2016
Ten-X released its Multifamily Market Outlook report, highlighting the sector’s top buy and sell markets. Read on to learn which sectors are the top buy and sell markets.
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Three new counties eRecording with CSC
Posted Date: Tuesday, February 16, 2016
Three counties are eRecording with CSC. This will establish a bridge between submitters of real estate documents and county offices. Read on to learn more.
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Title industry moves focus from TRID to growing business
Posted Date: Tuesday, February 16, 2016
Although the TILA-RESPA Integrated Disclosure (TRID) rule took up most of the industry’s attention in 2015, title agents say the coming year won’t just be dominated by TRID news and compliance. Read on to see what WFG’s Patrick Stone, Nashville Title’s Andy Maloney, General Title’s Bob Holman and others had to say about the top priorities for the title insurance industry in 2016.
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Metro home prices accelerate in fourth quarter
Posted Date: Tuesday, February 16, 2016
Home prices showed continued growth in the U.S. to close out 2015, according to the latest quarterly report by the National Association of Realtors. The price increases came in part as a reaction to housing supply, the group said. Read on for the details.
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January sees increase in mortgage applications
Posted Date: Sunday, February 14, 2016
The Mortgage Bankers Association Builder Application Survey data for January 2016 shows mortgage applications for new home purchases increased by 14 percent from the previous month. Keep reading to learn more.
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Stewart Title appoints regional sales director
Posted Date: Sunday, February 14, 2016
Stewart Title has named a California-based regional sales director for commercial services. He will manage sales efforts in the commercial services centers in Los Angeles, San Francisco and Denver. Read on to learn more.
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Appalachian Title Co. acquired by North American Title
Posted Date: Thursday, February 11, 2016
North American Title Co. acquired Appalachian Title Co. based in Cornelius, N.C., north of Charlotte. In business since 2006, Appalachian Title Co. does business in North Carolina, South Carolina and Tennessee. Read on to learn more.
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MVP National Title adds to team
Posted Date: Thursday, February 11, 2016
MVP National Title hired a new title insurance sales professional for business and consumer relationship development. She will be responsible for building relationships with clients and the real estate community. Read on to learn more.
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Broome County, N.Y. clerk’s office now eRecording
Posted Date: Thursday, February 11, 2016
Corporation Service Co. is now an approved eRecording vendor for the Broome County, N.Y. Clerk’s office. The county clerk said this move will help eliminate paper, insure accurate collection of fees and automate a time-consuming process. Read on to learn more.
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Commercial real estate to expand, NAR says
Posted Date: Tuesday, February 9, 2016
Commercial real estate activity should keep expanding in 2016, according to the authors of an annual report published jointly by Situs Real Estate Research Corp., Deloitte and the National Association of Realtors. According to the report, commercial real estate activity is forecast to gradually grow this year, with demand for space holding steady across all commercial sectors. Keep reading to learn more.
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CoreLogic reports foreclosure inventory down 24 percent
Posted Date: Tuesday, February 9, 2016
CoreLogic’s newest report shows the foreclosure inventory declined by 23.8 percent. Completed foreclosures declined by 22.6 percent compared with a year earlier. Read on to learn more.
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