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Premium Title has come out of its shell
Posted Date: Thursday, June 29, 2017
Fresh off becoming the first title company to be rated by Morningstar and receiving that organization’s highest vendor ranking, Atlanta-based Premium Title is primed for the future.
President James Weld told The Title Report that Premium’s strategic plan includes expanding its footprint in Western states such as Washington, Oregon and New Mexico.
Read on to learn what has driven the company’s success.
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CFPB finalizes TRID rule
Posted Date: Friday, July 7, 2017
In an attempt to provide greater clarity and certainty, the Consumer Financial Protection Bureau on Friday finalized updates to its TILA-RESPA Integrated Disclosure rule, the so-called "Know Before You Owe” mortgage disclosure.
The rule, which took effect in October 2015, was designed to provide transparency during the mortgage loan process and to provide more information to consumers faster.
Read on for more details.
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TRG forms commercial services division
Posted Date: Tuesday, July 11, 2017
Title Resource Group has aligned its commercial title operations in 40 markets into one division and named a president to oversee those operations.
The company also announced the acquisition of a New York title company which will be merged into a newly formed company called Pro National Title Agency.
Read on for more details.
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ET Investments buys major stake in Thomas Title
Posted Date: Tuesday, July 11, 2017
ET Investments has purchased an ownership stake in Thomas Title & Escrow.
Both companies believe the partnership will help Thomas expand its commercial services platform and become even more of a national player in that arena.
Read on for details of how the deal is expected to benefit Thomas’ clients and employees.
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A.M. Best affirms credit ratings of Stewart, Investors Title
Posted Date: Wednesday, July 5, 2017
A.M. Best has affirmed the financial strength ratings and the long-term issue credits ratings for Stewart Title Guaranty Company, Stewart Title Insurance Company, Stewart Title Limited, Investors Title Insurance and National Investors Title Insurance.
In its reports, A.M. Best explains why these companies are highly rated.
Read on for more details.
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Old Republic launches new website
Posted Date: Thursday, July 6, 2017
Old Republic Title has launched a new website that promotes comprehensive closing services to lenders and standard notary services to title agents offered through OR SigningPro.
Old Republic said the promotional website will enable title coordinators to assign orders four times faster than the manual process.
Read on for more details.
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Four of largest banks invest in third party vetting platform
Posted Date: Thursday, June 29, 2017
Four of the top 13 banks in the country have invested in a technology platform which will provide due diligence and vetting of third-party providers.
One executive said the platform “will further enhance our third-party risk-management efforts, streamline our vendor onboarding process and support our global business operations.”
Read on for more details.
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NS3: Blockchain will change the title industry and beyond, experts say
Posted Date: Friday, June 30, 2017
The 2017 National Settlement Services Summit in San Antonio brought a title expert and an underwriter to the stage outlining the advantages Blockchain will bring to the industry.
Read on to find out what they told the conference attendees and why this technological tool will be a true game-changer for title agencies.
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NS3: Title expert offers business efficiency guidance
Posted Date: Thursday, July 6, 2017
Sometimes, it’s the little things that have a big impact on the ability to grow a successful business. The 2017 National Settlement Services Summit in San Antonio brought many industry veterans in to speak on how businesses can grow and move forward.
One, in particular, gave tips on how to simply be more efficient in your daily duties to enhance that growth.
Read on to find out more.
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Orange Coast expands management team
Posted Date: Tuesday, July 11, 2017
Orange Coast Title Co. has selected a vice president and senior underwriter. The newest member of its senior management team will oversee the company’s title insurance entity, Real Advantage Title Insurance Company.
The company’s CEO said the new hire’s extensive background in underwriting and risk assessment bodes well for Orange Coast as it moves forward as an underwriter.
Read on for more details.
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SLK Global launches SmartREval
Posted Date: Tuesday, July 11, 2017
SLK Global Solutions has introduced a technology-based platform that brings appraisal management companies, default servicers and real estate brokers together.
Read on for more details.
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HomeServices real estate brokerage CEO retiring
Posted Date: Friday, July 7, 2017
The well-known CEO of HomeServices of America Inc.’s real estate brokerage division is retiring after more than three decades in the industry.
The company also named five regional presidents from within who will continue to serve as leaders of their local company while supporting HomeServices’ real estate brokerage company network.
Read on for more details.
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Forecast: June homes sales down slightly
Posted Date: Thursday, July 6, 2017
Ten-X is predicting a slight decrease on home sales for June and an increase in median home price.
Read on for more details.
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Ellie Mae integrates Built
Posted Date: Thursday, July 6, 2017
A new integration will allow Ellie Mae’s Encompass users to manage construction and renovation loans.
Read on for more details.
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Home Point Financial expands TPO channel
Posted Date: Wednesday, July 5, 2017
Home Point Financial Corp. has expanded its third-party origination channel into five geographical regions.
The company said its new structure will allow it to increase its wholesale client base. The restructuring follows Home Point’s acquisition of Stonegate Mortgage Corp. earlier this year.
Read on for more details.
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Land Title expands Kansas footprint
Posted Date: Wednesday, July 5, 2017
A Wichita-Kan.-based title company has opened a fourth office. The newest office will serve southeast Sedgwick County and western Butler County.
Read on for details about the new office and why Land Title said it was needed.
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Mortgage delinquencies dropped to 10-year low in March
Posted Date: Wednesday, July 5, 2017
The percentage of mortgages in some stage of delinquency in March dipped to the lowest level in nearly a decade, according to CoreLogic’s Loan Performance Insights Report.
Read on for more details.
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Castle & Cooke adds director of compliance
Posted Date: Wednesday, July 5, 2017
Castle & Cooke has hired a compliance director who has more than 13 years of experience in financial services regulatory compliance.
Read on for more details.
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First American Mortgage integrates HouseCanary
Posted Date: Wednesday, July 5, 2017
Mortgage lenders and servicers now can access HouseCanary’s Home Price Indices and forecast models through First American Mortgage Solutions.
Read on for more details.
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ePN adds counties in eight states
Posted Date: Thursday, June 29, 2017
During May, eRecording Partners Network added 13 jurisdictions in eight states to its nationwide eRecording network.
Read on to learn more.
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Low inventories hampering mortgage professionals
Posted Date: Thursday, June 29, 2017
Nearly 60 percent of respondents in the National Association of Mortgage Professionals’ membership survey said low home inventories are the biggest problem facing homebuyers.
Read on for more details.
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