FNF launches agent tool to detect fake sellers Monday, May 13, 2024 The FNF Family of Companies is putting forth a new tool to help title agents detect seller impersonation fraud before final transactions takes place. Fidelity National Financial leaders said title agents can quickly verify property information when they open a new order, including the owner’s name and mailing address, occupancy, assessed value and estimated mortgage balance. Read on to learn more.
Doma Q1 revenue down 22 percent, company merger still pending Monday, May 13, 2024 Doma Holdings, Inc. experienced a 20-percent-plus quarterly revenue drop in the first quarter, according to the company’s recent earnings report. In April, the company announced it had entered into an agreement and plan to merge with Title Resources Group (TRG), subject to stockholder and regulatory approvals. The deal is expected to be finalized this year. Read on to find out more information.
Voxtur releasing title insurance rate advisor Monday, May 13, 2024 A new title insurance technology platform from Voxtur Analytics Corp. offers access to competitive pricing for title and settlement services. Company leaders said the platform aims to “offer users the best solution for their given situation, whether that is traditional title insurance or the Voxtur attorney opinion letter title alternative.” Read on to find out more.
Rocket Companies appoints chief technology officer Monday, May 13, 2024 Rocket Companies has brought on its first group chief technology officer, appointing a long-time artificial intelligence and fintech leader across multiple companies. Read on to find out more.
FNF posts 7 percent Q1 title segment revenue increaseThursday, May 9, 2024 Fidelity National Financial, Inc. reported strong earnings results for the first quarter, including year-over-year revenue increases for its title segment. Total title segment revenue in the first quarter came in at $1.66 billion, a 7 percent year-over-year increase from $1.55 billion. Adjusted pre-tax title margin was 10.7 percent compared to 10 percent in the first quarter of 2023. Read on to find out more information.
Study shows title industry’s investment in up-front research, curative workThursday, May 9, 2024 A recent study conducted by Washington, D.C.-based ndp | analytics attempted to quantify the research and curative work done by title insurance professionals during a property transaction. Data showed that 36 percent of all transactions require extensive, non-routine title clearance efforts. It also found that 1 out of 3 transactions include difficult files, which require substantial curative work. Read on to find out more.
TitleLogix Solutions launches tax serviceThursday, May 9, 2024 Texas-based TitleLogix Solutions has launched its National Tax Certification Services, which makes use of a multi-dimensional web-based platform that was developed internally. TitleLogix can now produce and deliver a tax certificate for any property in the county.The property tax service application supports the automated ordering and manufacturing of ad valorem tax and HOA certificates and related products. Read on to find out more information.
CATIC adds Rhode Island title counselThursday, May 9, 2024 CATIC has brought on a real estate professional and attorney with more than 20 years of industry experience as its new Rhode Island title counsel. Read on to learn more.
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