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ALTA: Protecting property rights with title insurance

Housing Wire

However, most Americans don’t learn about title insurance until they buy their first home and amid the often stressful, frenetic activity of the closing process, homebuyers can be confused about many of the settlement costs and why they need to purchase a title insurance policy. Diane Tomb, ALTA CEO Contributor.

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Purchase market will highlight closing process problems

Housing Wire

The closing process, that time between underwriting approval and the actual closing, is the mortgage industry’s not-so-secret Achilles’ heel. That’s not a knock on the good professionals who enact minor miracles choreographing the multi-faceted ballet that is a typical closing. Let’s admit it.

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AmTrust Title introduces MidPoint

Housing Wire

New York-based AmTrust Title Insurance Company on Tuesday introduced MidPoint , its new title closing solution enabling title agents to work outside their geographic areas to serve clients nationwide. AmTrust Title is a wholly owned subsidiary of AmTrust Financial Services, Inc.

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Homebuyers have many options; let’s make sure they’re aware of them

Housing Wire

The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts. One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. Where should homebuyers start?

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

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Demystifying Property Title Search: Your Questions, Answered

HomeLight

Waiting for your house to close can feel like being in line at the DMV — it takes forever, and whenever you think you’ve gotten to the head of the line, there’s another delay. Some of the elements of closing on a home can be difficult to grasp, like the property title search. So what does a property title search entail?

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. That’s according to PropLogix ’s fifth annual “State of the Title Industry” report. Territories.

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