Housing Wire

JANUARY 10, 2022

The Hanna Family of Companies , the parent company of Howard Hanna Real Estate Services , announced the merger of Erie Title Agency, Inc and Barristers of Ohio to form Erie Title Barristers Group on Wednesday. The Cleveland-based Erie Title has been serving clients in Ohio since 1998.

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Title Brokerage Closing Technology 321

Housing Wire

SEPTEMBER 20, 2021

Radian Group recently announced the launching of its title insurance and closing services platform, titlegenius, in Arizona, California, Nevada, Ohio and Pennsylvania. Many home buyers are unaware that they have choices when shopping for title insurance. Presented by: FundingShield.

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Title Brokerage Technology Closing 290

Housing Wire

SEPTEMBER 14, 2021

Real estate brokerage Compass announced Monday that is has signed an agreement to acquire Dallas-based title insurance company LegacyTexas Title Co. , its latest foray into the title and escrow space. Financial terms of the deal – which should boost the brokerage’s margins – were not disclosed.

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Title Brokerage Technology Loans 286

Housing Wire

MARCH 16, 2021

Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction. Lone Wolf officials said they expect to onboard 80% of title companies by the end of 2021.

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Title Technology Closing Brokerage 356

Housing Wire

NOVEMBER 29, 2021

The Mortgage Industry Standard Maintenance Organization (MISMO) announced last week that the organization is looking for participants for an initiative focused on standardizing pre-closing title document data sets. MISMO hopes that the initiative will streamline the business process and improve the efficiency of the closing process.

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Closing Title Land Brokerage 305

Housing Wire

SEPTEMBER 28, 2021

New York-based real estate brokerage Compass announced Tuesday that it has signed an agreement to acquire CommonGround Abstract, LLC., a Philadelphia-based title insurance company. The agreement marks Compass’s fifth title insurance company acquisition this year and third this month. based KVS Title.

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Title Brokerage Finance Closing 297

Housing Wire

MARCH 22, 2021

The state of Washington is set to revoke the license of Modus , a title and escrow service software company owned by Compass, effective April 1. The complaint points to six separate instances where Modus gave or offered to give non title-related services without charging or receiving a fee equal in value to the services provided.

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Title Staging Brokerage Renovation 422

Housing Wire

APRIL 2, 2023

The Qualia platform includes modern, cloud-based products that provide the transaction infrastructure for title and escrow organizations of all sizes, from smaller agencies and real estate law firms to multi-state operations operating at scale.

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Title Banks Brokerage Closing 334

Housing Wire

OCTOBER 6, 2021

agreed to form a title insurance underwriter joint venture with a $210 million investment from private equity investment firm Centerbridge Partners , a move sure to shake up the title space. Realogy will maintain a 30% equity interest in Closing Parent Holdco, L.P., The transaction is expected to close in first quarter of 2022.

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Title Purchase and sale agreement Equity Brokerage 264

Housing Wire

APRIL 18, 2023

According to Sawan Tivakaran, SVP, titlegenius Product Owner, “Homebuyers continue to cite the closing process as one of the most stressful events in their lives. Radian has developed titlegenius to help improve the closing process for homebuyers, sellers and lenders alike.

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Closing Title Loan Officer Technology 286

Housing Wire

OCTOBER 31, 2022

Third-quarter earnings season kicked off with a bang last week with three ( Stewart, First American and Old Republic ) out of the Big Four title insurers reporting their earnings on Thursday. The firm’s title segment reported an operating revenue of $647.9 At Stewart , Q3 revenue came in at $716.4 million, down from $836.7

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Title Marketing Commercial Investor 303

Housing Wire

JANUARY 11, 2024

One potential stream that quickly comes to mind is the potential of capturing title and closing business. For the most part, many brokerages and real estate agents on the buyer’s side of the transaction have continued on with a “business as usual” approach until we have certainty as to the true impact.

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Title Brokerage Construction Closing 404

Housing Wire

DECEMBER 29, 2021

One of our big goals at Blueprint Title is to shrink the title insurance business from an $18 billion business to a $10 billion business,” Berneman, the company co-founder and CEO. “We share of the market controlled by small, independent title insurance companies. ow and ease of the entire closing process.

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Title Closing Industrial Technology 303

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 During the second quarter, Real once again delivered best-in-class growth with our agents closing a record number of transactions,” said Tamir Poleg , the CEO of Real. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). compared to 8.3%

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Brokerage Agents Title Lending 289

Housing Wire

SEPTEMBER 22, 2021

Real estate brokerage Compass announced Wednesday that it has signed an agreement to acquire Denver metro area based title insurance company First Alliance Title LLC , its fourth title insurance acquisition in the past year and second this month. based KVS Title.

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Title Brokerage Finance Loans 266

Housing Wire

FEBRUARY 24, 2021

Digital notary startup Notarize is now offering free notarizations in an effort to eliminate racial covenants in title insurance documents. “Changes to a title require a document to be notarized, and Notarize wanted to help,” said Cristin Culver, a spokesperson for Notarize. Notarize stepped in to offer help.

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Title Brokerage Closing Sales 322

Housing Wire

MARCH 26, 2021

Judd Hoffman has been hired as chief executive officer for Proper Title LLC , an Illinois-based title insurance agency that’s backed by top independent real estate brokerage @properties. There, he oversaw States Title use of predictive analytics and technology on its title and escrow platform.

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Title Title search Brokerage Lending 247

Housing Wire

SEPTEMBER 30, 2020

Howard Hanna Real Estate Services closed a huge deal late Tuesday, announcing a strategic partnership with Rand Realty , giving the massive independent brokerage a sizable foothold in the booming suburbs of New York City. The post Howard Hanna acquires New York brokerage Rand Realty appeared first on HousingWire.

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Brokerage Commercial Title Closing 404

Housing Wire

JANUARY 23, 2024

It boasts its own in-house digital transaction management platform, a network of agents, in-house title and mortgage services, as well as a 24/7 “concierge” service. As a licensed brokerage , it operates in all 50 states, and its real estate database is powered mostly by MLS-listed homes in the U.S.

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Industrial Title MLS Technology 367

Housing Wire

NOVEMBER 10, 2021

Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed. “I Also trending down from the second quarter is the brokerage’s market share which fell to 5.4% One encouraging sign is that the brokerage’s revenue grew 47% year-over-year to $1.74

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Title Brokerage Loan Officer Principal 362

Housing Wire

APRIL 12, 2022

Samson is the CEO of Samson Properties , a rapidly growing Northern Virginia-based brokerage. Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. I try to kill them with kindness,” Samson said, giving agents “the resources to build that relationship” with Cardinal Title.

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Title Brokerage Agents Branding 370

Housing Wire

SEPTEMBER 13, 2023

Rather than a multi-year average of EBITDA or Gross Margin as the basis for the value of a brokerage firm (or their related counterparts in mortgage, title, escrow, and property management), valuations now are based Trailing Twelve Months (TTM or LTM) results.

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Brokerage Property Management Title Residential 300

Housing Wire

MARCH 9, 2022

the M&A-hungry parent of cloud-based real estate brokerage Fathom Realty , achieved supercharged growth in 2021. Leaders optimistic about future of brokerage. The brokerage’s agent count also grew 48% year over year to 8,100 agents. Fathom Holdings Inc. , million, representing 9.5% of total revenue for the quarter.

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Title Brokerage Investor Agents 315

Housing Wire

MAY 13, 2021

Compass has successfully become a publicly traded company, but the residential brokerage continues to lose money and it has unclear plans to generate more revenue. Compass CEO Robert Reffkin said that the brokerage is “expanding our adjacent service business” into title and escrow, and “plans to provide” mortgage services.

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Mortgages Brokerage Title Residential 403

Housing Wire

MARCH 30, 2022

The title insurance space isn’t generally known for placing outsized bets on technology. By investing in and partnering with companies like these, we can understand what the mortgage infrastructure of the future may look like and how title and settlement services will interact with that infrastructure. As of Sept.

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Title Mortgages Commercial Technology 329

Housing Wire

MARCH 14, 2022

in which title insurance companies are required by law to file reports identifying individuals who made all-cash real estate purchases exceeding $300,000 through shell companies. There are buyers that use shell companies for privacy reasons,” said Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors.

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Industrial Title Commercial Banks 397

Housing Wire

SEPTEMBER 27, 2023

As an organization dedicated to protecting property rights, the American Land Title Association (ALTA) wants to help ensure laws do not discriminate against or prevent people from legally purchasing real estate. Laws should also be clear on the role title insurance professionals play in facilitating transactions with foreign owners.

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Land Title Closing Design 333

Housing Wire

MAY 11, 2021

From lead to close to commission, we’re helping agents and brokers get a leading edge in a competitive marketplace and elevate the real estate experience they provide to buyers and sellers today.”. This a great moment for real estate agents, brokerages, and MLSs,” said Aaron Kardell, Homespotter CEO.

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Title Technology Brokerage MLS 346

Housing Wire

FEBRUARY 1, 2024

courted.io/ Real Estate Sales New York, NY CoreLogic corelogic.com/ Real Estate Sales, Multifamily / CRE and Real Estate Data and Analytics Irvine, CA Constellation1 constellation1.com/

Property Management 460

Property Management Title Loans Sales 460

Housing Wire

JULY 18, 2022

It encompasses brokerage, mortgage, title, insurance and technology companies like Real Results, Verus Title and Encompass Lending. He and his team’s hard work has landed the company a ranking as one of the top 10 largest brokerages in the U.S.

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Title Brokerage Technology Lending 340

Housing Wire

MARCH 31, 2022

However, the actual home buying transaction experience all the way through closing has been essentially untouched even though consumers cite it as one of the most stressful and confusing parts of the homebuying journey. They identified title & escrow as the central party in the transaction that could provide a connective glue.

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Title Title search Closing Mortgages 291

Housing Wire

APRIL 9, 2024

Last week, we wrote a Letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t.

FHA loan 426

FHA loan Loans Title Mortgages 426

Housing Wire

JULY 12, 2022

Volatile mortgage rates and economic uncertainty have rocked the housing market this year, challenging mortgage lenders, real estate agents, title companies and appraisal firms to adapt quickly to changing conditions. After just one year from its launch in 2020, the brokerage became the most followed real estate brand in the world.

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Title Brokerage Technology Branding 320

Housing Wire

JUNE 5, 2023

She was nominated as a 2022 HW Insider for her work in building the company’s digital closing platform from the ground up. We see this benefiting Endpoint as well as proptech companies who are looking to build their own title companies. HW: You’ve had a 20-year career as a title and escrow pro.

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Technology Title Industrial Closing 256

Housing Wire

JULY 22, 2021

Former CoreLogic executive Rouz Tabaddor has been named vice president and chief intellectual property officer at title insurance provider First American Financial Corp. — Georgetown Title has been in Texas for more than 125 years, First American said in a statement following the acquisition. The company announced a healthy $7.1

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Title Commercial Equity Brokerage 369

Real Trends

FEBRUARY 3, 2023

Cloud-based real estate brokerage The Real Brokerage Inc. The firm has ranked in the top 1% of the 29,000 agents in San Diego County for four straight years and closed more than 150 transactions and $200 million in sales in 2022. The Real Brokerage is that brokerage,” Lefkowitz said. and three Canadian provinces.

Brokerage 80

Brokerage Agents Title Lending 80

Housing Wire

MAY 14, 2024

Last week, we wrote a letter to FHA , offering constructive suggestions to ensure a level playing field between borrowers where the seller agrees to fund buyer brokerage commissions and where the seller doesn’t.

FHA loan 296

FHA loan Loans Title Mortgages 296