Remove Industrial Remove Marketing Remove Mortgages Remove Title search
article thumbnail

Opinion: The title industry supports innovation while prioritizing protection

Housing Wire

Some say that the nearly 150-year-old title industry has a difficult time adapting and evolving. However, the title industry has proven these critics wrong over the past decade, and importantly, it has done so without leaving homeowners vulnerable to unnecessary risks. Think an old dog can’t learn new tricks?

Title 413
article thumbnail

ALTA: Protecting property rights with title insurance

Housing Wire

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products. Diane Tomb, ALTA CEO Contributor.

Title 464
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Title 493
article thumbnail

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?

Title 506
article thumbnail

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. Presented by: SoftPro.

Title 378
article thumbnail

The title industry’s role in uncertain times

Housing Wire

After years of historic growth, the housing market is beginning to normalize. As both the real estate industry and consumers prepare for what’s to come, it is critical that we do not take for granted the products and systems that have carried us through other cycles of economic downturn.

Title 440
article thumbnail

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. But the fact is that it takes an average of 47 days to close a mortgage (according to Ellie Mae as of September 2020 ). There’s just a lot more to a purchase mortgage.

Closing 247