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Opinion: What you need to know for a successful real estate transaction

Housing Wire

Buyers, sellers and lenders all have a stake in the sale, and title and escrow ensure that everyone’s interests are protected. They also help to prevent fraud and ensure that the sale is conducted legally and ethically. Another benefit of title and escrow is that they streamline the real estate transaction process.

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Purchase market will highlight closing process problems

Housing Wire

But now that it’s all but certain we are coming into a true purchase market, the unknown and uncertainty that is the period prior to close will once again come under more scrutiny. With a purchase market, of course, comes higher production costs and weaker margins. How long until the title search is complete?”)

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

I think you are going to see the jobs in our industry be data driven and technology driven and I think that is critical for us and that will skew younger to a certain degree.”. However, as the market has slowed, PropLogix believe the percentage of title agents feeling that generating new business is their greatest challenge has increased.

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Why lenders should be asking for a title check at loan application

Housing Wire

A title check is a key workflow step that provides instant awareness on the condition of title — based on title underwriter guidelines — andvalidateskey details about the property and consumer through an easy-to-understand data result at the start of the loan origination process. That’s much too late in the process.

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A look at the role instant title plays in the borrower journey

Housing Wire

HousingWire: How did the title business adapt to unique conditions caused by the pandemic, the growth of the remote workforce and low interest rates? Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted. Quality data is key to the viability of an instant title product.

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With new CEO in tow, Proper Title plans national expansion

Housing Wire

Hoffman was formerly “chief transformation officer” for States Title and president of its affiliate, North American Title Company. There, he oversaw States Title use of predictive analytics and technology on its title and escrow platform. How hybrid title and valuations help increase lending efficiency.

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Stewart says business is getting back to normal

Housing Wire

2020 and 2021 were two of the best, as well as most challenging years in the title industry as a whole given tremendous changes in the market historically low rates and an ongoing impact and uncertainty caused by COVID,” Stewart chief executive officer Fred Eppinger said during the company’s fourth quarter earnings call on Thursday.

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