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Why “instant title” is a misnomer for mortgage lenders

Housing Wire

HousingWire recently spoke with Matt Regan, EVP of Transaction Management Systems at Flueid , about the need to redefine “instant title” to focus on adding value to loan evaluation and decision-making rather than just delivering the title commitment faster. A faster title commitment should equal a faster closing, right?

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Cooling buyer demand takes a toll on Q4 title profits

Housing Wire

After a quarter characterized by weakening homebuyer demand and some of the highest mortgage rates seen in decade, it was no surprise that Stewart and First American recorded weaker financial results in the fourth quarter of 2022 compared to the same quarter a year ago. Stewart’s title segment reported an operating revenue of $581.6

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

Housing Wire

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. HousingWire: HousingWire recently spoke to Flueid about the concept of instant title and why it’s a misnomer for mortgage lenders. We’ve seen this shorten the transaction timeline by only about a day.

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Gathering of Eagles is for mortgage professionals too

Housing Wire

This year, Gathering of Eagles is excited to invite colleagues from the mortgage industry to the real estate-centered event. Mortgage lenders need to strengthen their bonds with real estate agents, and broker-owners must communicate with title professionals.

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Williston Financial Group’s MyHome acquires Volly

Housing Wire

“Since inception, both WFG and MyHome have been dedicated to providing transparency and empowerment to all mortgage transaction participants,” Steve Ozonian , the CEO and president of WFG, said in a statement. “As This acquisition was not the only major addition WFG made this year.

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Flueid integrates with Encompass to fuel loan originations

Housing Wire

Flueid , a leading technology company specializing in real estate transactions, announced on Thursday the integration of its patented Flueid Decision platform with Encompass by ICE Mortgage Technology. The report includes Flueid ‘Pro Tips’ that explain alerts and provide guidance on curative items for title.

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Opinion: The little things mean a lot in mortgage operations

Housing Wire

While a mortgage business’ battle against margin compression is seemingly endless, that fight is less noticeable in times of surging revenue. The decline in mortgage volume, along with increasing rates and uncertainty about the months ahead, have amounted to a scramble for revenue and a continual push to reduce expenses.

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