Housing Wire

MARCH 23, 2021

Wherever there is commerce, there will be fraud, and the mortgage industry is no exception. In recent years, we have seen a significant uptick in fraudulent activity ranging from the high tech — intercepted wire transfers and electronic title phishing scams — to low-tech, such as applicants submitting falsified or doctored bank statements.

Lending

Housing Wire

MARCH 31, 2021

Every real estate transaction—whether it is backed by a mortgage or is an all-cash deal—requires a determination of ownership and a clear transfer of title. That said, many companies still rely on legacy systems and manual processes to procure, search, and examine title. Robert Karraa, President.

Title search

Housing Wire

APRIL 6, 2023

After a few years of nothing less than an automation revolution in the title industry, market uncertainty and declining volume are now testing just how effective our efforts have been. Some of the highest volume tasks, as well, have increasingly become automated — things like lien searches or policy production, maybe order entry.

Title search

Housing Wire

MARCH 9, 2021

Prognosticators are already suggesting the mortgage market has recently “peaked.” This was a major topic of discussion among mortgage lenders in 2018, our last whiff of a true purchase market. How hybrid title and valuations help increase lending efficiency. 2021 could still be a very good year for prepared businesses.

Title

Housing Wire

JUNE 24, 2021

In a flurry of moves, TitleWave Real Estate Solutions of Jacksonville, Florida has announced a new location in Colorado, two new executive hires, and the launch of its title and search report technology. Jeremy Wohlford will be the company’s new title examiner. And Pennsylvania-based Title Alliance Ltd.

Title

Housing Wire

MAY 11, 2023

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.

Loans

Housing Wire

APRIL 17, 2023

Many companies are now using AI and machine learning to search traditional and non-traditional property data sources — reducing the time required for a manual title search. Some companies are also using AI to automatically route mortgage payoffs. Strides in technology have also made closings more accessible.

Title

Housing Wire

MARCH 15, 2021

The title insurance and settlement services provider was originally bought b y Solutionstar Holdings , an indirect wholly-owned subsidiary of Nationstar Mortgage Holdings (Mr. Why use several vendors for title searches, appraisals and underwriting when you can use one? Streamline by combining services.

Title

Housing Wire

OCTOBER 12, 2022

Payload, a fintech company focusing on automated payments with API architecture, on Tuesday announced a partnership with technology services provider Premier Data Services , to launch an integration with SoftPro, an escrow and closing software.

Title search

Housing Wire

MAY 17, 2023

Utilizing automated valuation models instead of full-blown appraisals or title searches in lieu of title policies makes loan production less expensive and more rapid,” according to the report. But concern is growing over the lower-credit lower-income product, the report notes.

Equity

Housing Wire

MARCH 28, 2024

Then, they think about the mortgage : a good rate, good monthly payments, and approval. One would be hard-pressed to find many title agencies that aren’t using some level of technology in that regard. The good news is that this trend towards a general adoption of technology seems to be accelerating.

Closing

Housing Wire

NOVEMBER 22, 2023

One would be hard-pressed to find many title agencies that aren’t using some level of technology in that regard. Other complex and time-consuming tasks addressed by improved technology include title searches, document preparation, lien releases and even the closing itself, as RON and digital closings gain adoption rapidly.

Closing

Housing Wire

MAY 21, 2021

Texas-based technology company RamQuest announced its title and closing digital network — called “Closing Market” — has integrated with SearchCONNECT , an affiliate of Investors Title and National Investors Title Insurance Company , which provides search solutions in Florida, Georgia, South Carolina, Tennessee and Virginia.

Title

Housing Wire

SEPTEMBER 30, 2020

Altisource believes in helping clients stay ahead of changing industry demands and challenges with innovative solutions and technology. Trelix Mortgage Fulfillment Services Premium Title and Settlement Services Springhouse Valuations Vendorly Third-Party Oversight CastleLine Insurance Services Lenders One Cooperative.

Title

Housing Wire

MARCH 31, 2022

Over the last 20 years, finding a home and applying for a mortgage have become highly digitized. Once title & escrow operations get powered by a modern technology infrastructure, all other parties in the real estate ecosystem such as mortgage lenders and real estate brokerages could connect to accelerate their own innovation as well. “We

Title

Housing Wire

OCTOBER 29, 2021

A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. HousingWire recently spoke with Dave Steinmetz, Division President of Origination Services for ServiceLink, on what tools lenders should leverage to streamline home equity title and closing.

Title

Housing Wire

APRIL 10, 2023

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.

Title

Housing Wire

AUGUST 30, 2021

Another key takeaway – and a constant theme during the pandemic – is how technology liberated consumers and professionals alike. Technology harnesses desperation to fuel the change that drives the consumer experience. We already knew technology to be a dynamic and fluid panacea for many delays and glitches.

Title

Housing Wire

FEBRUARY 10, 2022

It is no secret that 2021 posed a variety of challenges for the title insurance industry. High demand for housing coupled with low mortgage rates led to an increase in both purchase and refinance transactions, pushing many firms to expand their capacity. Stewart Information Services Corporation was no exception. percent compared to 6.8

Title

Housing Wire

DECEMBER 5, 2022

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.

Title

Housing Wire

FEBRUARY 23, 2023

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies.

Title

Housing Wire

JUNE 22, 2021

HousingWire recently spoke with Robert Karraa, President of First American Data & Analytics , on how lenders can better identify fraud risks and errors in mortgage applications. AI Score uses our proprietary predictive fraud indices, employing both natural and artificial intelligence as well as machine learning technologies.

Title

Housing Wire

APRIL 1, 2021

In today’s low interest rate, high-volume market, lenders need a way to manage their mortgage volume while providing a consistent, high-quality customer experience. ServiceLink’s EXOS Title engine automates the title search, pulling available land records data together to create a complete property profile.

Title

Housing Wire

JUNE 11, 2021

Others are one-time closing costs expenses, which may include: loan origination fees, application fee, mortgage broker fee, title insurance, appraisal fees, title search fee and other miscellaneous payments. Closing costs vary from state to state, but not all home buyers are aware of the expenses prior to closing.

Inspection

Housing Wire

DECEMBER 26, 2022

Many in the title insurance industry reported record years in 2021, but while experts were predicting things to slow down in 2022, the suddenness at which the market cooled was unexpected, or as Jodi Ketchersid, a Destin, Florida-based Corcoran Group agent said: “It was like, ‘Holy cow! What happened to the market?’”.

Title

Housing Wire

OCTOBER 13, 2022

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for.

Title

Inman

MAY 14, 2024

The mobile solution merges home shopping with mortgage, insurance, title search and escrow management to offer a comprehensive home transaction experience, among other features.

Title search

HomeLight

MAY 24, 2022

Mortgage interest is tax-deductible , and many homeowners appreciate the deduction. If you only pay cash for the down payment, and take out a mortgage for the remainder of the purchase price, it keeps more money in your pocket. With a mortgage, the bank verifies that the buyer has the down payment available to close.

Purchase and sale agreement

Real Trends

MARCH 9, 2022

When property is transferred from one owner to another, there may be undiscovered tax liens, forged signatures, recording errors, undisclosed easements, title claims or other defects. Despite strides made by technology to streamline the process of title searches, the title industry remains a people-centered industry.

Title

HomeLight

AUGUST 31, 2021

As a rising number of companies provide cash offers for homes and improve experiences for sellers with advanced technology, the idea that you don’t have to wait months to list and close on your house appeals to many stressed-out sellers. Technology is making it easier and easier to sell a home virtually.

Proof of funds

The Residential Specialist

JUNE 23, 2020

Even before the days of technology, people sat down and thought about the things they did every day, every week or every month, and came up with processes that allowed them to do those things very quickly. Although you can achieve basic automation without it, technology can enhance your automation game. Masterful marketing.

Pre-approval

HomeLight

APRIL 15, 2022

They find this offer to be satisfactory and are able to close in days without mortgage lender involvement. An iBuyer is a deep-pocketed real estate technology company that uses digital tools to purchase homes directly from homeowners and close quickly. Title search. What is an iBuyer? Financing contingency.

Title

HomeLight

JANUARY 3, 2022

An iBuyer uses technology to value the home, sometimes performs a walkthrough, and may adjust the price based on the cost of needed repairs. In addition, the risks of a settlement cancellation or delay are higher with a traditional sale, especially if the buyer is purchasing the home with a mortgage. Title search.

Agents

HomeLight

NOVEMBER 10, 2021

It’s become more common over the last three years because the common use of technology in day-to-day life has changed so drastically.”. A mortgage is a 15- to 30-year commitment, unless you sell or refinance. Step 4: Get preapproved for a mortgage. Did you know that conforming mortgage limits vary by state or country?

Inspection

Redfin

AUGUST 3, 2022

The safest rule of thumb dictates that your mortgage loan payment should not exceed 28% of your monthly gross earnings. 224,000/100 = $2,224 is the maximum monthly mortgage payment, including principal, interest, taxes, house insurance (PITI) plus mortgage insurance, that you could afford according to the 28% rule. .

Purchase and sale agreement

HomeLight

MARCH 13, 2023

You don’t need the added stress of waiting for the buyer’s mortgage approval or a home inspection turning up any unpleasant surprises. Home-buying companies generally pick up closing costs including title search and title insurance that usually range from 1.5% to 3% of the sale price in Orlando.

Sales

HomeLight

DECEMBER 30, 2022

After a brief inspection and title search, the company presents its findings to the seller. Title search. Cash-for-homes companies often handle title issues. Must clear title before you can sell home. Mortgaged buyers use a financing contingency that could hold up the deal if the buyer’s loan doesn’t clear.

Purchase and sale agreement