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Westcor joins Fannie Mae title waiver pilot

Housing Wire

Westcor Land Title Insurance Co. is now the second title vendor taking part in Fannie Mae ‘s title insurance waiver pilot program. Doma was the first title insurance firm to take part in the program. Federal Housing Finance Agency (FHFA) Director Bill Pulte announced the move in a social media post.

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Fannie Mae title pilot could save homeowners up to $1,692 per refi

Housing Wire

Fannie Mae s title insurance pilot program could save borrowers up to $2.19 In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19 In their analysis, Nigrinis and Zywicki found that borrowers refinancing their mortgage could save an estimated $2.19

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Beyond the deal: Marc Trachtenberg on the true value of title insurance

Housing Wire

Marc Trachtenberg chairman and CEO of Silk Title Company has spent a career in mortgage and title insurance companies finding ways to break from the status quo, creating innovative, forward-thinking solutions along the way. Silk Title is known for integrations and process efficiencies with lender partners.

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Bipartisan congressional caucus calls on FHFA to halt title waiver program

Housing Wire

The Bipartisan Congressional Real Estate Caucus is calling on the Federal Housing Finance Agency (FHFA) to cease its pilot program for title insurance waivers until the program is vetted and the agency seeks public input on it. According to the letter, the average cost of a title claim and associated expenses is $26,000.

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FundingShield: Wire, title fraud risk hits record high

Housing Wire

Nearly half of real estate transactions reviewed in the first quarter of 2025 showed signs of potential wire and title fraud, according to a report from FundingShield. In Q1 2025, FundingShield said it received increased data requests from lender clients undergoing mortgage origination risk assessment audits. It found that 46.8%

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New First American tool aims to flag title issues early

Housing Wire

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times.

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Fidelity National, FHFA announce collaboration on ‘innovative title solutions’

Housing Wire

Fidelity National Financial (FNF) and the Federal Housing Finance Agency ( FHFA ) have agreed to collaborate on “innovative title insurance solutions,” news that was first shared on social media by FHFA Director Bill Pulte. ” Last week, Westcor Land Title Insurance Co. “I implore them to stand strong.