Community Title Network acquires Colony Title Group

Housing Wire

Mid-Atlantic title company Community Title Network LLC has acquired Colony Title Group LTD, an agency in Columbia, Maryland. Edwin Tillman, who founded Colony Title Group in 1995, will remain with the company and serve as leader of branch operations.

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Stewart Title merges Nevada offices

Housing Wire

Stewart Title continues to tinker with its national footprint. The title giant recently combined its two Northern Nevada divisions – Legacy Division and Western Division. Thomas Title also has offices in Texas, the Stewart group said in a Friday press release.

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Compass acquires another title company

Housing Wire

Real estate brokerage Compass announced Monday that is has signed an agreement to acquire Dallas-based title insurance company LegacyTexas Title Co. , its latest foray into the title and escrow space. LegacyTexas Title has served the North Texas area for over 40 years.

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Covius to acquire Nationwide Title Clearing

Housing Wire

Nationwide Title Clearing , one of the country’s largest mortgage document prep companies , is to be acquired by settlement services firm Covius Holdings. The post Covius to acquire Nationwide Title Clearing appeared first on HousingWire.

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Ransomware imperils title, mortgage industry

Housing Wire

Ransomware attackers hit major title industry cloud services provider Cloudstar , stopping an untold number of loans from closing on Monday. The ramifications for the title and mortgage industry may extend beyond the immediately impacted loan applications.

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Foundation Title & Escrow merges with Paulus Title

Housing Wire

Foundation Title & Escrow announced it is expanding its footprint in Alabama through its merger with Paula Title. This is the latest in a series of growth expenditures for Tennessee-based Foundation Title & Escrow.

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AmTrust Title adds executive counsel

Housing Wire

AmTrust Title Insurance Company has added two executives to its team, naming James Bozzomo as chief underwriting counsel for direct operations and Jefferson Howeth as senior corporate counsel. Howeth served as general counsel for a title underwriter for six years prior to joining AmTrust.

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Stewart Title acquires Informative Research for $192M

Housing Wire

“Big Four” title firm Stewart Title has struck yet another acquisitions deal. operations from ET Investments , and even expanded into Alaska with the acquisition of Yukon Title. Stewart Title Title insurance

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Knight Barry Title continues Florida expansion

Housing Wire

Wisconsin-based Knight Barry Title acquired two additional businesses in Florida, running up its number of Sunshine State locations to 15. Knight Barry acquired Closing Boutique’ s two Orlando offices in Clermont and Mount Dora, Florida, as well as Home Title America in West Palm Beach.

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Knight Barry Title acquires Florida’s MLS Title

Housing Wire

Wisconsin-based Knight Barry Title has announced its acquisition of MLS Title , located in Fort Myers, Florida. MLS Title, owned by Susan Malach, opened in 2004. Bringing Susan’s great team on board serves two purposes for us — more convenience for our already loyal local customers and the opportunity to keep building the KBT brand,” said Craig Haskins, Knight Barry Title chief operating officer. In 2018, it acquired four title agencies south of the Twin Cities.

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Stewart adds Arizona’s Thomas Title & Escrow

Housing Wire

Stewart Information Services Corporation , a subsidiary of title giant Stewart Title , has acquired Arizona-based Thomas Title & Escrow. Thomas Title & Escrow, a full-service commercial title company, was founded in 2006.

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North American Title hires Cassidy to lead compliance

Housing Wire

Title insurance veteran Janice Cassidy has been named agency compliance manager at North American Title Insurance Co., Before becoming an escrow manager and title officer in Jacksonville, Florida, Cassidy owned her own title agency in New Jersey.

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Title Companies and Solutions Special Reports

Housing Wire

The title process is complex, time-consuming and subject to errors and security concerns, which can potentially delay a borrower’s closing date. CoreLogic DataTrace Overland (Boston National Title) Qualia Radian ServiceLink Sourcepoint WFG Lender Services.

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Title insurers wrote nearly $20 billion in premiums in 2020

Housing Wire

Title insurers wrote $19.2 billion in premiums last year, but a recent report from the American Land Title Association predicts a slowdown in 2021 due to – you guessed it! – Just how fruitful was 2020 for title insurers? segment pretax margin of title insurance and services.

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First American acquires Texas’ Georgetown Title

Housing Wire

Title insurance provider First American Financial Corporation announced the acquisition of Texas-based Georgetown Title , a company with roots planted in the Lone Star State over 125 years ago. Georgetown Title will become part of the direct operations of First American’s largest subsidiary, First American Title Insurance Company, the company said in a press statement. billion underwritten by title insurers in 2020 was a 22% increase from $15.8

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Here are 2020’s top companies in title so far

Housing Wire

The title industry experienced quite a rush in the second quarter of 2020 with $4.18 billion in title insurance premiums generated. Below are the top 4 companies in title by market share for the second quarter. Here are the top 5: Westcor Land Title Insurance : 5.9%

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Shaddock National acquires Continental Title

Housing Wire

Dallas-based Shaddock National Holdings announced its majority equity acquisition of Continental Title Company , which has more than 20 locations in Kansas and Missouri. Services , a title and search support servicer, in March.

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Title Alliance keeps growing, adds Arizona offices

Housing Wire

It’s been a busy week for Pennsylvania-based Title Alliance. Nine days after officially announcing a new branch in Washington , the title company has made another move in a big market, expanding its Arizona footprint into Phoenix and Mesa.

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The title insurance arms race heats up

Housing Wire

The first time Lawyers Title of Arizona Sales Executive Sarah Perkins walked through an acquisition was 2006. In fact, the feeding frenzy for title companies is just getting started. The post The title insurance arms race heats up appeared first on HousingWire.

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Title insurance premiums surging during COVID-19 pandemic

Housing Wire

The title insurance industry saw a surge in premium volume in the second quarter of 2020, according to the American Land Title Association’s latest Market Share Analysis. But title insurance premiums are also surging as a result. The title insurance industry generated $4.18

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WFG Title bolsters Midwest team with new underwriters

Housing Wire

Oregon-based WFG National Title Insurance Co. ” Richardson, who holds title producer licenses in Michigan and Indiana, comes to WFG after seven years on Amrock’s legal team. The post WFG Title bolsters Midwest team with new underwriters appeared first on HousingWire.

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Title insurance premium volume surges 17.6% in Q3

Housing Wire

Mortgage title insurance premiums surged by 17.6% billion, according to the latest market share analysis from the American Land Title Association. billion in title insurance premiums seen in the second quarter this year. The title industry has paid $347.8

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HG Holdings acquires National Consumer Title

Housing Wire

North Carolina-based HG Holdings Inc agreed last week to acquire 100% of the equity of Florida-based National Consumer Title Insurance Company — owned by Southern Fidelity — and 100% of the interest in National Consumer Title Group LLC.

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North American Title Insurance announces flurry of moves

Housing Wire

Margaret Redman has been named director of national commercial services and senior regional underwriting counsel for North American Title Insurance Co. The post North American Title Insurance announces flurry of moves appeared first on HousingWire.

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Stewart Title acquires digital mortgage tech firm Cloudvirga

Housing Wire

Title-services giant Stewart Title announced today the acquisition of Cloudvirga , a leading fintech company that powers digital mortgages through its retail and wholesale point-of-sale systems. Services , a title and search support servicer, in March.

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Kensington Vanguard acquires Virginia title company

Housing Wire

New York-based Kensington Vanguard National Land Services recently acquired Hometown Title and Escrow , a title company based in Virginia. ” Originally from Wichita, Kansas, Niedens began her title insurance career in 1995 focused on servicing residential transactions.

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Knight Barry Title completes multi-office acquisition

Housing Wire

Knight Barry Title is joining the ranks of title companies upping their merger and acquisition games. The company announced its purchase of Title One , a six-office operation that will strengthen its presence in Minnesota, especially the Minniapolis-St.

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Missouri National Title expands footprint with acquisition

Housing Wire

National Title and Escrow , which is based in Dexter, Missouri, announced its acquisition of Mississippi County Abstract and Loan , based in Charleston, Missouri. This acquisition will create National Title’s fourth office, in addition to its locales in New Madrid and Little Rock, Arkansas.

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Title Alliance opens second branch in Washington

Housing Wire

Pennsylvania-based Title Alliance Ltd. The new branch in Tacoma, Washington will be added to Title Alliance’s family of joint ventures with Title Alliance Northwes t, which is a partnership with a Keller Williams Realty franchise.

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TitleOne acquires Land Title, expanding NW footprint

Housing Wire

TitleOne , a subsidiary of Realogy Title Group, announced today the acquisition of Land Title of Nez Perce County in Lewiston, Idaho. That’s not even addressing the “big four” title companies of Fidelity National Financial , First American Finance Corp.,

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AI can finally address some of the chokepoints in title

Housing Wire

For the title industry, artificial intelligence (AI) is no longer just a futuristic concept to be discussed wistfully in conference breakout sessions. Until now, most title agencies have attacked those problem areas with staffing.

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DataTrace integrates with title software SoftPro

Housing Wire

Title automation company DataTrace has announced an integration with SoftPro , a real estate closing and title software company, which will allow SoftPro users to access over 560 title plants, nationwide tax and recorded property data, and more than 7 billion document images.

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Lone Wolf launches digital title solution

Housing Wire

Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction.

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First American, Stewart Title and Old Republic report for 2Q

Housing Wire

Three of the “Big Four” title insurers — First American Financial , Old Republic and Stewart Title — released their second-quarter earnings this week. Our title segment posted a pretax margin of 19.1%, the highest in the company’s history.”

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Stewart Title acquires notarization provider NotaryCam

Housing Wire

Stewart Title has seen significant growth this year, including the acquisition of a significant number of Western U.S. Historically, the title offices associated with this transaction have generated in excess of $20 million in pre-tax income. Presented by: Stewart Title.

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