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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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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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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Doma, formerly States Title, will go public via SPAC

Housing Wire

Title insurance startup Doma – formerly known as States Title – announced today that it will go public through a merger with special purpose acquisition company Capitol Investment Corp. V Doma Mark Ein max simkoff NYSE spac states title Title insurance

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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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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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Notarize offers free notarizations to fight racist title language

Housing Wire

Digital notary startup Notarize is now offering free notarizations in an effort to eliminate racial covenants in title insurance documents. “Changes to a title require a document to be notarized, and Notarize wanted to help,” said Cristin Culver, a spokesperson for Notarize.

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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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Title fraud rises more than 30% in Q3

Housing Wire

Title fraud continues to grow, seeing sharp increases in the third quarter of 2020, according to the latest report from FundingShield. FundingShield’s Q3 2020 Wire and Title Fraud Analytics report shows a 31.5%

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CoreLogic adds digital title processing platform

Housing Wire

CoreLogic announced last week the launch of a title and closing product, a digital platform designed to help lenders by automating dozens of manual steps. Here’s what lenders should look for in a title provider.

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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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How hybrid title and valuations help increase lending efficiency

Housing Wire

HW: How can integrating title and valuation data points alleviate those pain points? It combines the proven services and expertise of Premium Title and Springhouse Valuations to provide a full suite of customizable products focused on the home equity lines of credit (HELOC) market.

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Fidelity Title, Stewart expand in new markets

Housing Wire

And Stewart Title picked up its acquisition activity to grow its presence in Alaska. Fidelity hired Rachel Hollinger Chapman to lead its National Title Insurance of New York’s agency operation in Georgia. “We It acquired Yukon Title’s officers and employed the Yukon Title team.

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DataTrace launches market insight platform for title companies

Housing Wire

DataTrace Information Services announced on Thursday its launch of MarketView – a platform that will provide title companies with accurate market insights including existing market share. The post DataTrace launches market insight platform for title companies appeared first on HousingWire.

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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 technology is critical for digital mortgage success

Housing Wire

At the Notarize Rewired event Wednesday on the panel, Home Buying After COVID, four experts talked about some of the largest pain points in the title industry. So I think we need better integration from real estate, mortgage to title; remote online notarization is a huge part of that. “I

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ALTA ONE to address changing times for title professionals

Housing Wire

The American Land Title Association , which represents more than 6,400 title insurance companies, title and settlement agents, independent abstractors, title searchers and real estate attorneys, announced it will hold its ALTA ONE event virtually for the first time.

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States Title raises $150M for home closing tech

Housing Wire

Title insurance upstart States Title announced this week $150 million in debt financing from HSCM Bermuda , which will go towards developing a more modern home closing experience. which helped fund the 2019 acquisition of North American Title Co.

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People movers: Cherry Creek Mortgage, Knock, Radian, Atlas Title

Housing Wire

Closing out this week’s list of hiring announcements, Atlas Title Company hired Tricia Chavis as executive vice president, chief underwriter. The post People movers: Cherry Creek Mortgage, Knock, Radian, Atlas Title appeared first on HousingWire.

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The shifting role of the notary in mortgage title

Housing Wire

Earlier this year, Notarize and Realogy Title Group announced they saw a 200% spike in RON closings in the first half of 2020, as compared to the full year in 2019. Title 2021 forecast HWplus mortgage notary remote online notarization RON

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Stewart Title capitalized on refi wave with strong Q4 2020

Housing Wire

Following an impressive fourth quarter, Stewart Title announced a 10% increase in the company’s annual cash dividend to $1.32 Stewart’s non-commercial domestic title revenue checked in at $239.7 It also grew its Alaska operations with the acquisition of Yukon Title. “We’re

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Title insurance and owner’s title insurance explained

The Mortgage Report

Title insurance protects you against outside claims to your property. Lender's title insurance is required but you should get owner's title insurance, too. About Mortgages Homebuyers Housing Mortgage Owners Policy Title Insurance

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People movers: Better.com, Credit Plus, Foundation Title & Escrow

Housing Wire

This week, Better.com , Credit Plus and Foundation Title & Escrow Series announced changes to their leadership team. Foundation Title & Escrow Series hired Shawna Hulse as Tennessee president of the real estate title and closing firm.

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Here’s what lenders should look for in a title provider

Housing Wire

HousingWire recently spoke with Susan Falsetti, managing director of Origination Title and Close at ServiceLink, about the state of title in 2020 and how the EXOS technology platform allowed ServiceLink clients to take advantage of virtual closing solutions.

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Doing title and close in Louisiana? State requires physical location starting Jan. 1

Housing Wire

Late last week, the Louisiana Department of Insurance issued an advisory letter on Louisiana Act No 310 , which mandates that title insurance companies have a physical location in the state in order to operate there, beginning on Jan. The post Doing title and close in Louisiana?

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Stewart Title acquires valuation services company Pro Teck

Housing Wire

Pro Teck’s added scale and capabilities take us one step closer to becoming the premier title services company, allowing us to increase our services for our customers.”. The post Stewart Title acquires valuation services company Pro Teck appeared first on HousingWire.

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Old Republic’s title insurance income soars in 2020

Housing Wire

reported positive revenue for 2020, in large part because its title insurance arm made up for a decrease in general earned premiums. This growth stemmed from greater profitability in the general and title insurance segments. Here’s what lenders should look for in a title provider.

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Ubitquity inks deal to build out blockchain platform for Rainier Title

Housing Wire

Ubitquity , developer of a blockchain-secured platform for real estate and title recordkeeping, has announced a new partnership with Rainier Title. For his part, Ubitquity Founder & CEO Nathan Wosnack believes that blockchain technology will disrupt, not replace, the title industry.

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Stewart Title hits growth spurt with recent addition of 600 employees

Housing Wire

HousingWire spoke to Stewart Title CEO Fred Eppinger about the company’s new focus on growth, recent strategic moves and how it’s reframing the way it does business. HW: As a title partner, what do you offer that your competitors don’t?

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Notarize and Realogy Title Group see 200% spike in RON closings

Housing Wire

A partnership between Realogy Title Group and Notarize that has sought to accelerate the adoption of remote online notarizations hit a milestone in the first half of 2020. ” The post Notarize and Realogy Title Group see 200% spike in RON closings appeared first on HousingWire.

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Embracing technology will be key for lenders and title companies in 2021

Housing Wire

As the country embraces technology now more than ever, lenders and title companies have an opportunity to embrace the possibilities of mortgage technology to connect with consumers in new ways and grow their businesses.

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What Is Title Insurance, and How Much Does Title Insurance Cost?

Realtor.com

barisonal/iStock.com Buying a home often entails also buying various types of insurance to protect your property, and one type you might need to get is called title insurance. When you buy a home, you “take title” to it and establish legal ownership. What is title insurance?

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People movers: Sagent, Homespire Mortgage, Title Partners

Housing Wire

Title Partners has appointed Daniel Lorimer and Michael Haas as senior vice presidents of business development. Most recently, he served as a senior vice president at a national title company based in Dallas-Fort Worth. Most recently, he served as a vice president of commercial services for a national title company. The post People movers: Sagent, Homespire Mortgage, Title Partners appeared first on HousingWire.

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Gathering around the table: How one title company pledges to support local community

Housing Wire

Tucked right into the end of the home-buying process is the unique opportunity for title companies to connect with borrowers on how they can give back to the community together. Title/Escrow HWplus Kudos local communities Security Title Insurance title companies

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Compass enters title and escrow with Modus acquisition

Housing Wire

Real estate technology company Compass announced on Monday that it has signed a definitive agreement to acquire title and escrow software startup, Modus. The post Compass enters title and escrow with Modus acquisition appeared first on HousingWire. Fintech Real Estate Tech Title/Escrow acquisition Compass end-to-end real estate Modus real estate tech

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