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FORECLOSURES INCREASE DESPITE MORATORIUM ATTOM Data Solutions’ U.S. Foreclosure Market Report for the first quarter of 2021 shows foreclosure filings increased 9 percent from the previous quarter, even as the foreclosure moratorium on government-backed loans continued. Read on for more details from the report, including the states with the highest foreclosure rates. INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
HOUSING INVENTORY CRUNCH SHOWS SIGNS OF RELENTING The inventory of available homes for sale may begin to increase thanks to the record appreciation of home values enticing more sellers, according to a recent Zillow market report. Read on for more from thereport.
CONSOLIDATED TITLE GROUP LLC Title agency since 1981 serving all 21 counties of New Jersey. We can also act as settlement agent for refinancing as well as all titlerelated activities.
PROPERSIGN RON TOOL NOW INCLUDES ESIGN FEATURE ProperSign, a remote online notarization tool for title agents and loan signing agents, unveiled a new software feature called QuickSign that adds eSigning to the platform. Read on for more. TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. ALLIANT NATIONAL ANNOUNCES FLORIDA VICE PRESIDENT Alliant National Title Insurance Co. announced the promotion of Senior Underwriting Counsel Donna More to vice president - Florida. In her new role, More will continue providing leadership within Alliant National’s Florida underwriting department and support the HIGHLAND TITLE & ESCROW OPENS MARYLAND OFFICE Highland Title & Escrow announced it opened a new office in Frederick, Md., to accommodate rapid growth in the area. The company has officesin
ECONOMIC FORECAST SERIES: Q2 2021 WEBINAR Wednesday, June 23rd @ 2:00 p.m. ET / 11:00 a.m. PT Complimentary Webinar. Attend the second webinar in our 2021 Economic Forecast Series. Jessica Lautz, vice president of demographics and behavioral insights at the National Association of REALTORS (NAR), will share her expertise on the housing and mortgage market. LAW FIRM LAUNCHES ‘TITLE NERDS’ PODCAST Law firm Ricker Danzig, based in New Jersey, recently launched a title insurance podcast called “Title Nerds,” which will explore the intricacies two firm partners have addressed through their decades representing title insurance companies and their insured lenders and property owners. The podcast will feature firm members as well asoutside speakers.
FORECLOSURES INCREASE DESPITE MORATORIUM ATTOM Data Solutions’ U.S. Foreclosure Market Report for the first quarter of 2021 shows foreclosure filings increased 9 percent from the previous quarter, even as the foreclosure moratorium on government-backed loans continued. Read on for more details from the report, including the states with the highest foreclosure rates. INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
HOUSING INVENTORY CRUNCH SHOWS SIGNS OF RELENTING The inventory of available homes for sale may begin to increase thanks to the record appreciation of home values enticing more sellers, according to a recent Zillow market report. Read on for more from thereport.
CONSOLIDATED TITLE GROUP LLC Title agency since 1981 serving all 21 counties of New Jersey. We can also act as settlement agent for refinancing as well as all titlerelated activities.
PROPERSIGN RON TOOL NOW INCLUDES ESIGN FEATURE ProperSign, a remote online notarization tool for title agents and loan signing agents, unveiled a new software feature called QuickSign that adds eSigning to the platform. Read on for more. TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. ALLIANT NATIONAL ANNOUNCES FLORIDA VICE PRESIDENT Alliant National Title Insurance Co. announced the promotion of Senior Underwriting Counsel Donna More to vice president - Florida. In her new role, More will continue providing leadership within Alliant National’s Florida underwriting department and support the HIGHLAND TITLE & ESCROW OPENS MARYLAND OFFICE Highland Title & Escrow announced it opened a new office in Frederick, Md., to accommodate rapid growth in the area. The company has officesin
WHAT DOES THE HOUSING MARKET LOOK LIKE FOR REST OF 2021 ATTOM Chief Product and Technology Officer Todd Teta and Altos Research founder and CEO Michael Simonsen recently took a comprehensive look at the mid-year housing market. The two analyzed current market conditions and shared their forecasts on what to expect for the rest of the year. Read on for details about what Teta and Simonsen had to say. RECORD DEMAND FOR SECOND HOMES CONTINUES Pandemic-driven demand for second homes continued into March, when the number of buyers of second homes rose 128 percent year-over-year, ECONOMIC FORECAST SERIES: Q2 2021 WEBINAR Wednesday, June 23rd @ 2:00 p.m. ET / 11:00 a.m. PT Complimentary Webinar. Attend the second webinar in our 2021 Economic Forecast Series. Jessica Lautz, vice president of demographics and behavioral insights at the National Association of REALTORS (NAR), will share her expertise on the housing and mortgage market. EVOLVING LENDER RELATIONSHIPS WEBINAR Featured Instructors: Moderator: Marc Canner Real Estate Attorney Canner Law & Associates. Marc E. Canner, Esq. is the founder and President of Canner Law & Associates, P.C., a ten attorney Massachusetts real estate law firm with offices in Boston, Needham andSpringfield, MA.
ZOMBIE FORECLOSURES RISE IN SECOND QUARTER According to ATTOM Data Solutions second-quarter 2021 Vacant Property and Zombie Foreclosure Report, the number of pre-foreclosure homes sitting empty in the second quarter was up 21 percent from the first quarter and 5.6 percent from a year ago. Read on for more from the report, including the states with the most zombie properties. DOMA REVENUES RISE 80 PERCENT YEAR-OVER-YEAR Doma Holdings, Inc., reported first quarter total revenues of $128 million, up 80 percent from a year ago. That “far exceeded our budgeted expectations,” Doma CEO Max Simkoff said. He attributed the company’s strong performance to both the robust housing market and continued market share gains. Read on for more from the company’s first-quarter earnings report. LAW FIRM LAUNCHES ‘TITLE NERDS’ PODCAST Law firm Ricker Danzig, based in New Jersey, recently launched a title insurance podcast called “Title Nerds,” which will explore the intricacies two firm partners have addressed through their decades representing title insurance companies and their insured lenders and property owners. The podcast will feature firm members as well asoutside speakers.
FINTECH STAVVY ANNOUNCES $40 MILLION IN FINANCING Boston-based FinTech platform Stavvy announced a record Series A funding round, led by Morningside Technology Ventures. Part of the funding will be used to fund key team members, including a chief strategy officer. Stavvy also announced its alliance with Flagstar Bank, the sixth-largest bank mortgage originator in the country, to provide remote loan modification services. FIRST NATIONAL ADDS SENIOR VICE PRESIDENT/REGIONAL AGENCY First National Title Insurance Co. (FNTI) added Anthony Nalbone as senior vice president, Mid-Atlantic regional agency manager. Nalbone will focus on providing support services to FNTI’s agents in the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and West Virginia, including multi-state and nationally licensed title agencies across the country. COTTRELL TITLE SEES MARKETING RESULTS WITH ALANNA.AI Cottrell Title & Escrow saw its online positive reviews increase by 7 percent after launching a marketing campaign with Alanna.ai, a new AI communication tool in the title space. Alanna.ai was created as a virtual closing assistant to help streamline communication in the real estate industry between agents, lenders, buyers, and sellers. NEWS | THE TITLE REPORT Posted Date: Tuesday, April 6, 2021. North American Title Insurance Co. (NATIC) has added a northwest regional underwriting counsel to work with title agents and affiliates in Washington, Oregon, Idaho and Montana. Read on for more about the new hire. Report: Home prices up FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
FOUNDATION TITLE & ESCROW EXPANDS INTO GEORGIA Thursday, June 3, 2021. Tennessee-based Foundation Title & Escrow Series, LLC, is expanding into Georgia, opening its first location in the state in Fort Oglethorpe. The branch, which will celebrate its grand opening in June, will be run by title industry veteran Kristie Parker. The company’s arrival into Georgia follows recent expansions HIGHLAND TITLE & ESCROW OPENS MARYLAND OFFICE Industry News. Tuesday, May 4, 2021. Highland Title & Escrow announced it opened a new office in Frederick, Md., to accommodate rapid growth in the area. The company has offices in Washington, D.C., Virginia and Maryland. “The decision to expand our presence into Frederick, Md., was a logical step in our business growth strategy,” President OLD REPUBLIC CREDIT SERVICES Old Republic Credit Services is the go-to provider of credit-related services for thousands of mortgage brokers, bankers, credit unions and lenders. From loan origination to loan close, from the first pull of credit to the final credit review (and all the in-between - like tax, social security number and employment verifications, fraud prevention and undisclosed debt monitoring), we can STEWART ACQUIRES A.S.K. SERVICES Stewart Information Services Corp. acquired A.S.K. Services, Inc., which provides search and support services to the title industry. Stewart Agency Services Group President Tara Smith expects the move to strengthen and expand the company’s ability to provide integrated title production to Stewart’s independent agency customers. Read on for more from Smith and A.S.K. Services executives STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICA Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. NEWS | THE TITLE REPORT Posted Date: Tuesday, April 6, 2021. North American Title Insurance Co. (NATIC) has added a northwest regional underwriting counsel to work with title agents and affiliates in Washington, Oregon, Idaho and Montana. Read on for more about the new hire. Report: Home prices up FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
FOUNDATION TITLE & ESCROW EXPANDS INTO GEORGIA Thursday, June 3, 2021. Tennessee-based Foundation Title & Escrow Series, LLC, is expanding into Georgia, opening its first location in the state in Fort Oglethorpe. The branch, which will celebrate its grand opening in June, will be run by title industry veteran Kristie Parker. The company’s arrival into Georgia follows recent expansions HIGHLAND TITLE & ESCROW OPENS MARYLAND OFFICE Industry News. Tuesday, May 4, 2021. Highland Title & Escrow announced it opened a new office in Frederick, Md., to accommodate rapid growth in the area. The company has offices in Washington, D.C., Virginia and Maryland. “The decision to expand our presence into Frederick, Md., was a logical step in our business growth strategy,” President OLD REPUBLIC CREDIT SERVICES Old Republic Credit Services is the go-to provider of credit-related services for thousands of mortgage brokers, bankers, credit unions and lenders. From loan origination to loan close, from the first pull of credit to the final credit review (and all the in-between - like tax, social security number and employment verifications, fraud prevention and undisclosed debt monitoring), we can STEWART ACQUIRES A.S.K. SERVICES Stewart Information Services Corp. acquired A.S.K. Services, Inc., which provides search and support services to the title industry. Stewart Agency Services Group President Tara Smith expects the move to strengthen and expand the company’s ability to provide integrated title production to Stewart’s independent agency customers. Read on for more from Smith and A.S.K. Services executives STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICA Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. NEWS | THE TITLE REPORT AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” of Title Resources Guaranty Co. (TRG), which is owned by Realogy Holdings Corp. AM Best also assesses TRG’s balance sheet strength as very strong. DOWNLOAD THE 2021 STATE OF THE INDUSTRY SPECIAL REPORT Download the 2021 State of the Industry special report. The pandemic has pressed the real estate industry to adapt and evolve. As we move forward in 2021, the industry will continue to face new challenges, new laws and regulations and an abundance of change. This year’s comprehensive special report covers a variety of topics and the issues MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. DOWNLOAD THE 2021 VOICE OF THE TITLE AGENT SPECIAL REPORT Download the 2021 Voice of the Title Agent special report. Sponsored by. Produced by. This year’s Voice of the Title Agent survey revealed some bright spots amid the upheaval of 2020. A surge in pandemic-inspired relocations, coupled with low interest rates, helped drive a more profitable year than 2019 for 90% of our respondents. FIRST NATIONAL ADDS SENIOR VICE PRESIDENT/REGIONAL AGENCY First National Title Insurance Co. (FNTI) added Anthony Nalbone as senior vice president, Mid-Atlantic regional agency manager. Nalbone will focus on providing support services to FNTI’s agents in the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and West Virginia, including multi-state and nationally licensed title agencies across the country. ZOMBIE FORECLOSURES RISE IN SECOND QUARTER According to ATTOM Data Solutions second-quarter 2021 Vacant Property and Zombie Foreclosure Report, the number of pre-foreclosure homes sitting empty in the second quarter was up 21 percent from the first quarter and 5.6 percent from a year ago. Read on for more from the report, including the states with the most zombie properties. HOUSING AFFORDABILITY FALLS FOR FIRST TIME IN TWO YEARS Housing affordability dropped in March year-over-year, the first decline since January 2019, according to First American’s Real House Price Index. Read on for more, including the cities with the greatest declines in housing affordability. FINTECH STAVVY ANNOUNCES $40 MILLION IN FINANCING Boston-based FinTech platform Stavvy announced a record Series A funding round, led by Morningside Technology Ventures. Part of the funding will be used to fund key team members, including a chief strategy officer. Stavvy also announced its alliance with Flagstar Bank, the sixth-largest bank mortgage originator in the country, to provide remote loan modification services. COTTRELL TITLE SEES MARKETING RESULTS WITH ALANNA.AI Cottrell Title & Escrow saw its online positive reviews increase by 7 percent after launching a marketing campaign with Alanna.ai, a new AI communication tool in the title space. Alanna.ai was created as a virtual closing assistant to help streamline communication in the real estate industry between agents, lenders, buyers, and sellers. OPENDOOR EXPANDS INTO THREE NEW MARKETS Residential real estate digital platform Opendoor announced its launch into three new markets to provide homeowners across the U.S. with a streamlined way to sell their homes. Opendoor provides homeowners with a digital solution and a competitive all-cash offer, allowing them to sell their home without a traditional sale. Read on for more about the company’s expansion. RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICA Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICA Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in NEWS | THE TITLE REPORT AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” of Title Resources Guaranty Co. (TRG), which is owned by Realogy Holdings Corp. AM Best also assesses TRG’s balance sheet strength as very strong. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. NEWS | THE TITLE REPORT Maryland-based Passport Title Services has chosen Qualia as its new title production software. Passport Title Chief Growth Officer Kenney Cotter said the Qualia suite of services will help “future-proof” the digital native title company, which employs remote staff across Florida, Kentucky, North Carolina, Pennsylvania, Tennessee, Virginia, West Virginia and Washington, D.C. MILLENNIAL HOMEBUYERS USE PANDEMIC SAVINGS FOR DOWN Nearly a third of millennial first-time homebuyers surveyed by Redfin cited a pandemic silver lining: being able to save extra money to come up with a down payment for a house. Read on for more. INVESTORS TITLE REVENUES SOAR 141 PERCENT YEAR-OVER-YEAR Investors Title Co. reported record results in the first quarter for total revenues, net premiums written and net income. The company reported net income of $13.8 million, or $7.29 per diluted share, compared with a net loss of $7 million, or $3.71 per diluted share, for first quarter 2020, according to the company’s earnings report. Read on for more from the earnings report. COTTRELL TITLE SEES MARKETING RESULTS WITH ALANNA.AI Cottrell Title & Escrow saw its online positive reviews increase by 7 percent after launching a marketing campaign with Alanna.ai, a new AI communication tool in the title space. Alanna.ai was created as a virtual closing assistant to help streamline communication in the real estate industry between agents, lenders, buyers, and sellers. HOUSING AFFORDABILITY FALLS FOR FIRST TIME IN TWO YEARS Housing affordability dropped in March year-over-year, the first decline since January 2019, according to First American’s Real House Price Index. Read on for more, including the cities with the greatest declines in housing affordability. FINTECH STAVVY ANNOUNCES $40 MILLION IN FINANCING Boston-based FinTech platform Stavvy announced a record Series A funding round, led by Morningside Technology Ventures. Part of the funding will be used to fund key team members, including a chief strategy officer. Stavvy also announced its alliance with Flagstar Bank, the sixth-largest bank mortgage originator in the country, to provide remote loan modification services. PATTEN TITLE HIRES SENIOR ESCROW OFFICER Patten Title Co. hired a 15-year title industry veteran as senior escrow officer and branch manager of its new Houston office. Read onfor more.
KNIGHT BARRY ACQUIRES TWO FLORIDA COMPANIES Wisconsin-based Knight Barry Title announced the acquisition of two more Florida companies, including its first in the Orlando market. The Orlando company has two offices, and the second company will mark Knight Barry’s fourth office in South Florida. The acquisitions bring the total number of Knight Barry offices in Florida to 15. Read on for more about the acquisitions. RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICALANDSAFE TITLE BANK OF AMERICALANDSAFE TITLE CALANDSAFE TITLE FLORIDALANDSAFE TITLEINSURANCE COMPANY
Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICALANDSAFE TITLE BANK OF AMERICALANDSAFE TITLE CALANDSAFE TITLE FLORIDALANDSAFE TITLEINSURANCE COMPANY
Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in NEWS | THE TITLE REPORT AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” of Title Resources Guaranty Co. (TRG), which is owned by Realogy Holdings Corp. AM Best also assesses TRG’s balance sheet strength as very strong. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. NEWS | THE TITLE REPORT Maryland-based Passport Title Services has chosen Qualia as its new title production software. Passport Title Chief Growth Officer Kenney Cotter said the Qualia suite of services will help “future-proof” the digital native title company, which employs remote staff across Florida, Kentucky, North Carolina, Pennsylvania, Tennessee, Virginia, West Virginia and Washington, D.C. MILLENNIAL HOMEBUYERS USE PANDEMIC SAVINGS FOR DOWN Nearly a third of millennial first-time homebuyers surveyed by Redfin cited a pandemic silver lining: being able to save extra money to come up with a down payment for a house. Read on for more. INVESTORS TITLE REVENUES SOAR 141 PERCENT YEAR-OVER-YEAR Investors Title Co. reported record results in the first quarter for total revenues, net premiums written and net income. The company reported net income of $13.8 million, or $7.29 per diluted share, compared with a net loss of $7 million, or $3.71 per diluted share, for first quarter 2020, according to the company’s earnings report. Read on for more from the earnings report. COTTRELL TITLE SEES MARKETING RESULTS WITH ALANNA.AI Cottrell Title & Escrow saw its online positive reviews increase by 7 percent after launching a marketing campaign with Alanna.ai, a new AI communication tool in the title space. Alanna.ai was created as a virtual closing assistant to help streamline communication in the real estate industry between agents, lenders, buyers, and sellers. HOUSING AFFORDABILITY FALLS FOR FIRST TIME IN TWO YEARS Housing affordability dropped in March year-over-year, the first decline since January 2019, according to First American’s Real House Price Index. Read on for more, including the cities with the greatest declines in housing affordability. FINTECH STAVVY ANNOUNCES $40 MILLION IN FINANCING Boston-based FinTech platform Stavvy announced a record Series A funding round, led by Morningside Technology Ventures. Part of the funding will be used to fund key team members, including a chief strategy officer. Stavvy also announced its alliance with Flagstar Bank, the sixth-largest bank mortgage originator in the country, to provide remote loan modification services. PATTEN TITLE HIRES SENIOR ESCROW OFFICER Patten Title Co. hired a 15-year title industry veteran as senior escrow officer and branch manager of its new Houston office. Read onfor more.
KNIGHT BARRY ACQUIRES TWO FLORIDA COMPANIES Wisconsin-based Knight Barry Title announced the acquisition of two more Florida companies, including its first in the Orlando market. The Orlando company has two offices, and the second company will mark Knight Barry’s fourth office in South Florida. The acquisitions bring the total number of Knight Barry offices in Florida to 15. Read on for more about the acquisitions. RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICALANDSAFE TITLE BANK OF AMERICALANDSAFE TITLE CALANDSAFE TITLE FLORIDALANDSAFE TITLEINSURANCE COMPANY
Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICALANDSAFE TITLE BANK OF AMERICALANDSAFE TITLE CALANDSAFE TITLE FLORIDALANDSAFE TITLEINSURANCE COMPANY
Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in NEWS | THE TITLE REPORT AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” of Title Resources Guaranty Co. (TRG), which is owned by Realogy Holdings Corp. AM Best also assesses TRG’s balance sheet strength as very strong. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. NEWS | THE TITLE REPORT Maryland-based Passport Title Services has chosen Qualia as its new title production software. Passport Title Chief Growth Officer Kenney Cotter said the Qualia suite of services will help “future-proof” the digital native title company, which employs remote staff across Florida, Kentucky, North Carolina, Pennsylvania, Tennessee, Virginia, West Virginia and Washington, D.C. MILLENNIAL HOMEBUYERS USE PANDEMIC SAVINGS FOR DOWN Nearly a third of millennial first-time homebuyers surveyed by Redfin cited a pandemic silver lining: being able to save extra money to come up with a down payment for a house. Read on for more. INVESTORS TITLE REVENUES SOAR 141 PERCENT YEAR-OVER-YEAR Investors Title Co. reported record results in the first quarter for total revenues, net premiums written and net income. The company reported net income of $13.8 million, or $7.29 per diluted share, compared with a net loss of $7 million, or $3.71 per diluted share, for first quarter 2020, according to the company’s earnings report. Read on for more from the earnings report. COTTRELL TITLE SEES MARKETING RESULTS WITH ALANNA.AI Cottrell Title & Escrow saw its online positive reviews increase by 7 percent after launching a marketing campaign with Alanna.ai, a new AI communication tool in the title space. Alanna.ai was created as a virtual closing assistant to help streamline communication in the real estate industry between agents, lenders, buyers, and sellers. HOUSING AFFORDABILITY FALLS FOR FIRST TIME IN TWO YEARS Housing affordability dropped in March year-over-year, the first decline since January 2019, according to First American’s Real House Price Index. Read on for more, including the cities with the greatest declines in housing affordability. FINTECH STAVVY ANNOUNCES $40 MILLION IN FINANCING Boston-based FinTech platform Stavvy announced a record Series A funding round, led by Morningside Technology Ventures. Part of the funding will be used to fund key team members, including a chief strategy officer. Stavvy also announced its alliance with Flagstar Bank, the sixth-largest bank mortgage originator in the country, to provide remote loan modification services. PATTEN TITLE HIRES SENIOR ESCROW OFFICER Patten Title Co. hired a 15-year title industry veteran as senior escrow officer and branch manager of its new Houston office. Read onfor more.
KNIGHT BARRY ACQUIRES TWO FLORIDA COMPANIES Wisconsin-based Knight Barry Title announced the acquisition of two more Florida companies, including its first in the Orlando market. The Orlando company has two offices, and the second company will mark Knight Barry’s fourth office in South Florida. The acquisitions bring the total number of Knight Barry offices in Florida to 15. Read on for more about the acquisitions. RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICALANDSAFE TITLE BANK OF AMERICALANDSAFE TITLE CALANDSAFE TITLE FLORIDALANDSAFE TITLEINSURANCE COMPANY
Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in RECORD DEMAND FOR SECOND HOMES CONTINUES Record demand for second homes continues. The number of buyers of a second home soared 128 percent year-over-year in March, according to a Redfin report, compared with a 34 percent year-over-year gain for primary homes. That’s the 10th straight month of at least 80 percent annual growth for second-home purchases. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. FORECLOSURES INCREASE DESPITE MORATORIUM Foreclosures increase despite moratorium. ATTOM Data Solutions ’ U.S. Foreclosure Market Report for the first quarter of 2021 shows there were 33,699 U.S. properties with foreclosure filings in the first quarter of 2021, up 9 percent from the previous quarter, but down 78 percent year-over-year. The report also found foreclosurefilings in
INDUSTRY VETERAN LAUNCHES TITLE COMPANY, INSURER FOCUSED A 30-year industry veteran recently launched a title company and title insurer in California that will focus on the lender business. The title company is licensed in California, Arizona, Nevada, Texas and Florida, and expects to be in Colorado by the end of May. Eventually, it plans to operate in as many as 40 states. Read on for more aboutthe new companies.
A LOOK BACK AT LANDAMERICA PURCHASE It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial’s (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape. FNF closed the acquisition of LandAmerica on Dec. 22, 2008, capping a two-year stretch TITLESERV OFFICES RAIDED BY FBI, COMPETITORS GRAB BUSINESS Titleserv offices raided by FBI, competitors grab business. On April 27, the Federal Bureau of Investigation raided the offices of national title agent Titleserv in Woodbury, N.Y. The agent officially closed its doors on April 8 and had a skeleton crew in place to clear out the remaining pipeline. Jim Margolin, a spokesman for the FBI, couldn't TITLEWAVE NAMES SALES VICE PRESIDENT TitleWave Real Estate Solutions has named Barri Pitman as vice president of sales for New Jersey and New England, the company announced. The company said Pitman will report directly to Leanne Zinn, president of TitleWave Real Estate Solutions. “Barri has extensive experience in both the title and software industries,” Zinn said in a release. ARMOUR SETTLEMENT SERVICES, LLC Armour Settlement Services, LLC is a leading title company that provides nationwide title services (excluding Hawaii) for realtors, lenders, and homeowners. We pride ourselves on providing the best title company services at low rates, with fast turnaround for settlement services, 24/7 service, mobile settlements, Spanish speaking settlements, and online title closings. STEWART PURCHASES LANDSAFE TITLE FROM BANK OF AMERICALANDSAFE TITLE BANK OF AMERICALANDSAFE TITLE CALANDSAFE TITLE FLORIDALANDSAFE TITLEINSURANCE COMPANY
Stewart has reached an agreement with Bank of America to purchase its LandSafe Title businesses. The purchase of these operations is consistent with Stewart’s strategies to expand Stewart’s mortgage and title operations and enhance the service Stewart offers its mortgage customers. Read on to learn more about this acquisition. THE CRAIG HASKINS STORY The Craig Haskins Story. Monday, February 4, 2013. How an aspiring TV broadcaster ended up changing the processes and mindset of a small Wisconsin title agency. C raig Haskins is a self-proclaimed geek. Not in the Star Trek convention sense, but in the gadgets, gizmos and video game sense. Craig has always been driven by an interest in NEWS | THE TITLE REPORT AM Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” of Title Resources Guaranty Co. (TRG), which is owned by Realogy Holdings Corp. AM Best also assesses TRG’s balance sheet strength as very strong. MORE FROM THE TITLE REPORT Report: April home value highest since 2005. Friday, May 21, 2021. Home value for a typical home hit $281,370 in April, up 11.6 percent from last year, to the highest seen since 2005, according to a recent Zillow market report. Read on for more from the report. NEWS | THE TITLE REPORT Maryland-based Passport Title Services has chosen Qualia as its new title production software. Passport Title Chief Growth Officer Kenney Cotter said the Qualia suite of services will help “future-proof” the digital native title company, which employs remote staff across Florida, Kentucky, North Carolina, Pennsylvania, Tennessee, Virginia, West Virginia and Washington, D.C. MILLENNIAL HOMEBUYERS USE PANDEMIC SAVINGS FOR DOWN Nearly a third of millennial first-time homebuyers surveyed by Redfin cited a pandemic silver lining: being able to save extra money to come up with a down payment for a house. Read on for more. INVESTORS TITLE REVENUES SOAR 141 PERCENT YEAR-OVER-YEAR Investors Title Co. reported record results in the first quarter for total revenues, net premiums written and net income. The company reported net income of $13.8 million, or $7.29 per diluted share, compared with a net loss of $7 million, or $3.71 per diluted share, for first quarter 2020, according to the company’s earnings report. Read on for more from the earnings report. COTTRELL TITLE SEES MARKETING RESULTS WITH ALANNA.AI Cottrell Title & Escrow saw its online positive reviews increase by 7 percent after launching a marketing campaign with Alanna.ai, a new AI communication tool in the title space. Alanna.ai was created as a virtual closing assistant to help streamline communication in the real estate industry between agents, lenders, buyers, and sellers. HOUSING AFFORDABILITY FALLS FOR FIRST TIME IN TWO YEARS Housing affordability dropped in March year-over-year, the first decline since January 2019, according to First American’s Real House Price Index. Read on for more, including the cities with the greatest declines in housing affordability. FINTECH STAVVY ANNOUNCES $40 MILLION IN FINANCING Boston-based FinTech platform Stavvy announced a record Series A funding round, led by Morningside Technology Ventures. Part of the funding will be used to fund key team members, including a chief strategy officer. Stavvy also announced its alliance with Flagstar Bank, the sixth-largest bank mortgage originator in the country, to provide remote loan modification services. PATTEN TITLE HIRES SENIOR ESCROW OFFICER Patten Title Co. hired a 15-year title industry veteran as senior escrow officer and branch manager of its new Houston office. Read onfor more.
KNIGHT BARRY ACQUIRES TWO FLORIDA COMPANIES Wisconsin-based Knight Barry Title announced the acquisition of two more Florida companies, including its first in the Orlando market. The Orlando company has two offices, and the second company will mark Knight Barry’s fourth office in South Florida. The acquisitions bring the total number of Knight Barry offices in Florida to 15. Read on for more about the acquisitions.Back to top
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First American’s first-quarter earnings improve Tuesday, May 5, 2020 First American Financial Corp. reported improved first-quarter earnings, including a nearly double-digit increase in total revenue, according to the company’s latest earnings statement.Read more >>
Stewart partners with SIGNiX to expand digital offerings Tuesday, May 5, 2020 Stewart Title has entered into an agreement with SIGNiX to offer the latter’s digital signature products to its internal notaries and network, the company announced.Read more >>
Notarize rolls out new service in 13 states Tuesday, May 5, 2020 Title agencies and law firms in 13 states now can use the Notarize platform to complete their own real estate closings. Read on for more details about the new offering.Read more >>
Westcor hires regional manager Tuesday, May 5, 2020 Westcor Land Title Insurance Co. has hired a vice president, regional manager. Read on for more details.Read more >>
------------------------- Home seller ROIs increased during first quarter Tuesday, May 5, 2020 Home sellers during this year’s first quarter realized a home price gain of $67,100 on the typical sale, up from $66,264 in the fourth quarter of 2019 and up from $59,000 one year ago.Read more >>
------------------------- Covius expands compliance monitoring Tuesday, May 5, 2020 Covius now is issuing daily client alerts that provide a summary of new COVID-19-related policies. Read on for more details.Read more >>
------------------------- Old Republic title premiums jump nearly 24 percent Wednesday, April 29, 2020 An “exceptionally strong” performance by its title insurance segment helped Old Republic International Corp. produce improved first-quarter numbers despite the coronavirus pandemic. Read on for more details from Old Republic’s first-quarter earnings statement.Read more >>
------------------------- Community Title Network eRecords in Maryland county Wednesday, April 29, 2020 Community Title Network, through its eRecording partner Simplifile, recently eRecorded the first deed in a purchase transaction in Montgomery County, Md. Read on for more details.Read more >>
------------------------- Greater Illinois Title launches GIT Home Close Wednesday, April 29, 2020 Greater Illinois Title Co. and its subsidiaries now are offering a suite of virtual closing tools it said allow customers to execute documents conveniently, securely and safely from their homes.Read more >>
------------------------- PropLogix launches payoff letter service Wednesday, April 29, 2020 PropLogix has launched a payoff letter service designed to save closing agents time. Read on for more details.Read more >>
------------------------- March home sales increased Wednesday, April 29, 2020 March home sales increased 2.7 percent year-over-year in the 52 markets examined in the RE/MAX National Housing Report. Read on formore details.
Read more >>
------------------------- NATIC names regional underwriting counsel Wednesday, April 29, 2020 North American Title Insurance Co. has added a vice president, regional underwriting counsel for North Carolina, South Carolina, Tennessee and Mississippi. Read on for more details.Read more >>
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