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The Title Report is the title insurance industry’s premier source of market intelligence on issues that matter to today’s title agent and settlement services professional. It provides up-to-the-minute, nationwide reporting on title insurance, settlement services, e-commerce and title technology, real estate market trends, fraud reports, ratings actions and earnings reports, mergers and acquisitions, niche markets, competitive business strategies and regulatory and legislative updates.


 

 

General Title partners with Indiana law firmOpen in a New Window

General Title Insurance Co. has affiliated itself with an Indiana law firm that has provided insurance services for more than three decades, the law firm announced.

Based in Huntington, Ind., the law firm has three offices and offers assistance with buying and selling real estate of all types, including retail, industrial and residential development, commercial and residential leasing.

Read on for more details.


 

Ryan: Transformational tax reform coming in 2017Open in a New Window

During a speech before the National Association of Manufacturers, House Speaker Paul Ryan said Republicans are committed to tackling transformational tax reform this year.


He said President Donald Trump’s plan would lower the corporate tax rate for all businesses and make it simpler for families and individuals to file taxes.


Read on for more details.


 

ClosingCorp introduces new productOpen in a New Window

ClosingCorp has launched an advanced rate management solution that enables title organizations to collect and manage their specific rate and fee data.


The new technology is designed for underwriters and title companies seeking to create and manage special lender pricing, as well as standard rates for lender use nationwide.


Read on for more details.


 

Foreclosures up in MayOpen in a New Window

According to ATTOM Data Solutions, the number of homes in foreclosure throughout the U.S. increased during May.

Read on for more details.


 

Premium Title receives MOR RV1 rankingOpen in a New Window

Premium Title has received the highest vendor ranking from Morningstar Credit Ratings, LLC.

Read on for more details.


 

ATG Trust adds to staffOpen in a New Window

ATG Trust Co. has added a former Iowa assistant attorney general with more than 15 years of experience in estate and trust administration, estate planning and elder law to its staff.

Read on for more details.


 

Fraud-prevention costs stymieing innovationOpen in a New Window

According to a newly released survey, more than 40 percent of finance executives said fraud risk is interfering with corporate efforts to develop new products and services and prompting business model changes.


More than half of the executives surveyed said fraud increased, not decreased, with the introduction of EMV technology.


Read on for more details.


 

Highlights from the 2017 National Settlement Services SummitOpen in a New Window

Title agents fortunate enough to attend October Research’s 2017 National Settlement Services Summit in San Antonio earlier this month did more than renew acquaintances and eat great Tex-Mex.


Most took advantage of a one-stop opportunity to join informative sessions that equipped them with information on adopting eClosings, tools for attracting more business and efficient methods for marketing their brands.


Read on for this year's highlights.


 

Fidelity, Black Knight split edges closerOpen in a New Window

The boards of directors of both Fidelity National Financial and Black Knight Financial Services have signed formal agreements approving the plan for Black Knight to become an independent company later this year.


The split is scheduled to become official sometime during the third quarter.


Read on for details of what still needs to happen to complete the plan.


 

Title Alliance adds pioneering attorneyOpen in a New Window

Title Alliance’s newest board director was the first female partner in the 90-year history of the founding office of Coopers & Lybrand.


Read on for more details.


 

IDS expands LendingQB integrationOpen in a New Window

A new feature added to International Document Services’ integration of LendingQB allows the preview of mortgage documents before they are submitted to fulfillment.

Read on for more details.


 

Interest rate hike not expected to slow marketOpen in a New Window

For the second time this year and the third time since December, the Federal Open Market Committee has lifted its benchmark short-term interest rate.


The committee said a strengthening economy and decreasing unemployment justified the increase. Two industry analysts told The Title Report the rate hike is not expected to have a huge impact on mortgage rates.


Read on for more details.


 

Stearns acquires mortgage companyOpen in a New Window

Stearns Lending has acquired a residential mortgage origination and servicing company that is licensed in more than 40 states and originated $1.9 billion in 2016.

Stearns’ CEO said the acquired business is complementary to its current business and strengths and that it has offered jobs to mortgage production related employees affected by the acquisition.

Read on for more details.


 

Regional title company building new headquartersOpen in a New Window

A regional title company with about 200 employees at 21 offices in Missouri and Arkansas has announced plans to combine its existing corporate headquarters and title plant at a newly constructed office.


The company’s chief operating officer said bringing more employees under one roof will help increase the firm’s visibility.


Read on for more details.


 

Qualia integrates A.S.K.Open in a New Window

A new integration will enable Qualia users to access A.S.K. Services, Inc.’s residential and commercial title search and examination services.


Read on for details.


 

NextAce launches podcastOpen in a New Window

NextAce’s audio podcast is available on its website, focusing on innovations and new technologies in the title, real estate and mortgage industries.


Read on for more details.


 

Report: Blockchain ‘not ideal’ for real estate yetOpen in a New Window

Although Blockchain technology promises to make real estate transfers simpler, safer and more accurate, the technology might not be ideal for real estate transactions, according to a groundbreaking pilot study by the Cook County, Ill., Recorder of Deeds (CCRD).

Known for its adoption of technology, CCRD concluded that Blockchain can be implemented individually or selectively to improve recordkeeping.

Participants in the study designed a Blockchain real estate conveyance workflow to monitor its effects.


 

IBERIABANK gains approvals for Sabadell acquisitionOpen in a New Window

State and federal regulators have signed off on IBERIABANK Corp.’s pending acquisition of Sabadell United Bank, a Miami-based financial institution with 26 branches throughout Florida.

IBERIABANK expects branch and operating system conversions to be completed in October. The financial holding company’s assets include 24 title companies in Arkansas and Louisiana.

Read on for more details.


 

Alliant National, SoftPro announce integrationOpen in a New Window

According to Alliant National Title Insurance Co., its integration with SoftPro makes it the only underwriter able to offer system users the ability to generate a policy jacket with a signature likeness already imprinted on the policy jacket.


Alliant said the integration will speed up the process by eliminating errors that can occur with dual data entry.


Read on for more details.


 

Simplifile expands networkOpen in a New Window

Simplifile has added nearly 30 county recording offices to its eRecording network, the company announced.

Read on for more details.


 

Fidelity National integrates LendingQBOpen in a New Window

A new integration will enable lenders to order Fidelity National Title products within LendingQB.


Read on for more details.

 


 

A.S.K. Services hires account executiveOpen in a New Window

A.S.K. Services has hired an industry veteran to serve as one of its account executives in Ohio.


Read on for more details.


 

Adeptive names second-in-chargeOpen in a New Window

The technology company best known in the title industry for its ResWare software has hired a former Boeing employee, who was part of teams that built and designed space crafts for NASA, including Endeavor.


The hiring of a senior vice president of operations was one of numerous additions announced by company.


Read on to learn about the new members of Adeptive’s team.

 


 

Howard Hanna acquires mortgage companyOpen in a New Window

The country’s third-largest real estate company has added a New York mortgage company to its portfolio.


Recently involved in a merger, the newly acquired company expects to originate more than $2 billion in loan volume over the next 12 months.


Read on for details on who will lead the acquired company.

 


 

Washington Trust nabs title executiveOpen in a New Window

Washington Trust Bancorp. has recruited a high-level title company executive who helped navigate the largest commercial bank initial public offering in U.S. history.

The newest member of the bank’s team will serve as an executive officer of both the corporation and the bank and will oversee the corporation’s balance sheet management strategies, interest rate risk management, liquidity and corporate budgeting.

Read on for more details.


 

Two document recording firms mergeOpen in a New Window

Two industry leaders in document recording solutions have formed a one-stop source for managing, recording and delivering documents for the mortgage industry.


Read on for more details.

 


 

Freddie Mac approves eClose360Open in a New Window

Freddie Mac has tested and approved NotaryCam’s eClose360 online notary platform for eMortgage originations.


Read on for more details.

 


 

New Jersey title company expandsOpen in a New Window

A New Jersey title company that is licensed in five states has expanded its footprint in the Garden State with the opening of a new office.


The new office will be overseen by two industry veterans who both previously ran their own title companies.


Read on for details about the new office and the two people selected to manage it.

 

Powerhouse lineup takes to NS3 stage this weekOpen in a New Window

With the most distinguished group of speakers set to take the stage over three days, the 13th annual National Settlement Services Summit (NS3) makes its first appearance in the great state of Texas this week.

Read on for details about the program that is At The Center of the real estate transaction today.


 

Old Republic recruits Kemper executiveOpen in a New Window

Old Republic has hired a former CFO from Kemper as its next deputy chief financial officer.

The newest member of the Old Republic team also has worked as a vice president and an ... assistant corporate controller at Unitrin. Chairman Al Zucaro said the new hire will add bench strength to the company’s accounting and finance teams.

Read on for more details.


 

NFIB: Tax reform needed this yearOpen in a New Window

Since last year’s presidential election, polls indicate that small-business owners have grown more optimistic about the economy.

The National Federation of Independent Business said that optimism will suffer if comprehensive tax reform is not passed this year. The organization recently sent Congress a letter urging action.

Read on for more details.


 

GRS hires director of business developmentOpen in a New Window

GRS Title Services, LLC has hired a director, business development.


Read on for details about the new addition to the team.


 

Indecomm integrates tax verification serviceOpen in a New Window

A new integration enables users of Indecomm Global Services’ IncomeGenius to access digital tax returns.


Read on for more details of the integration.


 

Castle & Cooke opens in MissouriOpen in a New Window

Independent mortgage lender Castle & Cooke has opened its first branch in Missouri and selected an industry veteran to oversee it, the company announced.


Read on for more details.


 

Beige Book: Home sales continue to growOpen in a New Window

The Federal Reserve’s latest survey of economic conditions throughout the nation found growing housing markets in most areas.

However, in many districts low home inventories remain a concern. In urban areas in California, for example, the lack of available homes is translating into home bids that are significantly higher than asking prices.

Read on for district-by-district highlights. 


 

Stewart launches Florida commercial-services hubOpen in a New Window

Stewart Title has opened an office in Florida that will serve as the company’s commercial-services headquarters for Orlando, Jacksonville, Miami and Fort Lauderdale.


The Tampa-based team is equipped to handle issues specific to Florida commercial transactions, ranging from wetlands issues to easements and boundary problems to subdivision and development concerns.


Read on for more details.

 


 

FFIEC updates cybersecurity assessment toolOpen in a New Window

Weeks after the WannaCry malware attack that crippled more than 300,000 computer systems worldwide, the Federal Financial Institutions Examination Council has updated its Cybersecurity Assessment Tool.


The agency’s tool helps financial institutions determine their risk profile, inherent risks and cybersecurity preparedness by providing a process by which they can measure their preparedness.


Read on for more details about the update.


 

First-quarter loan originations plummetOpen in a New Window

A new report said rising interest rates put the brakes on refinances and made it more difficult to qualify for loans during the first quarter, dropping loan originations sharply.

Read on for more details.


 

ProsperitasForward promotes executiveOpen in a New Window

ProsperitasForward has selected one of its own to oversee title and escrow operations and best practice compliance assessment and remediation.


Read on for more details.


 

Artesian Title adopts ZOCCAM’s appOpen in a New Window

Artesian Title is using ZOCCAM’s mobile application to securely transmit documents and send cash to lenders.


Read on for more details.


 

New York title startup launchesOpen in a New Window

Two former executives of the wealth management company Betterment have raised nearly $5 million to start a title company that promises to speed the mortgage-closing process through technology.


The new company is operational in 11 states and hopes to be nationwide by the end of the year.


Read on for details on who is leading the new company and who is funding it.

 

Stewart makes senior leadership changeOpen in a New Window

Stewart Information Services Corp. selected a 25-year company veteran to replace Bruce Hawley, who retired earlier this month.


The new executive vice president and director of commercial services has handled regional, national and international clients who have closed deals in excess of $20 billion in all asset classes.


Read on for details of who will replace Hawley.

 

Small-business owners like their prospectsOpen in a New Window

According to the American Express OPEN Small Business Monitor, small-business owners feel better about the economy than they did one year ago, and more plan to hire either full or part-time employees to help grow their businesses.

 Slightly more small-business owners are paying themselves a salary, and more are using social media to attract new customers.

Read on for more details.


 

GainClients launches new serviceOpen in a New Window

GainClients has introduced a new lead-generating service designed to keep industry professionals connected with existing and prior clients.


Read on for more details.

 

March home prices peak in many areasOpen in a New Window

According to Black Knight Financial Services’ Home Price Index, average home prices peaked in 15 metropolitan areas during March.

Read on for more details.

 


 

Title Alliance adds board memberOpen in a New Window

Title Alliance’s newest board member is an influential Philadelphia real estate attorney who has been involved in several large development projects.


Read on for more details.

 

CFPB to supervise service providers, will ‘level the playing field’Open in a New Window

The Consumer Financial Protection Bureau recently quietly announced its plan to expand its direct supervision to service providers, which Director Richard Cordray considers a weak link when it comes to some compliance issues.

An attorney who specializes in industry-compliance issues told The Title Report that the increased scrutiny will benefit service providers that have invested in compliance systems and training.

Read on for more details.

 

Stewart acquires business partnerOpen in a New Window

Stewart Title has acquired a Utah title agency with offices in in Salt Lake City, Midvale, Orem and Spanish Fork.


The two companies have partnered since 1987 when the company joined Stewart’s network. The acquisition will enable Stewart to expand its direct operations in Utah and will provide new products and services for the title agency’s customers.


Read on for more details about the acquisition.

 

RamQuest executive assumes Old Republic roleOpen in a New Window

When searching for a senior executive to help implement its divisional growth strategies and business development processes, Old Republic didn’t have to look far.

It has selected a familiar industry name from a company it owns, someone who began his career in the title industry 25 years ago.


Read on for details of who Old Republic selected.

 

Fed plan could boost rates higherOpen in a New Window

In minutes from its last meeting, released this week, the Federal Reserve signaled the members of its Federal Open Market Committee were open to the idea of unwinding some of the $4.5 trillion in bonds that are on the Fed’s balance sheet, as a result of Treasury purchases after the Great Recession.

That move, coupled with an expected federal-funds rate increase in June, could push interest rates higher, faster, than expected. How could that affect the housing market? Fannie Mae Deputy Chief Economist Mark Palim will speak to that at the National Settlement Services Summit in San Antonio.

 

 

LendingQB integrates SimpleNexusOpen in a New Window

LendingQB has integrated SimpleNexus’ mobile lending application with its loan origination system.


Read on for more details.

 

 

Westcor names two vice presidentsOpen in a New Window

Westcor Land Title Insurance Co. has named a senior vice president to oversee its Southeast and Midwest operations and vice president to launch its Florida commercial operations.


Read on for more details.

 

 

Alliant National names digital strategistOpen in a New Window

Alliant National Title Insurance Co. has hired a digital strategist to help its independent agents market themselves.

Read on for more details.


 

Fidelity announces acquisitionOpen in a New Window

Fidelity National Financial (FNF) Chairman Bill Foley told analysts during an early May conference call that the company would continue to grow through strategic mergers and acquisitions.

That didn’t take long.

FNF announced late Monday that it would acquire one of the nation’s top real estate and property auction providers. Read on for details of the acquisition and reaction from Foley.

 

Voters favor restructuring CFPBOpen in a New Window

A recent poll that found voters believe the Consumer Financial Protection Bureau (CFPB) should be run by a bipartisan committee instead of a single director will likely provide more ammunition to the agency’s critics.

The CFPB has been under attack by Republicans who believe the agency’s structure is flawed and that Director Richard Corday should be fired.

Read on for more information.

 

Industry veteran launches title companyOpen in a New Window

An industry veteran has founded a female-owned title company that is based in Allentown, Pa., and will provide title settlement services for buyers, sellers, builders and developers across eastern Pennsylvania.


The company’s founder also started an abstract company in 1996 and has served as chief operating officer at Coldwell Banker.


Read on for more details about the launch of the new company.

 

 

CATIC hires vice presidentOpen in a New Window

CATIC has hired a former Stewart regional and senior counsel to manage the company’s Massachusetts underwriting department and service its agents throughout that state.


The company’s CEO said the new vice president’s experience in commercial and residential underwriting gained during nearly two decades in the title industry will benefit CATIC.


Read on for more details.

 

Qualia, FasTrax partnerOpen in a New Window

A new integration enables Qualia users to order release tracking directly from their title production system.


Read on for more details.

 

Coast Title hires contract administratorOpen in a New Window

Coast Title’s new contract administrator said she’s motivated by the smiles from people closing on homes.


Read on for more details.

 

 

NS3 Preview: Experienced lenders set to share insightsOpen in a New Window

Some of the most valued and experienced voices in the industry will be on stage at the National Settlement Services Summit in San Antonio, Texas, June 7-9.

 That is highlighted by a lender executive panel featuring the MBA chairman-elect, the former president of Ginnie Mae, and the CEO of WFG.

Read on for more details of the expert insight to be shared.

 

First American hosts ‘Women in Title’ forumOpen in a New Window

An Ohio-based First American Title Insurance Co. (FATIC) sales representative envisioned a forum featuring some of the top women in the title industry.


A little more than one year later, her dream was realized at FATIC’s Women in Title gathering, a two-day event in California that included women executives from some of the largest title companies in the country. 


Read on for more details.

 

Premier Title selects presidentOpen in a New Window

Premier Title and Escrow has replaced its long-time president, Lynne Kaneshiro, who will remain with the company in an advisory role until 2018.


Premier’s new president is a former vice president at Title Guaranty of Hawaii and also served in the state legislature on the staff of a state senator.


Read on for more details about the transition in leadership.

 

WFG names senior vice presidentOpen in a New Window

WFG National Title Insurance Co. has recruited a former vice president of a national title underwriter with more than 35 years’ experience in the settlement services industry to grow its agent base in Florida.

A company executive said the new hire goes above and beyond what agents expect from an underwriter and already is familiar with his team.

Read on for more details.

 

Black Knight integrates FormFreeOpen in a New Window

Black Knight Financial Services said an integration with FormFree will reduce the loan approval process by days.


Read on for more details.

 

Delinquency rates slowly decliningOpen in a New Window

CoreLogic’s Loan Performance Insights Report found the percentage of mortgages seriously delinquent during February reached its lowest level in nearly a decade.

Read on for more details.

 

Castle & Cooke expands Connecticut footprintOpen in a New Window

Independent mortgage lender Castle & Cooke has opened another branch in Connecticut and named an industry veteran to oversee it.


Read on for more details.

 

Stewart appoints group senior vice presidentOpen in a New Window

Stewart Information Services Corp. has selected the former CEO of Title365 to oversee its business operations and strategy for in its Western region.

A company executive said the new hire’s industry experience and proven track record of discipline and focus in completing real estate transactions make him a good fit for Stewart.

Read on for more details.

 

Pennsylvania title company changes nameOpen in a New Window

Do the words “title” and “insurance” accurately explain what title companies do?


A title company in Philadelphia says no, and has changed its name to more precisely reflect its role in the real estate process.


The company also announced a new technology that enables users to filter property by property type, zoning, size, value and more. Read on for more details.

 

 

First American adds board memberOpen in a New Window

First American Financial Corp. has appointed a former partner and managing director of the global management consulting firm The Boston Consulting Group to its board of directors.

 FAF Chairman Parker S. Kennedy said the new board member’s understanding of the complexities of large businesses and his grasp of customer needs will make him an important contributor.

Read on for more details.

 

NS3 Preview: The value of policies, proceduresOpen in a New Window

Richard Horn, founding attorney at Richard Horn Legal, PLLC, will lead a panel discussion about compliance management system policies and procedures, featuring industry insight from Title Source Chief Operating Officer Brian Hughes and Wells Fargo Home Lending Senior Vice President Brian Webster during the 2017 National Settlement Services Summit (NS3) in San Antonio.

Read on to learn more about the session and the summit.


 

Foreclosure actions decreasingOpen in a New Window

According to ATTOM Data Solutions, foreclosure-related activities in the U.S. in April dropped to their lowest since November 2005.


Read on for more details.

 

North Carolina completes first eClosingOpen in a New Window

In an attempt to give its lenders a competitive edge, North Carolina has taken several steps to modernize the mortgage process.


Read on for more details.

 

Home inventory continues to declineOpen in a New Window

Low interest rates and a shortage of new homes drove down inventory in April, but a valuation officer with Summit Valuations expects the market to adjust.

Read on for more details.

 

OS National opens Las Vegas officeOpen in a New Window

OS National (OSN) expanded its national footprint with the opening of an office in Las Vegas. The company also hired a former Stewart division president to lead its Nevada operations.


 In addition to Las Vegas, OSN has offices in Atlanta, Houston, Dallas/Fort Worth and Phoenix.


Read on to learn who OSN selected to spearhead its charge into Nevada.

 

 

IRS OKs Black Knight distributionOpen in a New Window

Last year, Fidelity National Financial announced plans to relinquish control of Black Knight Financial Services, which it had spun off as an independent company one year earlier.


A part of that plan included distributing billions of dollars of Black Knight shares to FNF shareholders tax-free.


Read on for details on why a recent government ruling is expected to benefit both companies.


 

Altisource expands vendor oversight platformOpen in a New Window

Initially available only to Lenders One members, Altisource Portfolio Solutions’ has made its vendor oversight platform available to the broader mortgage and community bankers market.


The company also announced its collaboration with Security Insight to develop a platform that produces a transaction-based tool with risk data on each transaction prior to a closing.


Read on for more details.


 

DocuSign offers tips after database breachedOpen in a New Window

Although hackers temporarily breached one of DocuSign’s databases, customer names, physical addresses, passwords, Social Security numbers and credit card data were not accessed.


As a service to our readers, we’ve opened the story to everyone. Read on to learn what preventative steps DocuSign is urging customers to take.

 


 

NS3 Preview: A new phase of cybertheft?Open in a New Window

We know technology is constantly evolving and that cybertheft continues to evolve with it, but are we seeing a major shift in the way cyberthieves carry out their business?

Tom Cronkright, owner and CEO of Sun Title, has definitely noticed a shift and will share his insights at a session at the upcoming National Settlement Services Summit.

Read on for more details.


 

ePN adds 12 jurisdictionsOpen in a New Window

eRecording Partners Network has grown its eRecording network, with additions in Connecticut, Georgia, Louisiana, Minnesota, Missouri, New York, North Carolina, Ohio, Oregon and Wisconsin.

Read on for more details.


 

DocMagic, BeSmartee integrateOpen in a New Window

A new integration between DocMagic and BeSmartee will reduce the time from initiating a loan application to receiving disclosures.


Read on for more details.

 

 

Alterra adds senior vice presidentOpen in a New Window

The new hire will be responsible for recruiting mortgage professionals and leading the company’s expansion efforts.


Read on for more details.


 

Georgia, Texas title companies mergeOpen in a New Window

A Georgia and a Texas title company have combined to create a privately owned, national title company licensed to conduct business in 48 states.


The combined operation will be called Elevated Title, has 50 employees and will be headquartered in Georgia.


Read on for details of who will assume which leadership roles in the new entity, along with reaction from company leaders.


 

Title Resource Group posts revenues gainOpen in a New Window

Title Resource Group’s revenues increased during the first quarter, despite a sharp decline in refinances.

 The chairman of TRG’s parent company said low home inventories are slowing home sales in some areas because homeowners are reluctant to sell because they might have trouble finding their next home.

Still, TRG recorded an increase in overall first-quarter transactions from a year ago. Read on to find out how big the increase was and for other details of the company’s first-quarter performance


 

Fidelity adds board memberOpen in a New Window

Fidelity National Financial (FNF) increased the size of its board to 13.

Then, it filled that additional seat with a well-respected Wall Street veteran who has advised Congress and President Barack Obama.

Read on to learn the background of the newest member of FNF’s board of directors.

 


 

NS3 Preview: Blockchain brings security, efficiency, speedOpen in a New Window

Businesspeople not only want things done quickly, but efficiently and securely.

 

At the 2017 National Settlement Services Summit in San Antonio, Texas, June 7-9, one industry leader will introduce and explain new technology that may revolutionize the real estate industry.

 

Read on for a brief summary of what you’ll hear in San Antonio.


 

Stewart adds sales managerOpen in a New Window

Stewart Information Services Corp. has hired a sales manager for its Houston division who has extensive experience in that market.


Read on for more details.


 

ValuAmerica expands LendingQB integrationOpen in a New Window

LendingQB users now have access to ValuAmerica’s title services.


Read on for more details.

 

Accurate Group adds two vice presidentsOpen in a New Window

Accurate Group has switched the role of one executive and hired an industry veteran to booster its sales team.


Read on for more details.

 


 

Fidelity chairman outlines game planOpen in a New Window

How will Fidelity National Financial continue the momentum that produced the company’s most profitable year, followed by its best first quarter since 2013?


Chairman William Foley detailed the company’s game plan, which includes strategic acquisitions and levering the company’s real estate and software holdings.


Read on for more details on what kind of companies Fidelity is looking into as potential acquisition targets.

 

The Collingwood Group soldOpen in a New Window

The Washington, D.C.-based financial advisory firm started by a former head of Ginnie Mae and a former Federal Housing Authority commissioner was purchased by a global business and technology solutions provider.


The company that acquired Collingwood said the purchase adds regulatory policy experience and insight across the residential housing and multifamily finance industry.


Read on for more details.

 

NS3 Preview: GSE reform as told by former regulatorOpen in a New Window

Having worked in the mortgage industry as a government regulator and an executive in the private sector, WL Ross & Co. LLC Vice Chairman James Lockhart will bring to the stage a viewpoint that is about as well-rounded as one could hope for during his keynote address at the National Settlement Services Summit in San Antonio.


 

First-quarter home sellers rewardedOpen in a New Window

Homeowners who sold during the first quarter of 2017 realized the highest average price gains in nearly 10 years.

Read on for more details.


 

Housing-market optimism grew in AprilOpen in a New Window

Americans grew more optimistic about the housing market in April, according to an index by Fannie Mae.


Read on for more insights from the index.


 

Pockets of underwater homes persistOpen in a New Window

Across the country, there are fewer underwater homes than one year ago. However, the problem is getting worse in some cities.

Read on for more details


 

Fidelity posts best first quarter since 2013Open in a New Window

Fidelity National Financial, Inc.’s (FNF) title operations had it best first quarter in five years, producing its largest first-quarter revenue in the company’s history.

Going forward, Chairman William Foley said he expects a seasonal acceleration in title premiums to help the company maintain its momentum.

Read on for details of FNF’s first-quarter performance.

 

Closing times shortest since 2015Open in a New Window

According to Ellie Mae’s latest Origination Insight Report, the length of the mortgage lending process during March declined to its shortest duration since early 2015.

Ellie Mae President and CEO Jonathan Corr told The Title Report that technology plus a stronger purchase market should continue to drive down time to close.

Read on for the details of the report.


 

ReQuire expands its portfolioOpen in a New Window

In the past year, ReQuire Holdings has added four companies to its portfolio.


Its latest acquisition is a Pittsburgh-based valuation risk management company. The CEO of the acquired company said the purchase is a good fit because the companies are complementary and have few redundancies.


Read on for more details.

 

RedVision hires vice presidentOpen in a New Window

RedVision has hired a former Westcor executive to manage its national and regional operations.

Read on for more details.


 

ATTOM expands Auction.com partnershipOpen in a New Window

ATTOM Data Solutions’ Home Disclosure Reports on nearly 120 million properties now are available to Auction.com users.

Read on for more details.

 


 

AmTrust adds title readerOpen in a New Window

AmTrust Title Insurance Co. has hired a title reader who has worked at agencies in New York, Illinois and California.

Read on for more details.

 


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