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Posted Date: Tuesday, May 14, 2024
Cybersecurity tactics and increased sophistication of online scams were detailed by experts during the first annual Williston Financial Group Executive Summit.
Bruce Phillips, MyHome chief information security officer, was among those who shared their experiences, encouraging companies not to make scammers’ jobs easier and showing how fraudsters latch on to individuals’ usernames.
Read on to find out more information.
Industry News
Posted Date: Tuesday, May 14, 2024
North Carolina-based Investors Title Co. posted year-over-year hikes in both revenue and income in its first quarter earnings report.
Revenues increased 4.1 percent to $53.5 million, compared with $51.3 million in the first quarter of 2023, primarily due to increases in premiums written and higher net investment gains.
Read on to find out more information.
Industry News
Posted Date: Tuesday, May 14, 2024
Elliot Eisenberg, Ph.D., chief economist at GraphsandLaughs, LLC, will share his passion and knowledge of the housing market and economy as a featured speaker at the National Settlement Services Summit (NS3) in Naples, Fla.
Among the topics he plans to cover is the question he hears a lot: when will the Fed cut interest rates?
Industry News
Posted Date: Tuesday, May 14, 2024
A new report from Reuters showed a majority of economists expect two cuts to the U.S. Federal Reserve’s key interest rate, with the first coming this fall.
Those results were collected during a May 7-13 poll and represent a significant leap in the number of economists forecasting a rate cut this year. In April, approximately half of respondents held that view.
Read on to find out more.
Industry News
Posted Date: Monday, May 13, 2024
The FNF Family of Companies is putting forth a new tool to help title agents detect seller impersonation fraud before final transactions takes place.
Fidelity National Financial leaders said title agents can quickly verify property information when they open a new order, including the owner’s name and mailing address, occupancy, assessed value and estimated mortgage balance.
Read on to learn more.
Industry News
Posted Date: Monday, May 13, 2024
Doma Holdings, Inc. experienced a 20-percent-plus quarterly revenue drop in the first quarter, according to the company’s recent earnings report.
In April, the company announced it had entered into an agreement and plan to merge with Title Resources Group (TRG), subject to stockholder and regulatory approvals. The deal is expected to be finalized this year.
Read on to find out more information.
Industry News
Posted Date: Monday, May 13, 2024
A new title insurance technology platform from Voxtur Analytics Corp. offers access to competitive pricing for title and settlement services.
Company leaders said the platform aims to “offer users the best solution for their given situation, whether that is traditional title insurance or the Voxtur attorney opinion letter title alternative.”
Read on to find out more.
Industry News
Posted Date: Thursday, May 9, 2024
Fidelity National Financial, Inc. reported strong earnings results for the first quarter, including year-over-year revenue increases for its title segment.
Total title segment revenue in the first quarter came in at $1.66 billion, a 7 percent year-over-year increase from $1.55 billion. Adjusted pre-tax title margin was 10.7 percent compared to 10 percent in the first quarter of 2023.
Read on to find out more information.
Industry News
Posted Date: Thursday, May 9, 2024
A recent study conducted by Washington, D.C.-based ndp | analytics attempted to quantify the research and curative work done by title insurance professionals during a property transaction.
Data showed that 36 percent of all transactions require extensive, non-routine title clearance efforts. It also found that 1 out of 3 transactions include difficult files, which require substantial curative work.
Read on to find out more.
Industry News
Posted Date: Thursday, May 9, 2024
Texas-based TitleLogix Solutions has launched its National Tax Certification Services, which makes use of a multi-dimensional web-based platform that was developed internally.
TitleLogix can now produce and deliver a tax certificate for any property in the county.The property tax service application supports the automated ordering and manufacturing of ad valorem tax and HOA certificates and related products.
Read on to find out more information.
Industry News
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