Old Republic Title, CertifID partner to combat mortgage payoff fraudFriday, April 19, 2024 CertifID will provide an exclusive package for Old Republic Title offering unlimited payoff verifications for title agents, the companies announced.
Mortgage payoffs have become the largest source of loss for title and real estate law firms due to their large transaction size at roughly $247,000 in median loss.
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CATIC releases annual inclusion reportFriday, April 19, 2024 The CATIC Family of Companies has published its annual inclusion report, highlighting company diversity, equity and inclusion initiatives as well as progress in regard to company demographics.
In 2020, the company implemented “The Initiative,” which continues to be primarily focused on increasing access to homeownership for underrepresented groups, particularly Black, indigenous and people of color.
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Beige Book: Fed economic activity shows moderate expansionFriday, April 19, 2024 Latest reporting from the U.S. Federal Reserve’s Beige Book shows moderate economic activity expansion as well as “cautious optimism” among respondents.
Ten out of 12 districts experienced either slight or modest economic growth — up from eight in the previous report ¬– while the other two reported no changes in activity.
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Floify integrates with TruvFriday, April 19, 2024 A direct integration between Floify and Truv will allow lenders to support an enhanced borrower application/verification experience at a lower cost-point per loan, the companies announced.
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Fathom Realty appoints regional directorFriday, April 19, 2024 Fathom Realty has promoted to fill the position of regional director for the eastern third of the U.S., tapping a former state broker and district director.
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Standard Title & Escrow expands in ArizonaWednesday, April 17, 2024 Arizona-based Standard Title & Escrow is adding a new office to its expanding footprint, with leaders citing increased demand for services across the state.
The new Phoenix office will offer a range of services, including real estate title insurance, escrow and closing services, and guidance to help clients navigate the complexities of real estate transactions.
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NS3 preview: AI implementation, regulatory hurdles part of ‘AI 360’ session Wednesday, April 17, 2024 The 2024 National Settlement Services Summit (NS3) will welcome Jonathan Holfinger, CEO, Northwest Title and Northwest Law; Jennifer Mason, CEO, TitleWise Technologies, Inc.; and Tori Shinohara, partner, Mayer Brown, for a session titled “AI 360.”
Attendees will learn how artificial intelligence is being applied today, regulations around its use and how to overcome roadblocks.
Read on to learn more.
NFIB: Small-business optimism reaches lowest level since 2012Wednesday, April 17, 2024 The latest data from the National Federation of Independent Business shows small-business optimism at its lowest level in more than 10 years.
March was the 27th consecutive month the group’s Small Business Optimism Index was below the 50-year average of 98. The net share of owners raising average selling prices rose 7 points from February to a net 28 percent seasonally adjusted.
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Sendera Title of Texas launches new websiteWednesday, April 17, 2024 Sendera Title of Texas has unveiled a new website, which it says improves navigation as well as access to resources and service offerings.
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PropertyTek appoints COOWednesday, April 17, 2024 Property management firm PropertyTek has tapped a long-time title insurance tech leader as its new chief operating officer.
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Zillow: Home values rise fastest in costliest metrosWednesday, April 17, 2024 Competition is stiff for attractive home listings, as houses sold in just 13 days in March, on average. Seasonal home value growth is fastest in the most expensive major metros, according to Zillow.
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