Housing Wire

AUGUST 17, 2022

Title and closing software provider SoftPro has released a new integration with Pennsylvania-based Conestoga Title Insurance Company , the firms said Wednesday. Through the integration, Conestoga agents who are customers of SoftPro can now issue CPLs, as well as commitment and policy jackets within their title insurance software.

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Insurance Agents Business Real Estate 380

Housing Wire

JULY 25, 2023

In late June, Susan Gregory received an estimate for a new homeowner’s insurance policy on her 120-year-old St. Augustine, Florida property, after her previous insurer, United Property and Casualty, went insolvent earlier in the year. This is one of the easiest parts of Florida to insure and costs have gone up over 40%.”

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Insurance Housing Market Marketing Agents 366

Housing Wire

DECEMBER 9, 2021

year-over-year increase in title insurance premium volume during the third quarter of 2021 according to ALTA’s Market Share Analysis , published on Thursday. During Q3 2021, the title insurance industry generated $6.8 billion in title insurance premium, marking the industry’s best quarter on record. Presented by: ServiceLink.

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Insurance Real Estate Technology Tools 432

Housing Wire

SEPTEMBER 19, 2022

Mortgage tech startup Staircase says it has launched a tool that enables mortgage insurers to automate the underwriting of non-delegated mortgage insurance (MI) policies for lenders at about half of the typical cost. In the delegated channel, the lender underwrites the loan for mortgage insurance and submits it to the mortgage insurer.

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Insurance Tools Mortgage Valuation 370

Housing Wire

JULY 1, 2021

Arch Mortgage Insurance. The post Presenting HousingWire’s 2021 Marketing Leaders appeared first on HousingWire. President, Digital Strategy & Innovation. Fairway Independent Mortgage Corporation. Jim Anderson. Chief Marketing Officer. Finance of America Mortgage. Chief Marketing Officer. Jim McDonald. Chief Marketing Officer.

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Marketing Advertising Real Estate Technology 387

Housing Wire

DECEMBER 22, 2020

Mortgage title insurance premiums surged by 17.6% billion in title insurance premiums seen in the second quarter this year. But with home sales and mortgage origination volumes rising, it comes as no surprise that mortgage title insurance is also seeing an uptick. Presented by: ServiceLink. in total volume: Fidelity : 33.4%

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Insurance Marketing Mortgage 441

Housing Wire

FEBRUARY 27, 2024

For some, their present lives are troubled, often through no fault of their own. The practice of redlining , initiated in the 1930s, where banks and insurers refused services to entire neighborhoods based on racial composition, further entrenched these disparities. Like the cities they inhabit, many have had a troubled past.

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Real Estate Investors Business Lending 427

Housing Wire

MAY 9, 2022

The American Land Title Association saw a nearly 36% year-over-year increase in title insurance premium volume in 2021 for a staggering $7 billion spike, according to the trade group’s Market Share Analysis , published Friday. The title insurance industry generated $26.2 The title insurance industry generated $26.2 with 8.9%.

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Insurance Home Value Inventory Real Estate 346

Housing Wire

JULY 19, 2021

Margaret Redman has been named director of national commercial services and senior regional underwriting counsel for North American Title Insurance Co. Presented by: FADT. The post North American Title Insurance announces flurry of moves appeared first on HousingWire. but projects to be at 5% by 2023. Doma saw revenues of $179.8

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Insurance Real Estate Investing Agents 370

Housing Wire

JUNE 21, 2022

billion in title insurance premium volume during the first quarter of 2022, compared to $5.68 The title insurance industry had a record year in 2021 , generating $26.2 Presented by: Stewart Title. Top underwriters by market share for the quarter included First American Title insurance Co., WFG National Title Insurance Co.

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Insurance Home Value Contracts Marketing 303

Housing Wire

MARCH 15, 2021

The title insurance and settlement services provider was originally bought b y Solutionstar Holdings , an indirect wholly-owned subsidiary of Nationstar Mortgage Holdings (Mr. Presented by: Altisource. The post Blend breaks into title insurance with latest acquisition appeared first on HousingWire.

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Insurance Lending Real Estate Agent Valuation 394

Housing Wire

APRIL 2, 2021

White label title insurance franchise Proliant Settlement Systems announced Friday the acquisition of Great Northern Title Insurance Agency (GNTIA) in Michigan as a franchisee. ” This was appealing to GNTIA owner Neville Nofar, who also counts Great Northern Tax and Great Northern Insurance Agency as part of his portfolio.

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Insurance Agents Training Valuation 279

Housing Wire

FEBRUARY 2, 2021

reported positive revenue for 2020, in large part because its title insurance arm made up for a decrease in general earned premiums. This growth stemmed from greater profitability in the general and title insurance segments. This comes as no surprise as mortgage title insurance premiums surged by 17.6% Presented by: ServiceLink.

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Insurance Investing Real Estate Business 211

Housing Wire

DECEMBER 5, 2022

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. Presented by: SoftPro. That’s according to PropLogix ’s fifth annual “State of the Title Industry” report.

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Insurance Bracketing HOA Law 383

Housing Wire

MARCH 13, 2024

The cost of homeowners insurance policies has skyrocketed in the past two years as U.S. insurers have grappled with exponential growth in natural disaster claims. Presently, a staggering 40.4% According to the U.S. Census Bureau , weather-related disasters displaced 2.5 million Americans in 2023. homes, valued at $19.7

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Tools Insurance Home Value Technology 435

Housing Wire

MAY 3, 2024

RealReports is a real estate platform that gathers property data — including permits, climate risk, rental rates, flood insurance costs, internet providers and speeds, crime statistics, solar potential, liens, zoning details, remodel potential and valuation — in one place.

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Real Estate Agent Real Estate Clients Agents 386

Housing Wire

JANUARY 9, 2024

Among the numerous issues that retirement preparation can present to those near the end of their careers, long-term care (LTC) provides an increasingly common discussion point. One potential product that could assist in paying for LTC and its insurance could be a reverse mortgage, according to personal finance publication Kiplinger.

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Mortgage Insurance Finance Clients 511

Housing Wire

JULY 13, 2022

American Digital Title Insurance Co. , a Denver-based insurtech title insurance provider controlled by insurance giant Munich Re , has been authorized to underwrite title insurance in California, the second largest title insurance market in the country. Holding Corp. which is owned by Germany-based Munich Re.

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Business Insurance Real Estate Legal 388

Housing Wire

APRIL 29, 2024

. “Customers of Republic Bank should continue to use their existing branches until they receive notice from Fulton Bank that it has completed system changes that will allow its branch offices to process their accounts as well,” the Federal Deposit Insurance Corp. FDIC), the appointed receiver, explained in a statement.

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Loan Officers Insurance Mortgage Lending 364

Housing Wire

JUNE 30, 2023

The goal of the increase is to “enable a greater number of transactions to use standard underwriting processes when submitted for FHA Multifamily insurance,” the agency said. Anything we can do to prudently alleviate extra steps in obtaining FHA insurance will help all of us meet the housing supply challenges before us.”

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Insurance Development Design Finance 383

Housing Wire

DECEMBER 1, 2022

Real-time data from Polly’s cloud-native Product and Pricing Engine (PPE) will feed into Mortgage Coach Total Cost Analysis (TCA) presentations through this integration, providing home loan comparisons for borrowers. Sales Boomerang and Mortgage Coach laid off at least 20 employees last month amid significant mortgage market challenges.

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Mortgage Technology Investing Design 404

Housing Wire

APRIL 29, 2024

The alert also contains information about scammers who may present themselves as a professional that is either part of the reverse mortgage industry or someone who is seeking to commit financial fraud under the guise of obtaining a reverse mortgage.

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Mortgage Property Taxes Design Insurance 413

Housing Wire

NOVEMBER 1, 2022

Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options. The new API integration will feed real-time data from Polly’s cloud-based PPE into Mortgage Coach’s total cost analysis (TCA) presentation.

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Mortgage Project Management Insurance Loan Officers 417

Housing Wire

FEBRUARY 9, 2022

The second largest of the “Big Four” title insurers announced Wednesday that Kenneth DeGiorgio, who has served as the company’s president since May 2021, has been appointed chief executive officer, while current CEO Dennis Gilmore, who has held the position since 2010, transitions to chairman of the board of directors.

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Insurance Business Investing Real Estate 359

Housing Wire

FEBRUARY 2, 2022

“We feel very good about where Old Republic International sits with our two key businesses, General Insurance and Title Insurance, and we look forward to another productive good year in 2022,” Smiddy said during the earnings call. Overall, in 2021, title insurance generated $4.4043 billion in revenue up 34% from a year prior.

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Insurance Agents Investing Mortgage 358

Housing Wire

JUNE 13, 2023

The process of exiting the space, which is expected to be largely complete by year-end, is a “strategic action” to enhance Comerica’s core business focus, according to a bank’s presentation during a Morgan Stanley conference on Tuesday. Inside Mortgage Finance (IMF) first reported on the topic.

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Lending Finance Insurance Investors 339

Housing Wire

JANUARY 17, 2024

For real estate professionals, this option presents an opportunity to capture more sales. But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance.

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Finance Real Estate Agent Real Estate Insurance 455

Housing Wire

FEBRUARY 11, 2021

“Big Four” title insurer First American Financial Corp. Also announced by the title insurer was a total of $1.1 segment pretax margin of title insurance and services. Presented by: Excelerate Capital. The sales were made with Safeco Insurance , a Liberty Mutual company, and Heritage Insurance Holdings.

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Insurance Retail Business Mortgage 460

Housing Wire

MARCH 7, 2022

Illinois-based title insurance underwriter Attorneys’ Title Guaranty Fund (ATG) has entered into an agreement to merge with mortgage lender Guaranteed Rate. Stan envisioned the creation of this ‘guaranty fund’ to give lawyers the ability to issue title opinions backed by an insurance underwriter,” Birnbaum wrote.

Insurance 356

Insurance Retail Real Estate Clients 356

Housing Wire

NOVEMBER 3, 2023

Not available anywhere else in the industry today, consumers can gather inspiration on social media networks like Pinterest, upload photos of their dream home and homegeniusIQ, homegenius Real Estate’s proprietary technology, will instantly analyze the photos and present homes with similar features.

Real Estate Agent 383

Real Estate Agent Real Estate Insurance Valuation 383

Housing Wire

JANUARY 15, 2021

Porch, led by CEO Matt Ehrlichman, acquired home insurance company Homeowners of America , mover marketing and data firm V12 , home inspection company Palm-Tech and roofing contractor software company iRoofing. The big acquisition is for Homeowners of America, an insurance company that operates in six states and is licensed in 31 more.

Insurance 381

Insurance Logistics Technology Inspection 381

Housing Wire

OCTOBER 4, 2022

Even with a sharp rise in interest rates toward the end of the second quarter, the title insurance industry still recorded a relatively strong fiscal quarter, according to the American Land Title Association’s Market Share Analysis. billion in title insurance premium volume, only slightly down from the $6.54 And with 28.6%

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Marketing Insurance Real Estate Housing Market 414

Housing Wire

MARCH 1, 2023

And yes, this certainly has had an impact on insurance companies from coast to coast, as we’ve seen insurers retreat en masse from states such as California , Florida , and Texas , which have all seen record losses in recent years from wildfires, earthquakes, hurricanes, severe winter storms, sinkholes, and more.

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Insurance Supply Chain Design Government 376

Housing Wire

AUGUST 6, 2021

The company, one of the “Big Four” title insurers, agreed to pay a $1.185 million penalty after California state regulators alleged that a marketing representative provided agents illegal perks such as video marketing and drone footage of listings with placement on social media sites, and bus caravans to promote listings.

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Agents Real Estate Agent Insurance Real Estate 432

Housing Wire

OCTOBER 27, 2020

Late last week, the Louisiana Department of Insurance issued an advisory letter on Louisiana Act No 310 , which mandates that title insurance companies have a physical location in the state in order to operate there, beginning on Jan. Presented by: Snapdocs. Find out what those are here.

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Insurance Real Estate Business Technology 432

Housing Wire

JANUARY 11, 2023

The smallest of the Big Four title insurers announced Tuesday that it had acquired the Elite Family of Companies. The combination of our team with the broader Stewart team across the region presents tremendous opportunities for all of us in Central Ohio,” Shannon Corwin, president of Elite Land Title , said in a statement.

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Insurance Investing Marketing Mortgage 388

Housing Wire

SEPTEMBER 13, 2021

Title insurance giant Old Republic International will pay $1 million to settle charges that it entered into “no-poach” agreements to stifle labor competition, the New York Attorney General’s Office said late last week. Presented by: Radian. Old Republic is among the biggest title insurance companies in the U.S.

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Insurance Retail Clients Business 301