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Opinion: How the title industry protects homeowners

Housing Wire

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies. At the federal level, ALTA has endorsed Sen.

Insurance 446
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Fannie Mae rumored to be looking at forgoing title insurance

Housing Wire

The title insurance industry is often bemoaned for being antiquated and making minimal changes, but that has not been the case for the past 12 months. The program would grant certain mortgage lenders a waiver on title insurance requirements for loans sold to Fannie Mae and will be rolled out this spring, according to Politico. “The

Insurance 395
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ALTA: Protecting property rights with title insurance

Housing Wire

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Title insurance is different than most other insurance products. Diane Tomb, ALTA CEO Contributor.

Insurance 468
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Mortgage and title firms grapple with recent rise in cyberattacks

Housing Wire

The company has yet to disclose exactly how many customers were impacted by the breach, but it has announced that data was stolen. “There has absolutely been an increase in cyber security incidents,” said Alex Hamlin, the chief information security officer at Qualia , a digital real estate closing platform. “I

Mortgage 388
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How Reverse for Purchase can help baby boomer borrowers

Housing Wire

These homeowners are seeking different retirement solutions to help allocate their home equity and make it more durable over the next 20 to 30 years. Many of these homeowners have a desire to move closer to family or to a more suitable home for their lifestyle in retirement. According to data from Statista , there were roughly 5.95

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HW+ Member Spotlight: Max Simkoff

Housing Wire

HousingWire: What has been your biggest learning opportunity? The title insurance business is complex, but leveraging technology to bring the process of closing a mortgage into this century seemed to be an easy decision. I remember very distinctly the confusion of how time-consuming and opaque the entire closing experience was.

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Vishal Garg unveils Better’s new strategy as a publicly traded company 

Housing Wire

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. “Our ” And what is Better.com best at? We aim for a similar mix.”

Realtors 351