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Title insurance industry premiums spike $7B year over year

Housing Wire

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

Insurance 307
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Opinion: The title industry supports innovation while prioritizing protection

Housing Wire

Some vendors push alternative title insurance products that are marketed as cheaper options. The updates allow the use of unregulated title insurance alternatives in lieu of title insurance policies in limited circumstances. They claim to offer the same or a similar level of protection as title insurance.

Insurance 410
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Interfirst Mortgage raises $175 million

Housing Wire

has raised $175 million to accelerate growth and fund new technologies , just 16 months after relaunching its operations. Last year, Interfirst relaunched its services with a new proprietary loan origination technology platform. The holding company will invest in finance, insurance, and real estate businesses.

Mortgage 288
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Another lender settles redlining accusations with DOJ

Housing Wire

Effective natural language processing technologies extract deeper meaning from unstructured data to make a difference in the lives of countless would-be homebuyers who are credit invisible or have not had the ability to obtain access to affordable housing finance. Lakeland Bank admitted no wrongdoing as part of a consent decree.

Law 378
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Remote online notarization is the proper path forward for digital closings

Housing Wire

The strong standards in the bill are important to prevent fraud and offer consumers a more secure alternative rather than simply using free online audio-audio technology when buying property or refinancing a mortgage. Advances in technology have the potential to improve the consumer experience.

Law 432
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The Modern Health System: Where Technology and HIPAA Compliance Collide

GoForrmz

Healthcare advances mean an increased need for HIPAA compliance in technology Technology has brought amazing benefits to our lives, but it’s also brought new challenges. In the healthcare industry, technology has improved patient communications, enhanced testing processes, and streamlined record-keeping for better patient care.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. Redfin offers agents a combination of compensation, opportunity, culture, and world-class technology and support that is unmatched in the industry.”. Well-compensated employees (with health care).

Business 364