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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.

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Nearly half of loans processed in Q1 showed fraud risks: FundingShield

Housing Wire

The lenders that have prepared for the market improvements, including some of our new clients, have tech tools for their risk & compliance, operations, funding & accounting teams to fight back against threats. of transactions having errors, as well as a higher rate of insurance coverage issues, at 2.2% billion in 2023.

Insurance 430
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Crisis management in real estate: 8 tips for handling difficult situations

Housing Wire

Consider the residential client disappointed at the lack of inventory , or the commercial investor with many vacancies in a once-thriving property. Communicate effectively with clients Proactive communication — answering the question before it’s asked, or offering solutions to impending problems — is key. Legal disputes.

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WFG acquires West Coast retail title operations from Doma

Housing Wire

” WFG, a full-service provider of title insurance, underwriting, and escrow services for real estate transactions nationwide, has been actively expanding its services and market reach since its establishment in 2010. Houlihan Lokey is serving as the financial advisor to Doma, while Mayer Brown LLP is acting as legal counsel.

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NAR CEO back on stand for second day of defense testimony in commission lawsuit trial

Housing Wire

Goldberg said the rule needs to be mandatory, because cooperating participants have a right to know how they will be compensated prior to working with clients. Goldberg said he wasn’t sure, deferring the decision to the trade group’s legal team. Glass returned to the floor after Ketchmark to ask Goldberg to clarify a few points.

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WFG Title bolsters Midwest team with new underwriters

Housing Wire

Oregon-based WFG National Title Insurance Co. ” Richardson, who holds title producer licenses in Michigan and Indiana, comes to WFG after seven years on Amrock’s legal team. .” ” Richardson, who holds title producer licenses in Michigan and Indiana, comes to WFG after seven years on Amrock’s legal team.

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Opinion: What you need to know for a successful real estate transaction

Housing Wire

They also help to prevent fraud and ensure that the sale is conducted legally and ethically. In real estate, a title is a legal document that establishes ownership of a property or asset. You can obtain a title through purchase, inheritance or other legal means. What is a title in the context of real estate?