Remove Development Remove Insurance Remove Legal Remove Technology
article thumbnail

Title insurers reckon with attorney opinion letters

Housing Wire

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money.

Insurance 337
article thumbnail

People Movers: FundingShield, North American Title Company, Valligent Technologies, Garris Horn and Azimuth GRC

Housing Wire

Patricia Suazo has joined FundingShield as its vice president of technology operations and integrations. Before that Yankowski was president and CEO of Executive Title Insurance Services. Valuation technology company Valligent Technologies has named Walter Allen as its executive vice president of digital transformation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FDIC finds banks violated RESPA on mortgage brokerage payments

Housing Wire

Mortgage brokers ’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services provided.

Brokerage 386
article thumbnail

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

Housing Wire

As with establishing effective communication expectations early on, developing a crisis management plan before you need it will allow you to effectively deal with unexpected problems. Legal disputes. Embrace technology If you still rely on paper and pen, it’s time to enter the 21st century. Natural disasters. Even better?

article thumbnail

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. How has technology impacted the industry?

article thumbnail

Wolters Kluwer appoints Vikram Savkar as EVP and GM

Housing Wire

In this role, Savkar will be responsible for the management of an expanding business unit within Wolters Kluwer that focuses on product innovation and technological advancements. Meirink said Savkar’s appointment is indicative of the company’s commitment to developing and promoting talent from within.

Legal 295
article thumbnail

Blend cuts workforce, shakes up leadership

Housing Wire

It resulted from a big decline in mortgage banking, title insurance revenues and an impairment related to the Title365 segment. . workforce by 28%, including research and development, sales, marketing, general and administrative functions. Amid a rapidly shrinking mortgage market, the company reported a loss of $133.98

Legal 417