Housing Wire

MARCH 25, 2021

Private mortgage insurance helped over 2 million low downpayment borrowers secure mortgage financing in 2020, a 53% increase from 2019, according to data from the government sponsored entities. The private mortgage insurance industry also supported $600 billion in mortgage originations. Mortgage Insurers.

Insurance 544

Insurance Mortgage Finance Buyers 544

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%.”

Insurance 368

Insurance Housing Market Marketing Agents 368

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.

Insurance 370

Insurance Tools Mortgage Valuation 370

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.

Insurance 424

Insurance Real Estate Technology Tools 424

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.

Real Estate 422

Real Estate Investors Business Lending 422

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.

Marketing 387

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%

Insurance 433

Insurance Marketing Mortgage 433

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%.

Insurance 354

Insurance Home Value Inventory Real Estate 354

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

Insurance 370

Insurance Investing Real Estate 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.

Insurance 301

Insurance Home Value Contracts Marketing 301

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.

Insurance 286

Insurance Agents Training Valuation 286

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.

Insurance 213

Insurance Investing Real Estate Business 213

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.

Insurance 391

Insurance Lending Valuation Real Estate Agent 391

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

Tools 430

Tools Insurance Home Value Technology 430

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.

Insurance 381

Insurance Bracketing HOA Law 381

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.

Mortgage 506

Mortgage Insurance Finance Clients 506

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.

Business 388

Business Insurance Real Estate Investors 388

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.”

Insurance 381

Insurance Development Design Finance 381

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.

Mortgage 415

Mortgage Project Management Insurance Loan Officers 415

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.

Mortgage 401

Mortgage Technology Investing Design 401

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 384

Insurance Logistics Technology Inspection 384

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.

Lending 348

Lending Finance Insurance Investors 348

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.

Insurance 364

Insurance Business Investing Real Estate 364

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.

Insurance 465

Insurance Retail Business Mortgage 465

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 385

Real Estate Agent Real Estate Insurance Valuation 385

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 362

Insurance Retail Real Estate Clients 362

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.

Insurance 363

Insurance Agents Investing Mortgage 363

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.

Finance 448

Finance Real Estate Agent Real Estate Insurance 448

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.

Insurance 312

Insurance Retail Clients Business 312

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%

Marketing 410

Marketing Insurance Real Estate Housing Market 410

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.

Insurance 377

Insurance Supply Chain Design Government 377

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.

Insurance 389

Insurance Investing Marketing Mortgage 389

Housing Wire

JANUARY 25, 2021

“Big Four” title insurer First American Financial Corp. The sales – known as “book transfer agreements” in accounting parlance – were made with Safeco Insurance , a Liberty Mutual company, and Heritage Insurance Holdings. Presented by: ServiceLink. And its title insurance continues to grow.

Business 259

Business Insurance Agents Marketing 259

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.

Agents 424

Agents Real Estate Agent Insurance Real Estate 424

Housing Wire

MARCH 13, 2024

As recently as five years ago, homeowners insurance was certainly not top of mind for most homebuyers and their real estate agents , but the rapidly rising cost of insurance premiums is changing that. Before, insurance was kind of an afterthought. nationwide in 2023, with Farmers Insurance Group of Cos. and Utah at 20.3%.

Real Estate Agent 448

Real Estate Agent Insurance Real Estate Agents 448

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.

Insurance 424

Insurance Real Estate Business Technology 424

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 363

Insurance Retail Real Estate Clients 363