Industry News

Nationwide Title Clearing, Inc., a post-closing services provider for the residential mortgage industry, has released a new white paper that outlines its 10 top issues that mortgage loan servicers must consider when undertaking the lien release, the last step in the mortgage loan servicing process.

WFG National Title Insurance Co. announced it is continuing to grow its compliance team, adding a new senior vice president of compliance and licensing. Read on for more details.

The idea of ensuring lenders and, perhaps more importantly consumers are protected at closing is an idea that hasn’t left the forefront of the minds of legislators and industry members.

While every attorney and every title agency owner has faith that the people they hire are trustworthy and able to do the task before them, it is critical to maintain a level of awareness of the employees in your office and the business they are conducting. During the Attorneys Title Insurance Fund’s 49th Annual Assembly, Margaret Williams, Fund risk manager, provided tips for how to provide that level of awareness, from pre-hire throughout the staff member’s employment. “As attorneys, it is our responsib...

Much has changed in the way of marketing agreements in the past decade. With the Consumer Financial Protection Bureau (CFPB) at the helm, new regulations, an interpretive rule and the volatilities of the market, title insurance, mortgage, real estate and settlement services professionals need to be on alert with how they are structuring marketing agreements. Industry members should also be aware of where the market is headed in terms of business partnerships, alliances and other types of arrangements. Re...

Real Estate Data Shield’s compliance and data security awareness e-Courseware has received Horizon Interactive Bronze Award. Read on for more details.

Much was said about escrow security, data security and fraud prevention during the 2013 Voice of the Title Agent. Read on to find out what fellow agents have to say on the subject and how you can find out what other topics were addressed in this year’s Voice of the Title Agent.

According to the annual Mortgage Fraud Risk Index, released by Interthix, the risk index increased from 2011, reflecting a rising trend in mortgage fraud risk. Read on for more from the report.

It seems that two years after the foreclosure crisis became known, courts and legislatures are still addressing the issues that appeared because of it.

As technology has improved and is increasingly relied upon for things ranging from personal banking to storing tax data at the IRS, the threat of cyber fraud has increased as well. Protecting yourself and your company has become critical, but putting protections and protocols in place is not an easy task. With mortgage lenders looking to title, escrow and settlement services agents for assurances about how data is being handled, there never was a more important time for companies of all sizes in the indu...