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Set your agency apart while following the rules
Posted Date: Friday, February 20, 2015
Loretta Salzano, founding partner at Franzḗn and Salzano, PC and Cynthia McGovern, founder of Orange Leaf Consulting recently hosted a webinar to educate title agents on how to expand their business in a compliant way. Read on to see highlights from their presentation.
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Stewart Title aligns Dallas-Fort Worth commercial services
Posted Date: Thursday, January 29, 2015
Stewart Title Commercial Services combined its Dallas-Fort Worth local and national commercial associates into one team to create a single point of contact for local, national and multi-national commercial transactions in the Dallas-Fort Worth market.
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Economy expanding at solid pace according to Fed
Posted Date: Thursday, January 29, 2015
Information received since the Federal Open Market Committee (FOMC) met in December suggests that economic activity has been expanding at a solid pace. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. On balance, a range of labor market indicators suggests that underutilization of labor resources continues to diminish.
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ET Investments, LLC, expands into Wyoming
Posted Date: Thursday, February 5, 2015
As part of its expansion strategy, ET Investments, LLC, acquired Founders Title; TownSquare Title of Wyoming, LLC, emerges.
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Ellie Mae joins ESRA
Posted Date: Tuesday, February 3, 2015
Ellie Mae joins the ranks of the Electronic Signature and Records Association, a trade association representing electronic signature adopters and providers, to help the industry move much closer toward a nationwide acceptance of electronic signatures.
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East Hampton begins eRecording
Posted Date: Thursday, January 29, 2015
eRecording in the town of East Hampton, Conn., now is available through Simplifile. The East Hampton Town Clerk said using eRecording will eliminate payment errors, provide prompt electronic payment to the town and increase staff productivity.
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Town of Windsor now eRecording
Posted Date: Monday, February 9, 2015
Windsor Town Clerk Anna Posniak said she was looking for ways to provide new services for a technologically driven public and so she signed up for eRecording. Keep reading to learn more.
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ATG former leader and board chairman retires
Posted Date: Monday, February 9, 2015
Attorney’s Title Guaranty Fund, Inc. (ATG) announced the retirement of a former leader, board member and board chairman. Keep reading to learn more.
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Advantage Title gets New York VP
Posted Date: Thursday, February 5, 2015
Advantage Title has a new executive vice president and chief underwriting counsel who is responsible for handling complex commercial and residential real estate transactions across the New York metro area and the nation.
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NAT adds industry vet for new Estero branch
Posted Date: Tuesday, February 10, 2015
The new Estero branch in Coconut Point, Fla., for North American Title Co. won’t open until March, but that hasn’t stopped the company from hiring a business consultant to build relationships in the region prior to opening. Keep reading to learn more.
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Mortgage rates tick up
Posted Date: Thursday, January 29, 2015
Freddie Mac released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates reversing course from the first weeks of the year to tick up slightly. Read on to learn more.
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MBA review commercial/multifamily originations, forecasts 2015
Posted Date: Tuesday, February 10, 2015
The Mortgage Bankers Association’s (MBA) commercial and multifamily mortgage bankers’ originations index provides a preliminary estimate that originations for the full year of 2014 were 7 percent higher than in 2013. Mortgage originations increased 27 percent between the third and fourth quarters of 2014, and were up 11 percent compared with the fourth quarter of 2013. The 11 percent increase was driven by an increase in originations for multifamily and industrial properties.
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One in four foreclosures are zombies, RealtyTrac says
Posted Date: Tuesday, February 10, 2015
Homes actively in the foreclosure process that have been vacated by the homeowners prior to the bank repossessing the property represent 25 percent of all active foreclosures, according to the RealtyTrac Q1 2015 Zombie Foreclosure Report. Vice President Daren Blomquist said the increase is a sign that banks and courts finally are moving forward with a resolution on these properties. Keep reading to learn more.
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Four sentenced to multi-million dollar fraud scheme
Posted Date: Monday, February 9, 2015
Four men were sentenced for their participation in a consumer and mortgage fraud conspiracy, which resulted in multi-million dollar losses for consumers and federal agencies.
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First National Title reports 2014 revenue
Posted Date: Thursday, February 12, 2015
First National Title Insurance Co. (FNTI) reported revenues for the company’s second full year of operations of $36.51 million, representing a year-over-year increase of 37.5 percent. The non-affiliated portion of FNTI’s revenue grew from 25.5 percent in 2013 to 33.4 percent in 2014.
First National expands to New Mexico
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LenderLive names new leader of Settlement Services
Posted Date: Thursday, February 12, 2015
LenderLive Network, Inc. named a senior vice president of operations for the company’s Settlement Services division. He will be responsible for vendor management, title and escrow operations in three locations.
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Industry still too paper dependent, says AXIS technical group
Posted Date: Tuesday, February 10, 2015
Despite having technology available for improving business processes through the conversion of paper to digital, there still has been a relatively slow transition to this technology in the mortgage and title industry, according to “In a Time of All-Things-Digital and the Age of the Internet, Paper Still Survives. Why?” by AXIS Technical Group LLC.
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Home prices increase 7.4 percent in 2014
Posted Date: Thursday, February 5, 2015
For the full year of 2014, home prices increased 7.4 percent, according to CoreLogic Deputy Chief Economist San Khater in the company’s December CoreLogic Home Price Index. Keep reading to learn more.
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