Tower Abstract Services launches in New YorkTuesday, April 23, 2024 Two longtime title leaders have established Tower Abstract Services, a new title business in New York City that will offer closings nationwide. Tower Abstract co-founder Jason Gordon sat down with The Title Report to detail what led up to the move and what goes in to ensuring a new business hits the ground running.
Read on to find out more information. |
CloseSimple launches integrated eSigning solution Tuesday, April 23, 2024 Title technology provider CloseSimple has launched an integrated eSigning platform specifically designed for the title industry.
eSigning continues to be a growing practice in the real estate transaction, and adoption of eSignatures has leaped globally by nearly tenfold over the past five years, according to CloseSimple.
Read on to find out more details about the new platform. |
D.R. Horton reports net income increaseTuesday, April 23, 2024 Homebuilder and title insurance provider D.R. Horton reported solid results in its earnings report for the second quarter of its fiscal 2024.
Net income attributable to D.R. Horton in the second quarter increased 24 percent to $1.2 billion compared with $942.2 million in the same quarter of fiscal 2023.
Read on to find out more information. |
Redfin expands ‘Sign & Save’ program Tuesday, April 23, 2024 Redfin’s Sign & Save program, launched in September 2023, is expanding into more than a dozen new markets.
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ATTOM: Commercial foreclosures increase in MarchTuesday, April 23, 2024 Commercial foreclosures in March increased 6 percent from February and 117 percent year-over-year, according to property data curator ATTOM.
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Old Republic Title, CertifID partner to combat mortgage payoff fraudFriday, April 19, 2024 CertifID will provide an exclusive package for Old Republic Title offering unlimited payoff verifications for title agents, the companies announced.
Mortgage payoffs have become the largest source of loss for title and real estate law firms due to their large transaction size at roughly $247,000 in median loss.
Read on to find out more information.
CATIC releases annual inclusion reportFriday, April 19, 2024 The CATIC Family of Companies has published its annual inclusion report, highlighting company diversity, equity and inclusion initiatives as well as progress in regard to company demographics.
In 2020, the company implemented “The Initiative,” which continues to be primarily focused on increasing access to homeownership for underrepresented groups, particularly Black, indigenous and people of color.
Read on to learn more.
Beige Book: Fed economic activity shows moderate expansionFriday, April 19, 2024 Latest reporting from the U.S. Federal Reserve’s Beige Book shows moderate economic activity expansion as well as “cautious optimism” among respondents.
Ten out of 12 districts experienced either slight or modest economic growth — up from eight in the previous report ¬– while the other two reported no changes in activity.
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Floify integrates with TruvFriday, April 19, 2024 A direct integration between Floify and Truv will allow lenders to support an enhanced borrower application/verification experience at a lower cost-point per loan, the companies announced.
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Fathom Realty appoints regional directorFriday, April 19, 2024 Fathom Realty has promoted to fill the position of regional director for the eastern third of the U.S., tapping a former state broker and district director.
Read on to find out more information.
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