MyHome president details AI’s impact on titleThursday, April 25, 2024 Artificial intelligence’s (AI’s) current and potential impact on the title insurance industry was detailed by Marty Frame, president of Williston Financial Group (WFG) subsidiary MyHome, at the recent WFG Executive Summit. Frame laid out the potential for AI to assist cybercrimes as well as its ability to improve customer experiences. Read on to find out more information.
FundingShield releases first quarter fraud reportThursday, April 25, 2024 FundingShield released its first quarter 2024 fraud analytics report, showing nearly half of transactions in a $65 billion portfolio exhibiting at least one risk factor. On average, problematic loans had 2.22 issues per loan, the company said, indicating the lack of appropriate controls by closing agents and lenders to identify and fix issues. Read on to find out more information.
NS3 Preview: Learn what underwriters are doing for agentsThursday, April 25, 2024 The 2024 National Settlement Services Summit (NS3) will feature a discussion on ways underwriters are helping agents, led by a quartet of accomplished industry leaders. Discussion will be led by Old Republic Title’s Jeff Bluhm, FNF’s David Townsend, First American Title’s Don Kennedy, and Williston Financial Group’s Patrick Stone. Read on to find out more information.
Empower LOS to integrate with Total Expert platformThursday, April 25, 2024 An integration between the Empower loan origination system and Total Expert’s customer engagement platform will aim to help lenders generate leads, work more productively and close more loans. Read on to find out more.
Percy.ai appoints chief strategy officerThursday, April 25, 2024 An accomplished real estate technology executive will oversee the Percy Market Intelligence Platform for real estate professionals, mortgage loan officers and consumers. Read on to learn more.
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.
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. Read on to find out more information.
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