Industry News

The Property Records Industry Association released the 2020 survey of recording jurisdictions that enabled recording prior to Jan. 1, 2018. This is the third bi-annual eRecording-document survey. Read on for more details.

Following its announcement it has raised an additional $65 million in Series D financing, Qualia announced the acquisition of ResWare developer Adeptive Software. Qualia said its latest fundraising increased its total funding to $160 million and values the company at over $1 billion. The latest round was led by existing investor Tiger Global, alongside other existing investors 8VC and Menlo Ventures. Read on for more details.

The American Land Title Association and a coalition of associations representing banks, credit unions, financial institutions, nonprofits and businesses of all sizes sent a letter to Congress requesting they pass legislation to streamline Paycheck Protection Program forgiveness for small businesses. Read on for more details.

The Property Records Industry Association published a paper titled Electronic Notary: How Does It Impact Recording?, regarding the legal foundations of eNotarizations as well as its impact on recording. Read on for more details.

The last few years, and particularly the last several months, have seen an increase in eClosings. With the increase in eClosings, and changing landscape, many in the industry have questions. October Research LLC recently held a webinar to answer some of these questions. Two industry experts answered some additional questions here. Read on for their answers.

In the past 20 years, the title and settlement services industry has seen a significant shift in both how transactions are done and how the industry is regulated, and The Legal Description has been there for them all. As the publication marks its 20th year, industry experts shared their view of the biggest changes in that time.

Numerous associations, including the American Land Title Association, the New York State Land Title Association and the American Bankers Association, wrote to congressional leadership to express support for two pieces of legislation designed to streamline the Paycheck Protection Program forgiveness process for small businesses who receive PPP loans. Read on for more details.

Several industry associations, including the American Land Title Association, Mortgage Bankers Association and National Association of Realtors, sent a letter to Congress to extend the National Flood Insurance Program. Read on for more details.

For the ninth year, October Research, LLC, presented its annual awards for leadership, innovation and philanthropy, with some of the brightest stars in the title industry recognized for their efforts. Publisher and CEO Erica Meyer presented the awards Wednesday at the 16th annual National Settlement Services Summit (NS3). Read on for details about this year’s award winners, along with a look back to award winners of years past.

The ninth annual Make a Child Smile community service event at the National Settlement Services Summit (NS3) had a different feel this year. The event, sponsored by Adeptive Software, featured a discussion between Terri Hanson, vice president, account services at Adeptive, and Toys for Tots President and CEO Lt. General James Laster. Toys for Tots distributed more than 2 million toys, books and games already this year during the pandemic. Read on for more from the NS3 presentation.