Title waiver pilot program will have little impact on the industry: Fitch Ratings

Title waiver pilot program will have little impact on the industry: Fitch Ratings

Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA)... Read more »
FHFA’s pilot to waive lender title insurance on refis faces opposition

FHFA’s pilot to waive lender title insurance on refis faces opposition

President Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on certain refinance transactions, according to the White House. The plan... Read more »
FHFA’s pilot to waive lender title insurance on refis faces opposition

Title earnings marred by slow market, cybersecurity incidents

Despite slower housing market conditions, Big Four title firms Stewart, First American and Fidelity National Financial all managed to earn profits in 2023. Stewart, which reported its earnings earlier in February, posted... Read more »
FHFA’s pilot to waive lender title insurance on refis faces opposition

Reduce title, real estate and mortgage risk with a cyber response plan

In today’s rapidly changing technology landscape, businesses in the title insurance, mortgage and real estate industries must prioritize cybersecurity response planning and business continuity. The second in our “Reducing Risk” series, this... Read more »
Distinctive culture challenges call for specialized approaches in title agencies

Distinctive culture challenges call for specialized approaches in title agencies

Title agencies face unique challenges when it comes to developing a strong company culture. Title companies still rely heavily on their traditional need for institutional knowledge but also find themselves in an... Read more »
Reducing risk: How mortgage, title and real estate companies can build cyber resilience

Reducing risk: How mortgage, title and real estate companies can build cyber resilience

The rash of recent mortgage and title industry data breaches serves as a sobering reminder of the paramount importance of cybersecurity. In this first installment of our reducing cyber risk series, let’s... Read more »
Wire and title fraud risk reach an all-time high in Q4: report

Wire and title fraud risk reach an all-time high in Q4: report

Wire and title fraud risk reached an all all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud, according to FundingShield‘s... Read more »
FHFA’s pilot to waive lender title insurance on refis faces opposition

Qualia accuses title startup Settlor of stealing trade secrets

Closing software provider Qualia is accusing a former employee and startup title production software firm Settlor of stealing trade secrets. In a lawsuit filed on Tuesday in U.S. District Court in Denver,... Read more »
Title Insurer First American’s tough week: Inman’s Top 5

Title Insurer First American’s tough week: Inman’s Top 5

The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s opportunities.... Read more »
FHFA’s pilot to waive lender title insurance on refis faces opposition

Can AI launch the title industry into the future in 2024?

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I always joke that we... Read more »