Title technology provider Doma posts $124M 2023 net loss

CEO Max Simkoff says the company is well positioned to help lenders take advantage of the Biden administration’s push to reduce closing costs for mortgage borrowers. Continue reading

Utah 1st state to ban long-term listing agreements enforced by lien

Legislation expected to go into effect April 1 addresses allegedly deceptive tactics employed by MV Realty and was based on a model bill drafted by American Land Title Association. Continue reading

Mortgage finance veteran Nick Smith joins Voxtur’s board

The mortgage data analytics provider that is pioneering attorney title opinion letters had previously expanded digital asset capabilities with a $101 million Blue Water acquisition. Continue reading

‘Homeowner benefit agreements’ in spotlight amid MV Realty probe

North Carolina regulators are investigating alleged predatory and deceptive practices by Florida-based MV Realty, which operates in 33 states and has more than 500 licensed agents. Continue reading

UWM can rapidly scale new loans that lack title insurance

The wholesale lender is hiring and training lawyers to generate attorney opinion letters in-house in order to meet what the company expects to be strong demand. Continue reading

In record year for title insurers, ‘big four’ maintain market share

Title insurance premiums surged 36 percent in 2021 to a record $26.2 billion as low mortgage rates spurred refinancings, according to an analysis released Friday by the American Land Title Association. Continue reading