Tag Archives: title insurance

UWM can rapidly scale new loans that lack title insurance

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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 →

UWM now offering mortgages without lender’s title insurance

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The nation’s largest wholesale mortgage lender moves to capitalize on rule changes by mortgage giants Fannie Mae and Freddie Mac aimed at helping borrowers save on their closing costs. Continue reading →

‘Big four’ title insurers take market share from independents

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As lenders pivoted from refinancing to more complex purchase loan transactions, independent title insurers saw second-quarter premiums drop by 18.4 percent. Continue reading →

Attorney title opinions could give title insurers a run for their money

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SingleSource Property Solutions and Voxtur launch an alternative to title insurance that’s designed with Fannie Mae and Freddie Mac’s new guidelines in mind. Continue reading →

Doma announces more layoffs as cumulative losses top $300M

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Layoffs of 561 workers are expected to generate $70 million in annual cost savings, buying time for digital title insurer to adapt its “instant underwriting” technology for purchase loans. Continue reading →

Endpoint rolls out enterprise-wide closing solution for proptechs

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The new suite of APIs automatically opens orders, tracks transaction status, exchanges documents and provides custom reporting features and notifications. Continue reading →

Flueid gears up to support purchase and home equity loans

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Title and escrow software-as-a-service provider’s tech platform, Flueid Decision, can now detect solar panels and liens. Continue reading →

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

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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 →

Stewart shifts eye for acquisitions back to title insurance

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After growing its ancillary services business through acquisitions, the nation’s fourth-biggest title insurer is now looking to plug geographic holes. Continue reading →