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MV Realty files for bankruptcy

Housing Wire

Right-to-list agreement firm MV Realty has filed for Chapter 11 bankruptcy in 33 states. Over the past year, the American Land Title Association has worked to pass legislation at the state level to ban right-to-list agreements, such as those used by MV Realty. The story was first reported by CBS News.

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Transforming the mortgage and real estate process: Insights from Tech100 leaders

Housing Wire

From streamlining title verification to enabling collaborative loan processing and automating key title production tasks, these leaders are helping shape a faster, smarter, and more efficient housing market. We call this process VOT or Verification of Title.

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The title insurance arms race heats up

Housing Wire

The first time Lawyers Title of Arizona Sales Executive Sarah Perkins walked through an acquisition was 2006. The sky was falling,” Perkins said, describing the environment of fear as companies were acquired, layoffs were rampant and bankruptcies were common. In fact, the feeding frenzy for title companies is just getting started.

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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

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Oklahoma’s Bank7 acquires mortgage lender First American Mortgage Inc.

Housing Wire

It has no affiliation with title giant First American Financial Corporation. HousingWire tracked 37 mergers, acquisitions, exits and bankruptcies involving originators, servicers, tech platforms, and appraisal and valuation companies in 2024. Yukon-based First American Mortgage, Inc.

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Why lenders should be asking for a title check at loan application

Housing Wire

In December, HousingWire spoke to Flueid about the concept of instant title and why it is a misnomer for mortgage lenders. HousingWire: HousingWire recently spoke to Flueid about the concept of instant title and why it’s a misnomer for mortgage lenders. We’ve seen this shorten the transaction timeline by only about a day.

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Kentucky passes bill to end ‘harmful’ listing contracts 

Housing Wire

The state’s General Assembly passed a bill to protect homebuyers from predatory contracts known as non-title recorded agreements for personal services (NTRAPS) or right-to-list agreements. Kentucky is on the brink of ending exclusive real estate listing contracts. Penalties will be applied if NTRAPS are recorded in future property records.

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