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AmTrust Title introduces MidPoint

Housing Wire

New York-based AmTrust Title Insurance Company on Tuesday introduced MidPoint , its new title closing solution enabling title agents to work outside their geographic areas to serve clients nationwide. AmTrust Title is a wholly owned subsidiary of AmTrust Financial Services, Inc.

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DataTrace’s TitleIQ leverages automation to reduce human error and further streamline processes

Housing Wire

That said, many companies still rely on legacy systems and manual processes to procure, search, and examine title. This slows the search and underwriting processes, makes them more prone to errors and delays closings at the expense of the homebuyer.

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ATA National Title Group expands footprint in Michigan

Housing Wire

On Tuesday, Farmington, Michigan-based ATA National Title Group announced its acquisition of Absolute Title on Tuesday. The firm will be rebranded as Absolute Title Agency. The transaction closed on February 18 and the terms of the deal were not disclosed. We have long targeted the Ann Arbor area for expansion.”.

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Stewart says business is getting back to normal

Housing Wire

Total direct title revenue grew 24% from a year prior to $423.1 Non-commercial domestic title revenue was responsible for $282.3 million of the direct title revenue, which Stewart primarily attributed to increased residential purchase transactions and scale. Commercial domestic revenue came in at $93.1 in Q4 2021.

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The AOL debate rages on

Housing Wire

Prior to the advent and widespread use of title insurance, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for before taking title to a property. With a title policy, the path is clearly defined, but with an AOL, many questions remain.

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Fidelity’s title insurance segment ramps up its performance in 2024

Housing Wire

I am proud of all that we have done to achieve our industry-leading performance through reducing costs and improving the efficiency of our title search and exam process, while preserving the coverage and value of our insurance product. Direct, agency and commercial all had a great quarter from our subservicing business.

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

How long does closing take from here? But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. According to the loan software firm ICE Mortgage Technology, it took 50 days on average to close on a purchase loan for a house, as of Q3 2021. Average time to close.

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