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New First American tool aims to flag title issues early

Housing Wire

First American Data & Analytics has launched a new product designed to help lenders identify title issues earlier in the mortgage and home equity loan process, with the goal of cutting delays and reducing closing times.

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Attempted Graceland sale exposes title, mortgage fraud tactics

Housing Wire

But while a fraud attempt targeting such a famous structure and family would easily make national news, the vast majority of title theft and mortgage fraud schemes do not. Impersonation fraud has risen “sharply” over the past few years according to Sarah Frano, vice president and real estate fraud expert at First American Title Insurance Co.

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Rocket Companies to acquire Mr. Cooper in bombshell $9.4B deal

Housing Wire

billion , is paying an equity value of $9.4 Rocket said the the transaction is expected to generate $100 million in additional pre-tax revenue from higher recapture rates and attaching its title, closing and appraisal services to Mr. Coopers existing originations. With this acquisition, Rocket will have a combined servicing book of $2.1

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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 industry prepares for battle

Housing Wire

With the housing market slowing down from its pandemic-fueled frenzy, wire fraud threats, regulatory challenges and the perennial challenge of an aging workforce, the title insurance industry will have a lot to juggle in the new year. For the title insurance industry, she feels this will result in a thinning of the herd.

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Rocket Companies announces deal to acquire Redfin for $1.75 billion

Housing Wire

billion in equity. Varun and I see how much better real estate could be when AI guides customers not just through that first step in their search, but all the way home, through the sale, the loan and then a lifetime of accumulating equity and wealth.

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reAlpha partners with Title First Agency

Housing Wire

Fractional real estate investment firm reAlpha announced late last week that it is partnering with Title First Agency to provide title and closing services on all of the firm’s property acquisitions. A look at the role instant title plays in the borrower journey. Title First Agency has a footprint in all 50 U.S.,

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