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6 ways title companies can harness AI

Housing Wire

Artificial intelligence (AI) has become a hot topic across every facet of life, including the real estate and title industries. Many title professionals are asking how AI can be used safely and effectively to improve daily operations. This might include documents like deeds and title policies.

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Fannie Mae title pilot could save homeowners up to $1,692 per refi

Housing Wire

Fannie Mae s title insurance pilot program could save borrowers up to $2.19 Under the program, in limited circumstances Fannie Mae is able to accept the results of an automated title review in lieu of traditional title insurance on refinance transactions. billion in total or as much as $1,692 per loan.

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Title Success enters the M&A matchmaking business

Housing Wire

Title valuation , brokerage and consulting services firm Title Success, which is powered by Bowe Digital , announced Monday that it has launched a newly designed website. The new site offers a listing service for title companies looking to sell their operations.

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EquityProtect partners with title companies to boost fraud awareness

Housing Wire

EquityProtect has announced new partnerships with title companies across the country in an effort to bolster protections against deed and title fraud a growing concern as real estate scams become more complex and harder to detect. With EquityProtect, fraud is fraud, no matter what type of property it is,” Dovidio said.

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Texas orders cut to title insurance premiums

Housing Wire

A 10% reduction in title insurance premiums was recently ordered by the Texas Department of Insurance (TDI), with the regulator citing profit ratios that were deemed to be excessive. According to the order, TLTA advocated for no changes to title insurance premiums while OPIC recommended a reduction of 8.9% between 2003 and 2022.

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Planet Financial hires Ken Quantie to lead KeyLink Title

Housing Wire

The title entity of Planet Financial Group has a new leader. On Thursday, Planet announced the hiring of Ken Quantie as its new senior vice president of KeyLink Title. My goal is to establish a nationwide title resource known for exceptional service, Quantie said in a statement.

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How Mortiles use technology and vendors services to push title searches into the future

Housing Wire

Artificial intelligence (AI), predictive underwriting , and blockchain technology are becoming more common in todays real estate industry. As a result, professionals in the title and foreclosure industries must evolve to keep up with upcoming trends. What drew you to the title search industry?