Trump administration expands Fannie Mae title waiver program
Title insurers wanted to put the brakes on a pilot program that uses automated title reviews to allow some homeowners to refinance their mortgage without having to pay for title insurance
by Matt Carter Jul 11
Covius inks agreement to acquire Blend's Title365 business
Colorado-based Covius will continue to provide integrated title and closing services to Blend's customers, and Title365 President Kirby Hulbert will join Covius' settlement services team
by Matt Carter Jun 9
Ex-First American CEO entitled to $18M following cruise ship brawl
First American Financial Corp. terminated CEO Kenneth DeGiorgio 'without cause' on April 10 after authorities charged the title insurance veteran with misdemeanor assault aboard a cruise
by Richelle Hammiel Apr 22
Dream Finders Homes grows its mortgage, title insurance footprint
Alliant National acquisition brings 700 independent title agents in 32 states to Dream Finders, which provided financing on 72% of the homes it built last year through subsidiary Jet HomeLoans
by Matt Carter Apr 21
Maybe the real estate market's not so screwed after all
As Trump's tariffs spark chaos and confusion in the broader economy, some analysts see an opening for real estate companies to outperform other sectors
by Jim Dalrymple II Apr 9
Free videos for real estate agents land title company rep in hot water
California Best Title Company Inc. settles case alleging illegal inducements for $150K without admitting wrongdoing, but marketing representative loses license for 3 years
by Matt Carter Mar 28
Title insurance titan Bill Foley's investment firm is in a proxy fight
Activist investor Dan Gropper claims Cannae Holdings' 'vague and undifferentiated' approach to acquisitions and 'egregious governance practices' have cost shareholders nearly $1B
by Matt Carter Mar 20
Consumer banking helps Blend weather 2024 mortgage doldrums
Revenue from Blend's biggest business, its mortgage software suite, fell 6% in 2024 to $73.3M. A 42% increase in consumer banking suite revenue, to $33.7M, more than made up the difference
by Matt Carter Feb 28
Campaign to stop Fannie Mae title waiver pilot program resumes
Title insurers have waged a protracted PR and lobbying campaign opposing the pilot program and other title insurance alternatives endorsed by the Biden administration and consumer groups
by Matt Carter Nov 20
DC-area title companies settle agent steering scheme with AG
DC Attorney General Brian Schwalb found that 4 title companies gave financial and other perks to real estate agents in return for homebuyer referrals. The companies have agreed to pay $3M
by Lillian Dickerson Aug 29
Doma grows revenue, cuts Q2 losses on eve of going private again
Title tech provider boosts revenue by 18%, halves EBITDA loss to $3M as $85M merger with Dallas, Texas-based title insurance underwriter Title Resources Group to close later this year
by Matt Carter Aug 21
Investors bullish on Blend on Q2 earnings and revenue beat
Cloud banking software provider continues to grow consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders
by Matt Carter Aug 9
Debate over title insurance alternatives is heating up again
Republican attorneys general in 14 states urge Fannie Mae and Freddie Mac's federal regulator to kill a pilot program that allows some borrowers to refi without obtaining title insurance
by Matt Carter Jul 25
Consumers want lowest mortgage rate, but most won't shop for it
ICE Mortgage Technology survey finds 84% of homeowners who have taken out a mortgage in the last 5 years only considered 1 or 2 lenders before closing the deal
by Matt Carter Jul 5
Fathom's Verus Title subsidiary acquires LW Traveling Title
Fathom Holdings beefs up title coverage in 3 states with 'strategic addition' to geographic footprint by acquiring 9-person title agency with offices in Utah, Colorado and Virginia
by Matt Carter Jun 21