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Qualia puts forth FinCEN compliance solution

Closings, eClosing, FinCEN, HWmember, Money laundering, Qualia, Real Estate, Regulatory Compliance, Title /

Qualia has introduced new compliance tools within its cloud-based title production system to help title and escrow companies prepare for federal anti-money laundering regulations taking effect next March. New features are designed to help companies track, collect and report information required under the Financial Crimes Enforcement Network (FinCEN) Anti-Money Laundering Regulations for Residential Real Estate […]

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WFG National Title expands operations into New Mexico

Closings, HWmember, New Mexico, Title, Title insurance, WFG National Title /

WFG National Title Insurance Co. — a subsidiary of Williston Financial Group — on Thursday announced its expansion into New Mexico. “WFG continues to grow in ways that strengthen our national footprint while staying true to our mission of improving the real estate process for everyone involved,” said Patrick Stone, chairman and founder of Williston

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Arrivva’s fixed-fee model challenges commission norms

Affordability, Brokerage, California, Closings, Commission Lawsuit, Homebuying, Mortgage, National Association of Realtors, Real Estate, Real Estate Agents /

For more than a decade, Fred Glick has been on a mission to shake up how Americans buy and sell homes. As founder of Arrivva — a California-based real estate and mortgage brokerage — Glick said his company’s fixed-fee model offers a transparent alternative to the traditional commission system. “People think because we’re not charging

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Government shutdown looms large for real estate, mortgage

Closings, Consumer confidence, Donald Trump, Government Shutdown, Home Sales, Homebuilder Confidence, Homebuyers, Mortgage, National Association of Realtors, Politics, Real Estate, Real Estate Agents, Trump administration, U.S. Government /

Government shutdowns have repeatedly rippled through the real estate industry over the past three decades, delaying loans, snarling flood insurance and rattling buyer confidence. A federal shutdown is days away as of Friday — threatening paychecks for hundreds of thousands of workers, freezing key reports like monthly jobs data and placing a layer of uncertainty

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Advalis CEO speaks on expanded FinCEN compliance platform

beneficial ownership, Closings, Compliance, eClosing, FinCEN, HWmember, Real Estate, Regulatory Compliance, Title, Title insurance /

Compliance software provider Advalis has launched a new version of its platform designed specifically for title companies, escrow officers and settlement agents facing the upcoming Financial Crimes Enforcement Network (FinCEN) Residential Real Estate Reporting Rule. The rule, which takes effect Dec. 1, will require reports on certain all-cash real estate transactions — essentially expanding what

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WFG National Title added to Fannie Mae’s multifamily approval list

Closings, Compliance, Fannie Mae, HWmember, Mortgage, Multifamily, Multifamily Housing, Title, Title insurance, WFG National Title /

WFG National Title Insurance Co. has been added to Fannie Mae’s list of approved title insurers for multifamily transactions. The designation means lenders and borrowers using WFG for Fannie Mae–financed multifamily deals can avoid delays caused by policy exceptions or compliance issues. Fannie Mae requires approved insurers to meet financial strength, quality and coverage standards

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WFG National Title launches Agent 3.0 with AI, automation focus

Artificial Intelligence, Closings, eClosing, HWmember, Marketing, Technology, Title, Title insurance, WFG National Title /

WFG National Title Insurance Co. has introduced Agent 3.0, which will offer users expanded options for artificial intelligence (AI) and automation. The program follows rollout of Agent 2.0 earlier this year, which emphasized personalized support and growth tools for title agents. Leaders said Agent 3.0 is designed to create a more interactive partnership between WFG

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Lone Wolf Technologies releases Deal Tracker dashboard

Closings, HWmember, Lead Generation, Lone Wolf Technologies, Real Estate, Real Estate Agents, Technology /

Lone Wolf Technologies has released Deal Tracker, a new pipeline dashboard designed to give real estate agents a centralized, real-time view of the home transaction process from initial contact through closing. The dashboard is now available as the default homepage for users of Lone Wolf’s Transact platform. It integrates with Lone Wolf’s broader software system,

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ServiceLink expands closing technology

Closings, eClosing, eSignature, Home Equity, HWmember, Mortgage, Refinancing, ServiceLink, Technology, Title /

Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers. The latest enhancements allow users to schedule closings in real-time with expanded options for online and in-branch appointments, and add automatic eligibility checks for remote notarization. Among the new features is a system that

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