A leading title insurer is suing two federal U.S. offices over a new “arbitrary and capricious” reporting rule aimed at preventing money laundering activity that it claims exceeds their authority. Fidelity National Financial and its similarly named title insurance subsidiary filed the lawsuit in a Florida federal district court in May. Named as defendants were […]
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Amid a growing wave of real estate thefts that involve fraudulent property transfers, a bipartisan pair of Pennsylvania lawmakers are pushing for new legal protections the state’s homeowners. Reps. Chris Rabb (D) and Tim Bonner (R) have introduced H.B. 1406 to crack down on deed fraud — a crime they say is being exploited due
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Anywhere Integrated Services (AIS), a division of Anywhere Real Estate, has selected artificial intelligence company Vectara to streamline its title creation process and centralize document retrieval systems. AIS — which supports brands including Century 21, ERA Real Estate and Sotheby’s International Realty — plans to use Vectara’s platform to address inefficiencies in title searches and
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The title insurance industry began its recovery last year from its massive skid at the end of the refinance boom. Companies generated $16.2 billion in title insurance premiums in 2024, a 7% annual increase, the American Land Title Association reported Thursday. The positive momentum follows year-over-year premiums written declining 31% in 2023 and 16% in
Title insurers’ rising premiums ends two-year slide Read More »
Title technology provider Settlor has integrated CertifID’s wire fraud prevention tools into its cloud-based title production software, the companies announced Wednesday. The move is intended to streamline security measures for real estate transactions by allowing users to access CertifID services directly within the Settlor platform. The integration allows Settlor users to verify wire instructions, protect
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Signs from early April that the housing market is coming around will help the title industry’s performance on what has been a slow start to the spring season. However, the biggest news that shook up the industry took place on April 10 at the second largest company by total volume. Following an incident on a
Title underwriters stay profitable in difficult Q1 Read More »
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