InsurTech & Technology: An Imminent threat to a Title Agent’s business?

And a possible way to address the threat   When Title Agents were asked, in the “Voice of the Title Agent report 2018” by October Research/ The Title Report, to talk about what concerned them the most for the coming 12 months, technology did not feature at all in their Top 10 concerns. (Interestingly, the “economy/mortgage market, cyber threats & operating …

4 Mortgage Trends Title Agents Should Watch For In 2019

2018 has been a transition year – a low rate environment encouraging refinances, a seller’s market with potential homebuyers working through limited housing inventory, and towards year-end, lower home affordability and rising rates. 2019, however, could be a different story.   New mortgage industry forecasts & projections suggest higher interest rates in the most popular 30-year fixed rate mortgages, clearly pointing to a purchase-oriented market in 2019. Also, with lower unemployment, mortgage lending standards relaxing, we can expect a change in the profile of …

The Buzz around Technology for Title Insurance – Learn more at #ALTA18

The year 2018 has seen a greater excitement around technological disruptions in the Title Insurance industry - blockchain, completely digital e-closing, smart contracts, and much more. FinTech's have found title insurance to be a new & fertile market for their innovations to be applied in. The ever-volatile mortgage industry is forcing Title agents/ agencies to cater to the demands of their lender clients to …

Title Agents: Is Phishing & Social Engineering Fraud affecting you?

With identified global exposure to actual or attempted losses increasing by 136% between December 2016 and May 2018, and with a median loss of $180,000 in the real estate industry, there is a reason for all real estate players, including title agents, to be concerned about falling victim to some kind of fraud. A common scam or wire fraud frequently involves hackers who fraudulently impersonate the title …