According to the Mortgage Bankers Association, mortgage credit availability decreased in April for the second month in a row. Joel Kan, MBA’s Associate Vice President of Economic and Industry Forecasting said mortgage credit availability fell as lenders reacted to the jump in mortgage rates over the past two months. With home prices still escalating. interest...
We recently noticed some eye-opening employment statistics in the February jobs report from the Bureau of Labor Statistics? For starters, there are reportedly 10M+ job openings in the U.S. currently, and only 6.5M people actively looking. Wow. This is an important stat for the title insurance industry to pay attention to, because when the Spring...
The mortgage industry is also talking about eClosings and RON. Naturally, one of its leading trade publications approached our own CEO, Aaron Davis for his thoughts recently. (Subscription required) A recent study by Notarize found that lenders can save up to $444 on per loan costs with full eClosings. Title/settlement firms can save up to...
AMD Enterprises’ Own Aaron Davis Talks RON, eClosings in This Month’s ALTA Title News AMD and FAN CEO Aaron Davis is a little bit bearish on RON and eClosing crossing the adoption threshold in 2022. Yet, he’s also a little bullish, too. He shared his thoughts in an article written by ALTA VP of...
It’s been an active year for mergers and acquisitions (M&A) in the settlement services space, to the surprise of nearly no one. 2020 was a record year for title order volume, leaving many firms flush with cash. Last year was a year of opportunity in a rising purchase market. This trend is expected to continue...
2021 has been a very busy year in the title industry, and not just because of the amazing order volume. As recent headlines will confirm, M&A activity continues to remain hot as the weather cools down, and will likely continue deep into 2022. Our own resident M&A expert, Aaron Davis, in addition to speaking on...
There aren’t a lot of business execs, owners or decision-makers out there who haven’t heard of the prestigious Harvard Business School’s Owner/President Management (OPM) Program. And there aren’t a lot of people…um….anywhere, who aren’t aware that Harvard Business School is one of the very best in the world. So we’d like to take a...
NTS’s own Andrea Somers (our operations manager) was recently honored by the Florida Land Title Association for her work as the Chairperson of the FLTA Cyber Security Committee and the committee’s success. FLTA’s president, in presenting the award, complimented the work of Andrea and the committee co-chair, Shelly Mannebach, as “a perfect example of putting...
A few of us recently attended the ALTA ONE convention in New Orleans. In fact, our CEO, Aaron Davis, was part of a great panel presentation which discussed how to best integrate new offices after a title merger or acquisition. Although we’ve been to a few of the first in-person conferences to be had since...
How a Realtor Lost $257,000 of Their Clients’ Money Realtor Kevin got an email from a prospective buyer who was ready to make an offer with their loan pre-approval attached. Kevin clicked the attachment to view the buyer’s documents, but there wasn’t anything there. “That’s strange,” thought Kevin, and he closed his email. What...
