With Order Volume Down, Successful Title Businesses Collaborating With Other Agents in Many Ways to Maintain Revenue FOR MANY SETTLEMENT SERVICES BUSINESSES, 2023 HAS BEEN A CHALLENGING YEAR. Although there will certainly be a rebound at some point, the most successful firms and owners have rolled out several new strategies to bolster revenue until then....
FAN and Closingsuite.com Founder and CEO Aaron Davis and COO Mike LaRosa were approached recently by RESPA News for their thoughts on building a successful JV or ABA title operation. You can see the full articles here (subscription required). As we’ve been saying, affiliated businesses are the hot topic right now. In a soft market,...
This piece originally appeared in the June 2023 edition of MortgagePoint magazine, online now. It took longer than expected to gain traction, but there is little doubt that digital closings are on the way to becoming the preferred form of settlement for the majority of mortgage lenders. Although many felt the pandemic-fueled boost to the remote online notarization...
There’s no hiding from it at this point. We’ve entered a significant market downturn and the likelihood of recession is high. But, as we’ve said repeatedly, that doesn’t mean the world is ending, either. It’s been a while, but we’ve weathered numerous down cycles in the past. And as far as we’re aware, no economists...
The title insurance industry has been ripe for mergers and acquisitions since the national underwriters began gobbling up smaller underwriters and agents across the country decades ago. After the Great Recession decimated the real estate industry, picking up the pieces in the title insurance industry led to a lot of shifting of assets and territories...
NTS is blazing new trails! We’ve recently introduced our RON services into the Texas market! As reported by American Land Title Association, Network Transaction Solutions (NTS), a multi-state provider of title support services including remote online notary (RON) recently introduced its RON services in Texas. NTS has completed nearly 1,000 RON closings in Texas since...
The annual National Settlement Services Summit (NS3) took place earlier this month, and FAN and AMD were there in full force! While it’s always great to see old friends and make new partners and contacts, it’s also useful to check out the content…especially after having a year or so without many in-person events. Here’s what...
