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Disaster recovery for mortgage servicers: Navigating crisis with compliance & resilience

Housing Wire

Lessons from California wildfires and other natural disasters Californias wildfires highlighted the chaos that natural disasters continue to unleash not just on homeowners, but also on the mortgage servicers tasked with supporting them and the insurance industry that covers the cost of rebuilding.

Mortgage 336
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4 ways to effectively train your title agency employees

Housing Wire

For title agency owners and professionals, finding the time and resources to train your team can be challenging. However, well-trained employees offer undeniable benefits, such as increased productivity , engagement and job performance. All of this ultimately leads to a more successful and competent team. ” We agree.

Training 442
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Mortgage tech firm TRAiNED hires two executives from Sales Boomerang

Housing Wire

Mortgage tech firm TRAiNED Inc. hired two executives as it looks to take the company to its next phase of development. TRAiNED named Mark Cunningham, a co-founder of Sales Boomerang , as its new CEO. Department of Homeland Security and title insurance company Charter Title.

Training 448
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Some title insurance policies protect against home title theft. Does yours?

Housing Wire

This system worked remarkably well until fraudsters developed technology to defeat the notarial process. Sophisticated printers and software turned out fake documents that could fool even the trained eye, and notary stamps, once symbols of trust, became available for purchase online. The damage has already been done.

Insurance 482
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Understanding the Surge in Title Fraud—And How to Prevent It

Appraisal Buzz

According to a survey of 783 title insurance entities nationwide conducted by ALTA and NDP Analytics, 28% of title insurance companies reported at least one SIF attempt in 2023, and 19% reported an attempt during the month of April 2024 alone. Fortunately, most SIF cases are identified and addressed before closing.

Legal 397
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6 ways title companies can harness AI

Housing Wire

While these advances are promising, it will still be up to trained professionals to interpret these alerts and take appropriate action. Train your team : Once you have a grasp on the basics of AI and how you see it fitting into your operations, equip your staff with the necessary skills to use AI tools effectively.

Tools 448
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Home inspector sees interaction from baby boomers, aging in place and reverse mortgages

Housing Wire

This was some of the perspective shared by Matt Cook, the director of business development at HomeTeam Inspection Service , who shared with HousingWire ‘s Reverse Mortgage Daily (RMD) how the growing number of older homeowners is impacting what he sees on a daily basis. But home inspectors also have reputations as alarmists, Cook said.