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Title insurers see business decline by 24% annually

Title insurers see business decline by 24% annually
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United statesMike nolanMortgage bankers associationFannie maeAmerican land title associationFidelity nationalDiane tomb

Title Insurance Premium Volume Down 24%

Title Insurance Premium Volume Down 24%
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Can AI launch the title industry into the future in 2024?

2024 is poised to be a year of AI exploration in the 100+ year old title industry, but how do the risks and rewards of AI stack up?

United statesBill svobodaTyler adamsCharlotte brownGenady vishnevetskySam trimbleHoyt mannFidelity national financialAmerican land title associationTitle industry reportTitle industryStewart titleClose simpleDiane tomb

Fannie Mae scraps title waiver pilot program

The GSE will not submit plans for a title waiver pilot program to the FHFA as part of its Equitable Housing Finance Plan.

United statesSteve gottheimFreddie macHousing finance agencyAmerican land title associationFannie maeEquitable housing finance plansFederal housing finance agencyHousing finance plansDiane tomb

Title premiums slipped in 2022 on lower originations

However, the 16% decline was far less than the drop in mortgage volume due to the increased share in purchase transactions.

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