QNB Corp. Reports Third Quarter Net Income Oct 22, 2008
In addition, QNB provides retail brokerage services through Raymond James Financial Services, Inc. and title insurance as a member of Laurel Abstract Company LLC. This press release may contain forward-looking statements as defined in the Private Securities Litigation Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. (PR Newswire)
IBERIABANK Corporation Reports Third Quarter 2008 Results Oct 22, 2008
Factors that compressed noninterest income on a linked quarter basis included lower levels of title insurance income (down $0 ... IBERIABANK Corporation IBERIABANK Corporation is a multi-bank financial holding company with 153 combined offices, including 87 bank branch offices in Louisiana, Arkansas, and Tennessee, 30 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 36 locations in eight states. (PR Newswire)
Governor Rendell Signs 2 Bills, Vetoes 2 Others Oct 18, 2008
Not surprisingly, PAID and PIDC agree with DGS's assessment and PAID has, over the course of the past couple of years, made transfers of land and has granted long-term leases and development contracts to private entities based on that belief In addition, title companies have recently issued millions of dollars of title insurance with respect to those transfers and grants, also based upon PAID's title to the property. PIDC and PAID further assert that if Senate Bill 740 becomes law, the title... (PR Newswire)
Entrepreneurs take spotlight at RAP breakfast Oct 18, 2008
Kuckelman added the issuance of title opinions and title insurance to Keokuk Abstract Co., making it a one-stop shopping entity. Kuckelman said he has made a huge capital outlay with Hotel Iowa that will work its way through. (Keokuk Daily Gate City, IO)
Palm Bay Council Seat 3 candidates speak Oct 14, 2008
Michele PaccioneAge: 46Occupation: Licensed escrow/title agent of Florida and First American Title Insurance Co.Years in Brevard: 18Education: Attended C.W. Post College in Greenvale, N.Y.; Space Coast School of Real EstatePolitical experience: Member, Palm Bay Community Advisory Board; worked on local campaigns for four years. Other experience: 15 years of retail management; seven years as Realtor, Pruitt Real Estate; title agent/assistant manager for the past nine years with Security First... (Florida Today)
Bridge Bancorp, Inc. Reports Third Quarter 2008 Results Oct 14, 2008
Title insurance services are offered through the Bank's wholly owned subsidiary, Bridge Abstract. The Bridgehampton National Bank continues a rich tradition of involvement in the community by supporting programs and initiatives that promote local business, the environment, education, healthcare, social services and the arts. (Primezone Releases)
Local business thrives on recorded history Oct 10, 2008
Title insurance is assurance of the marketability of property, said Jeanne ... Title insurance is assurance of the marketability of property, said Jeanne. (Forest Republican, WI)
Lennar Corporation Declares Quarterly Dividends Oct 8, 2008
Lennar's Financial Services segment provides primarily mortgage financing, title insurance and closing services for both buyers of the Company's homes and others. Previous press releases and further information about the Company may be obtained at the "Investor Relations" section of the Company's website. (PR Newswire)
Real Estate Investor: More Duties Oct 7, 2008
The title insurance company will search for all the recorded deeds, mortgages, liens, easements, and other interests in the property ... When the title company is satisfied that the seller can pass clear title to the investor, it will issue a policy of title insurance that protects the investor from claims that the title that passed was not marketable and free of encumbrances. (Suite101.com)
PRC candidate exchange set for Oct. 21 Oct 7, 2008
The , which has five commissioners, is the largest regulatory body in the state and has oversight over areas such as telecommunications, motor carriers and insurance industries, including title insurance. The PRC is also responsible for the registration of all corporations doing business in New Mexico. (New Mexico Business Weekly, NM)
Put the economic blame on the GOP Oct 4, 2008
They even set up their own lending institution as a non-profit mortgage brokerage with CitiMortgage, Bank of America, First American Title Insurance Company, and Fannie Mae to help low- and moderate-income families find safe, affordable mortgages. . (Coos Bay-North Bend The World, OR)
Industry Notes Oct 3, 2008
Chicago Title Insurance of Oregon leased 6,582 square feet of office space at Pacwest Center, 1211 S.W. Fifth Ave., Portland, from Ashforth Pacific. Brandon Frank, Grubb & Ellis Co., represented the lessee. (OregonLive, OR -- Business)
Acquiring Knowledge about Your Marketplace Oct 3, 2008
Also, if you live in a state where sellers provide title insurance to buyers, the title companies often conduct market trend reports that allow agents to better understand the marketplace they are working in. Published: October 3, 2008. (RealtyTimes)
The Valley's priciest home sales Oct 3, 2008
The home was sold by Chicago Title Insurance Co., as trustee under Trust 4020 for the James A. Larkin Trust. James Larkin is CEO of Village Voice Media, publisher of the New Times alternative newspapers. (AZCentral -- Business)
Coast Guardsman in line for award in Bering Sea rescue Sep 24, 2008
Milam's wife, Deb, lives in Soldotna and works for First American Title Insurance Co.. "I love it over there -- the weather is a lot better than Kodiak," Milam said. (Anchorage Daily News)
Triangle companies on SEC 'no-shorting' list Sep 20, 2008
Other local and regional institutions on the list are Chapel Hill-based Investors Title Insurance Co.; , which owns Durham-based ; in Wilmington; and Elizabeth City-based , which operates six branches and an administrative office in Wake County. Of those institutions, only Gateway, which recently wrote down $40 million in and exposure, has been experiencing heavy short-selling in recent weeks. (Raleigh Triangle Business Journal, NC)
> Real estate digest: Hillcrest buys Mpls. site, France Place for sale Sep 19, 2008
The building is now 97 percent full, with tenants including , , Charles Schwab & Co. Inc., and Old Republic National Title Insurance Co.. Firm eyes Chaska for senior campus. (Twin Cities Business Journal, MN)
Real Estate Investors Need Experts Sep 18, 2008
In some states, buyers and sellers of real estate routinely use the services of attorneys for the entire transaction; in other states, a representative of the title insurance company handles the final phase, the closing of title. Nonetheless, investors, particularly inexperienced ones, should not be swayed by the desire to save money by foregoing legal representation. (Suite101.com)
North Lake Agreement pushed back Sep 18, 2008
Monday], we realized that so many things have to come together between the surveys and the title insurance and all these other documents and exhibits that we were not going to make [today's] deadline, said Sid Grant, assistant CISD superintendent for business and support services. That was a very ambitious date to meet. (McKinney Courier-Gazette, TX)
The Closing Advantage out of business Sep 18, 2008
We were a title insurance agency and a settlement company and performed administrative services at the direction of the institutional lenders, she said. Shoemaker said she settled because she didn t feel it was (her) job to take on the State of New York for the entire settlement industry. (Buffalo Business First, NY)
Final North Lake Agreement extended Sep 17, 2008
Yesterday, we realized that so many things have to come together between the surveys and the title insurance and all these other documents and exhibits that we were not going to make tomorrow s deadline, said Sid Grant, assistant CISD superintendent for business and support services. That was a very ambitious date to meet. (McKinney Courier-Gazette, TX)
Former Somerville real estate lawyer indicted for mortgage fraud Sep 16, 2008
As the agent for a New England title insurance company, Carey allegedly issued title insurance policies during the deals. Title insurance policies protect lenders in the event that there are defects in the title of the property and therefore, the title insurance company and not the mortage lenders suffered the financial loss in the scheme. (Somerville Journal, MA)
Letters for Friday, September 12, 2008 Sep 13, 2008
Once covenants such as those affecting Farviews have been recorded, they remain on the land records, but title insurance policies which in sure title to real estate now routinely contain a provision which states that the title company does not insure any racial covenant which purports to affect the property. Racial covenants relating to real estate may be safely ignored. (Missoulian, MT)
First American Title Insurance Company to Establish Direct Operations in Colorado Sep 10, 2008
Sept. 9 /PRNewswire-FirstCall/ -- First American Title Insurance Company announced today that it is establishing direct operations in the state of Colorado ... About First American Title Insurance Company First American Title Insurance Company, the largest subsidiary of The First American Corporation (NYSE: ), traces its history to 1889 ... SOURCE First American Title Insurance Company. (PR Newswire)
Judge lets Mercury Cos. pay employees' back wages Sep 9, 2008
That includes $5 million received from the sale of Mercury s Colorado title company operations to Fidelity National Title Insurance Co. of Jacksonville, Fla. in mid-August, according to a brief filed by the company. (East Bay Business Times, CA)
Update Regarding Hurricane Gustav Impact Sep 5, 2008
This includes 90% of the Company's bank branch facilities, 94% of Title Insurance offices, and 92% of Mortgage locations ... Daryl G. Byrd, President and Chief Executive Officer of the Company, commented, "Hurricane Gustav brought significant rain, wind, and anxiety to our region. Clean-up efforts and resumption of commerce will take a little time. They will be completed due to the patience, hard work, and determination of our people in the affected communities. Lessons learned from prior... (PR Newswire)
VIST buys Fisher Benefits Sep 5, 2008
offers banking, insurance, investments, wealth management, and title insurance services throughout Berks, southern Schuylkill, Montgomery, Delaware, Philadelphia and Lancaster counties. Reader Comments. (Philadelphia Business Journal, PA)
City Council accepts land donation Sep 5, 2008
City Attorney Steven G. Howard recommended that the city obtain title insurance for the properties. A motion was made by Alderman Dean Young and seconded by Alderman Julie Moss to accept the donated land subject to the city's acquiring title insurance. (Newport Daily Independent, AR)
LDD expands into U.S. market with unique online title insurance platform Sep 4, 2008
" "ATGF participates in tens of thousands of transactions each year involving complex and constantly changing U.S. real estate laws", Condie noted. "With the new EPIC online platform, attorneys will be even better prepared to deliver service that protects buyers and sellers against hidden or unforeseen title problems that can jeopardize real estate investments," he added. "ATGF has more than 45 years of experience in real property transactions and this initiative represents a true breakthrough... (Canada Newswire)
Jeanette M. Rogan Sep 3, 2008
She worked for many years at Commonwealth Title Insurance. She was an avid bridge player and enjoyed working crossword puzzles. (Muscatine Journal, IO)
Obituaries for Sept. 2 Sep 2, 2008
Charles F. Devine Jr., 60, of Chester Heights, a church deacon and former vice president of Chicago Title Insurance Co., died Aug. 29 at the Hospital of the University of Pennsylvania ... Most recently, he was vice president of Chicago Title Insurance Co., and was former assistant vice president of Commonwealth Land Title Insurance Co. His memberships included Delaware County Bar Association, Knights of Columbus. (The Delaware County Times, PA)
Labor Day Special: Their first jobs Sep 1, 2008
Spradling s first summer job at age 16 was a gap checker for a title insurance company in Oklahoma City. I was just an office gofer, he said. (Montrose Daily Press, CO)
The First American Corporation to Present at Keefe, Bruyette & Woods 2008 Insurance Conference Aug 30, 2008
The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Information and Outsourcing Solutions, Data and Analytic Solutions, and Risk Mitigation and Business Solutions. More information about the company and an archive of its press releases can be found at. (PR Newswire)
Hartford Title and Penner Law Firm Team Up to Offer Mobile Real Estate Closing Services Aug 29, 2008
About Penner Law Firm, LLC Penner Law Firm, LLC is a full service firm that provides legal representation for residential and commercial real estate matters pertaining to: for sale by owner real estate transactions, foreclosure and foreclosure bailouts, zoning and land use, wills and estate planning, probate and estate administration, banking law and compliance as well as multi-state title insurance and real estate closing services. Penner Law Firm provides legal representation for families,... (Yahoo News -- Press Releases)
Alliance Title, Financial Title parent files for bankruptcy Aug 29, 2008
The largest unsecured claim at $17 million comes from Santa Ana-based First American was Alliance s and Financial s largest title insurance policy underwriter. Mercury says the debt is in dispute. (San Jose Business Journal, CA)
State Shuts Down Omaha Escrow Company Aug 27, 2008
The audit also alleged Guardian collected title insurance premiums from consumers, but did not forward them to the insurance company. The insurance company, United General, terminated its relationships with three guardian title employees who worked as agents. (7 KETV Omaha)
Carey indicted in connection with stealing over $2 million from mortgage lenders Aug 26, 2008
Carey was also the agent for a New England title insurance company, which allowed him to issue title insurance policies on mortgage transactions he processed. Title insurance policies protect lenders in the event that there are defects in the title of the property ... Authorities further allege that Carey issued title insurance policies or commitments in connection with the transactions, and the lenders were therefore protected. (Medford Transcript, MA)
Donegal Mutual Insurance Company Announces Plan to Acquire Conestoga Title Insurance Company Aug 23, 2008
Aug. 22, 2008 (GLOBE NEWSWIRE) -- Conestoga Financial Corporation and Donegal Mutual Insurance Company announced today that they have signed an agreement whereby a subsidiary of Donegal Mutual will acquire all of the outstanding capital stock of Conestoga Title Insurance Company and its affiliated companies that provide various title insurance services from Conestoga Financial Corporation. The acquisition has been approved by the Commissioner of Insurance of the Commonwealth of Pennsylvania and... (Primezone Releases)
Buying Or Renting? Make Most Of Economy Aug 22, 2008
These mortgage fees are also called settlement costs or closing costs, and cover every expense associated with a home loan, including inspections, title insurance, taxes and other charges. A good-faith estimate is intended to be used to compare different quotes from different lenders or brokers; it is not the final costs as they could be higher or lower. (KFOXTV.com, TX)
NextAce(R) Ranks No. 488 on the 2008 Inc. 500 With Three-Year Sales Growth of 642.4% Aug 21, 2008
"These are the most innovative, dynamic, fast-growing companies in the nation -- the ones coming up with solutions to some of our knottiest problems, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can't live without. The Inc. 500 list is Inc. magazine's tribute to American business ingenuity and ambition." NextAce, a Business Process Optimization (BPO) company, provides automated software applications that benefit the title... (PR Newswire)
Private road in Cameron causes fuss Aug 21, 2008
Frank wrote on Aug 20, 2008 6:40 PM:" If you read your title insurance policy, unless they have specifically exclude coverage of access to a public road, they have insured that you have access to a public road. (This is in the standard ALTA policies) I would give your title company notice of a claim and let them fight with city hall and the developer. ". Post A Comment. (Cameron Observer, MO)
Fast action can prevent home loss Aug 17, 2008
- Learn the process of a proper sale and ensure the necessary people are involved: closing attorney, appraiser and title insurance company. ROD CARNES, A DEPUTY commissioner at Georgia's Department of Banking and Finance who oversees non-depository financial institutions. (The Augusta Chronicle)
Bankruptcy court approves WCI relief package Aug 12, 2008
Authorizes the issuance of required title insurance policies. Determines that deposits and other funds received and held in trust were not subject to the bankruptcy and are to be applied only according to the parties' agreements and applicable law. (South Florida Business Journal, FL)
The Jay Turner Group joins Republic Title Aug 12, 2008
Title insurance policies and rates are exactly the same at every title company in the state of Texas, Turner said ... We also educate real estate agents and sometimes lenders on the nuances of Texas title insurance. (McKinney Courier-Gazette, TX)
New housing law adds needed protections for seniors seeking reverse mortgages Aug 10, 2008
Except for title insurance, hazard, flood, or other such products, lenders are prohibited from requiring borrowers to purchase insurance, annuities, or other similar products as a condition of getting a reverse mortgage. Part of the reason the housing act included a provision for reverse mortgages was out of concern that seniors were inappropriately - and sometimes fraudulently - being sold other financial products. (Boston Globe)
Insurance commissioner monitoring Mercury Cos. deal Aug 9, 2008
announced that it had sold four local title insurance agencies Security Title Guaranty Co., United Title Co., First American Heritage Title and Title America Inc. to Fidelity National Title Insurance Co. of Jacksonville, Fla. a major nationwide underwriter. (Denver Business Journal, CO)
Mercury sells Colorado title companies Aug 8, 2008
-based Fidelity, a title insurance underwriter, will purchase Security Title, First American Heritage Title, Title America and United Title, as well as the Impact title operating system that those businesses use. The acquisition makes Fidelity the market share leader in Colorado s title insurance industry, Fidelity President Raymond Quirk said in a statement ... abruptly shut down operations in California, Arizona and Texas, and said it was negotiating with First American Title Insurance Co. to... (Denver Business Journal, CO)
Investors Title swings to second quarter loss Aug 8, 2008
The sluggish real estate and investment markets combined to send to a loss in the second quarter, the Chapel Hill title insurance company revealed Thursday ... 1 million, as the slumping residential real estate market limited the number of housing sales, reducing the need for new title insurance to be sold. (Raleigh Triangle Business Journal, NC)
Investors Title Company Announces Second Quarter 2008 Results Aug 7, 2008
Investors Title Company is engaged through its subsidiaries in the business of issuing and underwriting title insurance policies ... Anchor Title Agency is a full-service agency for the Chicago Title Insurance Company with a network of title searchers in all 21 New Jersey counties. (Primezone Releases)
Fidelity National Financial, Inc. Announces the Acquisition of Mercury Companies Colorado Operations Aug 6, 2008
Aug. 5 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. (NYSE: ), a leading provider of title insurance, specialty insurance, claims management services and information services, today announced the acquisition of all of the state of Colorado title insurance operations of the Mercury Companies, Inc. The acquired operations, which include Security Title, First American Heritage Title, Title America and United Title, generated approximately a 30% market share during 2007 and have a... (PR Newswire)
Morning briefs Aug 6, 2008
Jacksonville-based Fidelity National Financial Inc. expanded its business in Colorado on Tuesday, acquiring the title insurance operations of Denver-based Mercury Companies Inc.. The acquired operations include Security Title, First American Heritage Title, Title America and United Title. (Florida Times-Union)
Millage rate set at max 3.9236 Aug 5, 2008
80 bid to Heritage Title Services of Live Oak for title report and title insurance services to be paid with CDBG funds housing. Article Rating. (Lake City Reporter, FL)
Mercury in talks to sell Colo. operations Aug 5, 2008
said late Friday that it is negotiating to sell its Colorado title agencies to First American Title Insurance Co.. The announcement comes less than a week after Denver-based Mercury Cos. (Denver Business Journal, CO)
WCI looks for Chapter 11 bankruptcy protection Aug 5, 2008
At the same time, WCI would like funds deposited by buyers in First Fidelity, WCI s title insurance company, to be distributed at closing. With the bankruptcy filing, WCI is withdrawing its offer to exchange $125 million of 4 percent contingent convertible senior notes that would have been due in 2023. (Tampa Bay Business Journal, FL)
WCI succumbs to mortgage crisis files for Chapter 11 reorganization Aug 5, 2008
The company also has asked the court to confirm that all funds deposited by buyers in First Fidelity, WCI s title insurance company, can be distributed at closing. Recreational amenities and services at each of the company s clubs and community associations also will continue, Fry said. (South Florida Business Journal, FL)
To limit mortgage closing costs, ask questions Aug 4, 2008
Making comparisons more difficult, some lenders bundle the cost of the settlement process, offering a flat rate for the title insurance as well as other services ... The settlement firm oversees the technical details of closing, arranges a title search to ensure that there are no problems and acts as an agent for a title insurance company ... Title insurance protects the lender and home buyer in case ownership is later challenged or an unknown debt related to the property emerges. (San Francisco Chronicle)
Old Republic Loss Widens to $364.7 Million on Costs for Accounting Change Aug 3, 2008
Title insurance, which protects homebuyers from claims against their ownership of a property, has declined with U.S. home sales amid the worst housing slump since the 1930s. More than 252,000 properties, or one in 501 U.S. households, entered a stage of the foreclosure process in June, RealtyTrac Inc., a seller of default data, said last month. (Bloomberg -- US)
Old Republic Reclassifies Unrealized Losses in Equity Investment Securities to the Income Statement Aug 2, 2008
1 Title insurance 179 ... 1) Title insurance (4 ... About Old Republic Chicago-based Old Republic International Corporation is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages primarily in the property lity, mortgage guaranty, and title insurance fields. (PR Newswire)
Arizona Title Agency shuts its doors, 50 employees affected Aug 2, 2008
Arizona Title's underwriter, First American Title Insurance Co., is gathering all files, closing escrow funds and will conduct any pending closing transactions. First American is the county's largest underwriter. (Phoenix Business Journal, AZ)
Hampton Roads Bankshares Announces Second Quarter Financial Results; New Hilltop Branch in Virginia Beach Aug 2, 2008
Shore Bank serves the Eastern Shore of Maryland and Virginia through eight banking offices and twenty-two ATMS. Through its affiliates, Shore Bank also offers title insurance and investment products. Shares of Hampton Roads Bankshares' common stock are traded on the NASDAQ Global Select Market under the symbol HMPR. Additional information about the Company and its subsidiaries can be found on the Web at. (Primezone Releases)
Title fight over $17.6 million Aug 2, 2008
First American Title underwrites title insurance. First American reported a loss of $3. (San Jose Business Journal, CA)
Continue reading Aug 1, 2008
First Title is insured by First American Title Insurance. A comment could not be reached by calling either company. (Selma Enterprise, CA)
Developing problems in Silver Spring Jul 31, 2008
Jimmy wrote on Jul 30, 2008 10:14 PM:" The answer is TITLE INSURANCE. This is a classic example of why you SHOULD purchase title insurance. Hopefully they all did. ". Steve wrote on Jul 30, 2008 12:05 PM:" http://www.fullertonlaw.com/11MLinPA.php#j"Because an owner has no defense of payment and can be required to pay for a project twice, most owners and lenders on residential projects under one million dollars will require that general contractors waive the subcontractors right to lien. (Carlisle Sentinel, PA)
LandAmerica Reports Second Quarter 2008 Results Jul 30, 2008
Such risks and uncertainties include: -- the Company's results of operations and financial condition are susceptible to changes in mortgage interest rates, the availability of mortgage financing and general economic conditions; -- changes to the participants in the secondary mortgage market could affect the demand for title insurance products; -- the Company is subject to government regulation; -- heightened regulatory scrutiny of the Company and the title insurance industry, including any... (PR Newswire)
Four Steps to an Effective Network Jul 30, 2008
Often, this is someone in a complementary business--for instance, a massage therapist might link up with a chiropractor, an interior designer with a contractor, a financial consultant with an accountant and a title insurance provider with a real estate agent. Decide how you'll seek out possible new connections. (Entrepreneur)
