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Average Title Insurance Claim Cost for Fraud and Forgery is $143,000

Average Title Insurance Claim Cost for Fraud and Forgery is $143,000

by Phil Hall | May 20, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Fraud and forgery claims represent 21% of the total dollars spent by title insurers on claims expense and losses, with an average claim cost of over $143,000, according to data released by the American Land Title Association (ALTA). A new independent analysis...
Mother Lode Holding Co. Acquires Wisconsin Title Service Co.

Mother Lode Holding Co. Acquires Wisconsin Title Service Co.

by Phil Hall | May 13, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Mother Lode Holding Co., a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions and a subsidiary of First American Financial Corporation (NYSE: FAF), has acquired Wisconsin Title Service...
WFG Taps Dan Hassan at SVP and Southwest Region Manager

WFG Taps Dan Hassan at SVP and Southwest Region Manager

by Phil Hall | May 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

WFG National Title Insurance Company (WFG), a Portland-based provider of title insurance and settlement services for commercial and residential real estate transactions, has appointed Dan Hassen as senior vice president and Southwest regional manager for the company’s...
MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs

MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs

by Phil Hall | Mar 11, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The head of the Mortgage Bankers Association (MBA) has criticized the Consumer Financial Protection Bureau (CFPB) of being both “politically motivated” and ignorant regarding the closing costs process in homebuying. On Friday, the CFPB published a blog...
James Thanasules Named President of AmTrust Title Insurance Company

James Thanasules Named President of AmTrust Title Insurance Company

by Phil Hall | Jan 31, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

AmTrust Financial Services Inc., a New York City-headquartered global specialty property casualty insurer, has appointed James Thanasules as president of AmTrust Title Insurance Company. In this new job, Thanasules will oversee AmTrust Title’s operations providing...
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