The holidays seemed to come early this year. Decorations, sales and festive music popped up long before Thanksgiving dinner was even set on the table. As we approach one of the biggest seasons of the year for philanthropy and corporate giving, I can’t help but feel lucky at Stewart, with its strong charitable philosophy engrained …Read more
To succeed in today’s regulatory environment as title and attorney agents, you must be able to show clients and prospects you have the right insurance in place to protect against theft of escrow funds. Having this insurance will not only protect the escrow funds you handle, it will help secure the solvency of your business. …Read more
As discussed in my previous post, cloud computing can offer great benefits for title agencies. Still, choosing the right vendor can be overwhelming. A little research and preparation up front can help make the transition to the cloud smooth and manageable. How long has the company been around? Make sure you are well versed on …Read more
The title industry has changed considerably over the last three years. Budgets have been cut due to economic conditions. Most title agents are allowing their title and escrow officers to work remotely to enhance work-life balance. New regulations are on the horizon. Cloud computing makes a lot of sense in this new environment where flexibility …Read more
At the American Land Title Association Annual Conference in Colorado Springs, CO, George Houghton and I had a chance to sit down with October Research’s The Title Report editor, Chris Crowell. We talked about our business, where we have been, and where we are going as an organization, especially as it relates to our independent …Read more
Let’s face it. No one likes to be audited. It’s a pain and it takes up your valuable time. Chances are, you, like many others, just plain dread that email or phone call letting you know your annual audit is coming up. Unfortunately, it’s just one of those things that must be dealt with in …Read more
The other day, I spoke to a crowded room of independent agents at one of Stewart’s agency seminars in Scottsdale, AZ. I came to talk about what Stewart does to help them with their marketing needs. If you’ve never been to a meeting of title agents, let me try to paint the picture for you: …Read more
There’s a lot of talk about “The Cloud” these days. Your eyes may glaze over at terms like cloud computing, SaaS (software as a service), IaaS (infrastructure as a service) and STaaS (storage as a service). But they all mean roughly the same thing: not knowing where your company’s data is hosted. You’ve probably used …Read more
I don’t know about you, but the past few months have been a whirlwind to say the least. CFPB is here, and has infiltrated not only my brain, but our days, nights and business operations, as I am sure it has your’s too. As I sit in task force meetings to help to prepare to help you to be CFPB compliant, I am reminded of HUD 2010 initiative.
Working through its technology committee, the American Land Title Association® (ALTA®) is common ground for title agencies and underwriters, like Stewart, to work with their peers and tech partners to solve industry compliance challenges and to grow our ability to meet the needs of our customers. Currently the ALTA Tech Committee is completing models for industry use that include title agency validation for lenders and electronic payments by agencies to the underwriter. These models incorporate industry standards for data interchange so that, for example, agency systems can talk to underwriter systems in a common way, saving expenses for system development for both agencies, and underwriters. This work also opens the door for an improved, simple standard process for payments that brings efficiencies for the agency and the underwriter. An iGuide on the value of the model and how to use it is part of the committee deliverables.