October 2015


New TLTA Member Service Launched – Manage Your Email Preferences!

TLTA is excited to announce that we are launching a new email service to provide you with a better membership experience. We are now offering the ability to manage your email preferences so you can get the information from TLTA that you are most interested in. Simply click the link at the bottom of this email if you want to manage the types of communications you get from TLTA.
 
Our mission is to keep you informed and updated, but we also know that you are busy, and we want to make sure you are getting the emails that you want and need to do your job.
 
We'd love to hear your thoughts on this new approach at mailto:news@tlta.com?subject=The%20New%20Dateline.

Looking at Our Industry Through a New Lens

Leslie Midgley, TLTA Executive Vice President and CEO | Oct. 27, 2015
I recently had the privilege of being one of the 1000+ title industry professionals to attend ALTA’s Annual Convention in Boston. Here are a few takeaways I want to share with you.
 
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ALTA Announces New Homebuyer Outreach Program

ALTA | Oct. 9, 2015
The American Land Title Association (ALTA), the national trade association of the land title insurance and real estate settlement services industries, recently launched a new Homebuyer Outreach Program designed to increase consumer understanding of the benefits of title insurance.
 
The program provides ALTA members with resources to educate homebuyers about the benefits of purchasing an owner’s policy. The CFPB’s new integrated disclosures that homebuyers receive when buying a home label owner’s title insurance as “optional” on the new closing disclosure forms.
 
Click here to read the press release.
 
Click here to explore the Homebuyer Outreach Program (you will need an ALTA login).

Where Are the Nation's Fastest-Growing Economies? Try West Texas 

MSN | Oct. 16, 2015
U.S. metro areas are the largest contributors to U.S. economic growth. The Bureau of Economic Analysis (BEA) recently released GDP growth estimates for U.S. metro areas. Midland, Texas, led the nation by a wide margin, with its economy growing by 24.1% in 2014 — more than double the growth rate of second-place San Angelo, Texas.
 
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Baby Boomers Driving Growth

Realtor Mag | Sept. 28, 2015
The highest gains in household formation have been by 65- to 74-year-olds, who accounted for 860,000 new households alone from the first half of 2014 to first half of 2015, according to Census Bureau data. The 55 to 64 age group comprised the second highest at 391,000, followed by people over 75 years of age who formed 264,000 new households during that time period.
 
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Hackers' Latest Scam: Tricking Homebuyers into Wiring Them Settlement Funds

Washington Post | Oct. 12, 2015
This scheme is not new. But a recent resurgence of wire fraud in the real estate industry, and the increase in its sophistication, prompted the National Association of Realtors (NAR) and many national title insurance companies to issue warning bulletins to the industry.
 
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Business Matters

This month, we have two interesting business-related articles to share with you:
Cyberloafing at Work?
Why Should You Care About Branding?

John Updegraff Jr. Joins TLTA Board of Directors

TLTA | Oct. 27, 2015
TLTA would like to extend a warm welcome to John Updegraff Jr. of Old Republic National Title Insurance Company, who is joining the TLTA Board of Directors. John replaces Carolyn Monroe, who has accepted the position of president of Old Republic National Title’s Western Division and will be based in San Francisco. We look forward to having John serve on our board. Welcome, John!

First Western Title Joins First International Title

First International Title | Sept. 16, 2015
First International Title has expanded its operations into Texas with the purchase of First Western Title. With the sale, First International Title will assume control of First Western Title’s offices based in the Dallas/Fort Worth area, with branches located in Arlington, Burleson, Colleyville, Dallas and Fort Worth.
 
Click here to read the press release.

Patrick Opela Promoted to Vice President – National Markets at National Investors

National Investors | Sept. 30, 2015
Patrick Opela has joined the Texas-domiciled title insurance underwriter National  Investors Title Insurance Company as Vice President – National Markets. He will be  responsible for business development and the implementation of technology and operations  strategies.
 
Click here to read the press release.

Margaret Cook Promoted to Deputy General Counsel and Senior Vice President for Alliant National

Alliant National | Oct. 22, 2015
Alliant National Title Insurance Company announced the promotion of Margaret Cook to Deputy General Counsel and Senior Vice President. Cook is a 20 year veteran of the title insurance industry. Her most recent accomplishments include being the Immediate Past President of the Land Title Association of Colorado with additional service on the Association’s Legislative Affairs Committee and Education Committee. She is also Past Chair of Colorado’s Title Advisory Council.
 
Click here to read the press release.

Have You Visited the TLTA Career Center Lately?

Check out some of the great postings in TLTA's Career Center -- or post one for your organization! It's your one-stop shop for Texas title industry jobs. Find your next great hire today!