Showing posts from March 15, 2009

Cybersoft Selects Technology Partner for Title Insurance Outsourcing Market

SAN FRANCISCO, March 18, 2009 /PRNewswire via COMTEX/ ----Cybersoft, Inc., an established Business Process Outsourcing ("BPO") provider to many strategic industries, announced today that it has selected CentRealTech, Inc. as its technology partner to provide Cybersoft with a significant advantage in their Best Shore Methodology for outsourcing to the Title Insurance Industry. Cybersoft is using the One Click System from CentRealTech as the key technology component to their onshore/offshore title production offering. Cybersoft has also taken advantage of the deep title industry experience provided by CentRealTech for training and support of Cybersoft's experienced and well educated BPO staff. The combination of the resources within Cybersoft, along with the continuing support of CentRealTech as their title industry expert, will allow Cybersoft to provide more than just a very capable solution to the title industry; it will allow Cybersoft to far exceed their custome…

Advantage Title Launches While Also Unveiling Industry-Best Online Resource for Title Insurance and Escrow Services

New Title Insurance Company, Employing Title365™, Delivers Industry-Changing Combination of Centralized Product Fulfillment, Faster Turnaround of Title, Escrow, and Default Services, and Tomorrow’s Technology Today IRVINE, Calif.--(BUSINESS WIRE)--Founded by a group of leading settlement service veterans and technology innovators, Advantage Title, the most technologically advanced nationwide provider of title insurance, settlement, and default services, has brought to market Title365, a highly integrated and extremely user-friendly online transaction management tool for real estate related services. Operating as an underwritten title agent, Advantage Title employs a refreshingly efficient centralized processing and fulfillment model that stands in stark contrast to the technology-stagnant, paper-intensive systems and time-intensive, manual services commonplace to large, decentralized competitors. Resid…

Free: Real Estate & Title Insurance Trends

Distressed Owner Transactions: Common Questions

Thomas A. Glatthaar, senior vice president and senior underwriting counsel with Fidelity National Title Insurance Company, writes that for a while there it seemed like the real estate market in the New York metropolitan area was going to fly high forever, but it teetered with the economy in the early to middle parts of 2008, and then slid precipitously by the end of the summer. Now, he laments, the good times seem like long ago.

Buying More Than the Building

Paul Salvatore, a partner at Proskauer Rose, and Brian Rauch, a senior associate at the firm, write that by carefully reviewing labor and employment issues when conducting pre-purchase due diligence, a purchaser can avoid significant liabilities and costs related to the purchase of a building. By dealing with these issues before a sale is completed, they advise, a purchaser can ensure that any potential liabilities are reflected in the purchase agreement and that it is fully prepared fo…