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Tag Archives: First American

Title Insurance Premiums Rise 14% in Third Quarter

Title insurance premium volume rose 14 percent during the third quarter of 2013 when compared to the same period a year ago, according to the American Land Title Association (ALTA). Based on the national trade group's market share analysis for Q3, the title insurance industry generated $3.4 billion in premiums over the July-to-September period, compared to $3.0 billion in the third quarter of 2012.

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LOGS Network Welcomes Scott Brinkley as CEO

LOGS Network announced Wednesday that it has made a strategic addition to its leadership team with the addition of Scott Brinkley as the organization's new CEO. Before joining LOGS, Brinkley held executive positions for two decades with First American and CoreLogic. He also co-founded a large claims processing business and most recently was CEO of the Illinois foreclosure law firm Pierce and Associates.

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List of Improving Markets Hits New Record

The National Association of Home Builders' Improving Markets Index--a list of areas showing sustained improvement in employment, home prices, and housing permits--reached a record high of 291 in September, according to release. ""While there is still plenty of room for growth, this is an excellent indication of how the housing recovery has begun to take hold across more geographical areas,"" ""said Rick Judson, chairman of the NAHB and a home builder from Charlotte, North Carolina.

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List of Improving Markets Trends Upward After Falling

After falling in April and May, the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) resumed its upward trend in June, NAHB reported. According to the association, the number of U.S. housing markets showing sustained growth in housing permits, home prices, and employment rose to 263 in June, five more than May's total. The index grew for several months to a record high of 274 in March before falling to 273 in April and then 258 in May.

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NAHB: List of Improving Markets Sees First Decline after 7 Months

After climbing for seven straight months, the improving markets index (IMI) from the National Association of Home Builders (NAHB) and First American fell by one market from the prior month. The index identified 273 markets as improving this month, down from 274 in March. Although the index welcomed five new markets in April, six dropped off the list. ""In some markets, the main thing that's holding back a recovery is a relatively thin inventory of homes for sale, which could be resolved if builders had easier access to credit for building homes and putting people back to work,"" said Rick Judson, NAHB chairman.

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