October 2019

  • Real Estate Is Changing in 2020…Are You?
  • How the Military Influences Texas Housing Markets
  • TLTA's Town Hall Lunches Continue Across the State
  • Next Gen: Title Industry Leadership Today, Tomorrow and Beyond
  • TLTA Board of Directors Gather at Camp Lucy in Dripping Springs for Orientation and Planning Meeting
  • Howeth Title Company Celebrating 150th Anniversary
  • Dustin Gaskey Joins Thomas Title and Escrow as COO
  • Bob Grubb Named Vice-Chairman of Holding Company for Alliant National Title Insurance, David Sinclair Takes Over as President
  • Texan Title Insurance Announces New Underwriting Counsel
  • In Memoriam: Lloyd C. Martin
  • A Warm Welcome to Our Newest TLTA Members
  • Upcoming Webinars

Real Estate Is Changing in 2020…Are You?

Marvin Stone – SVP, Industry Relations,Stewart Title, and Chair, TLTA Digital Closing Task Force | Oct. 18, 2019
As a title agent, you may not feel a close connection to the fast-paced world of venture capital—but that doesn’t mean there isn’t one. The fact is, record levels of venture capital have been pouring into real estate technology, or “realtech,” startups for the last couple of years. Every day, new players appear with the dream and the team to enhance or disrupt the real estate industry. Not to be outdone, many real estate and mortgage industry giants have launched their own game-changing innovation programs to protect their turf. How does all of this affect you, the title agent?
  
Here are some top trends to watch in 2020 and beyond:
iBuyers – Instant Buyers launched in 2014 and have brought a new look to the old “guaranteed sale” programs of the past. Homeowners who want to sell quickly without fixing, staging, and showing now have many iBuyer companies to choose from. Some iBuyers have over $1b in venture funding to foster innovation ranging from AI-powered market analytics to seamless app-based property showings that automatically unlock doors, turn on lights, and activate cameras.
Bottomless Brokerages – Some large brokerage firms are funded by seemingly endless amounts of venture capital. While the publicly held brokerages are pressured to produce profits each quarter, the VC-funded startup brokerages typically have a long runway before profits are expected. With big bankrolls, they often look to add mortgage and title in order to control more aspects of the transaction—and the transaction dollar.
Read More »
 

How the Military Influences Texas Housing Markets

Real Estate Center at Texas A&M | Sept. 30, 2019
Texas has a large military community that comprises active-duty service members, reservists, national guardsmen, and veterans, among others. It has the third-largest count of permanently assigned military personnel in the nation, trailing only California and Virginia. The vast majority of personnel comes from the Army and the Air Force (Figure 1).
 

 
Several Texas military installations have had declines in military personnel. This decline has not necessarily meant bad news for the surrounding housing markets, though. In fact, some cities containing large military installations have done well in terms of home sales despite drops in military personnel.

One big reason for this is the workforce composition of the military installation itself. Data collected by the Comptroller group employees as either military or civilian. At one extreme, bases such as Fort Hood and Fort Bliss employ at least 80 percent of their personnel from active-duty service members while the remaining portion comes from civilians (Table 1). The split is nearly 50/50 for Joint Base San Antonio (JBSA), while at the opposite extreme the Army depots in Corpus Christi and Texarkana are both nearly 100 percent staffed by civilians. As will be discussed later, the military has a significantly different buyer profile than the public.
 
Read More »


TLTA's Town Hall Lunches Continue Across the State

Coming together to strengthen and extend our industry's success has been the driving force behind our association since it was founded more than a 100 years ago. And, it all started with discussions just like the exchanges of ideas we're having with TLTA members all across the state.
 
Town Hall lunches featuring TLTA President Mike Savas, Leslie Midgley, and Aaron Day engaged in informal discussion with TLTA members about our association's ongoing work have been held in Bryan-College Station, Corpus Christi, Waco and Tyler, and additional town halls are scheduled throughout the fall. 
 

Leslie Midgley connects with Bryan-College Station Town Hall Lunch attendees Sept. 19; Mike Savas shares his vision for the year ahead during the town hall lunch in Corpus Christi Oct. 3
 

Mike Savas challenges attendees at the Waco Town Hall Lunch Oct. 15 to help identify and grow the next generation of industry leadership; Aaron Day recaps the 86th Legislative Session for participants during Tyler's Town Hall Lunch Oct. 16 

Next Gen: Title Industry Leadership Today, Tomorrow and Beyond

Recently TLTA President Mike Savas challenged our industry to focus on identifying and growing the next generation of industry leaders. His charge is a renewal of commitments this industry made more than a decade ago to further crucial industry priorities, including enabling women in leadership roles and ensuring the sustainability of the industry’s continued prosperity. 

Today we are proud to highlight one of the ‘Next Gen’ professionals who are stepping up to serve and lead our industry via the advancement of ideas and innovations that benefit consumers, our industry, and our state’s powerful real estate economy.

Leslie S. Johnson, who serves as Texas State Underwriting Counsel for WFG National Title Insurance Company, currently serves as Chair of TLTA’s Judiciary Committee, which is responsible for recommending to our board of directors TLTA's position on court decisions that could affect the defense of title companies and title agents. An alumnus of TLTA’s Alex H. Halff Leadership Academy in 2016, she also serves as a member of TLTA’s Legislative and Regulatory Committees, as well as the TLTAPAC Board of Trustees. 
 

 

TLTA Board of Directors Gather at Camp Lucy in Dripping Springs for Orientation and Planning Meeting

TLTA's board of directors met for an orientation and planning meeting at Camp Lucy in Dripping Springs Sept. 23-24. The orientation included a  review of board responsibilities, TLTA's tools and relationships, and the progress of ongoing projects. The group also held a strategic discussion of changes in the real estate and lending markets and how  those may affect the title insurance business as well as the role technology innovations and generational changes will have on our business. These discussions will help TLTA’s leadership focus on initiatives to prepare TLTA members to succeed in this changing landscape.
 

Topics discussed during the TLTA Board Retreat included the changing face of our industry and challenges on the horizon
 

Howeth Title Company Celebrating 150th Anniversary

Howeth Title Company is celebrating its 150th anniversary this year. Five operators have run the business throughout the years, including current owners Phil and Ruth Adams, who have owned Howeth for 25 years.
 
Read More About the History of Howeth in This Article by the Gainesville Daily Register  »
 

Dustin Gaskey Joins Thomas Title and Escrow as COO

Thomas Title & Escrow announces Dustin Gaskey as Chief Operating Officer. Dustin joins Thomas Title to take the lead on growth initiatives, strategic planning, sourcing and developing M&A opportunities, and helping to manage division market leaders. Mr. Gaskey will also play a significant role in the sales and marketing efforts at Thomas Title.
 
Read the Press Release »
 

Bob Grubb Named Vice-Chairman of Holding Company for Alliant National Title Insurance, David Sinclair Takes Over as President

Alliant National Title Insurance Co. announced today that Bob Grubb has been named the Vice-Chairman of Presidio ATC Holdco, LLC, and has passed on operational duties as President and CEO of Alliant National. Grubb will continue to be an integral part of the company as a member of the Alliant National Board of Directors and a shareholder.
 
Alliant National’s board has selected David Sinclair as President. Sinclair came to Alliant National in 2011 and has served as Alliant National’s Chief Operating Officer and Chief Technology Officer where he has been integral to the company’s operational and technological development.
 
Read the Press Release »
 

Texan Title Insurance Announces New Underwriting Counsel

Russell Sugg, EVP & COO of Texan Title Insurance Company, announced the addition of Mark Baldwin and Bruce Goldston as underwriters to the Texan Title Insurance team.
 
Mark Baldwin joins the team as Vice President, Underwriting Counsel and brings with him over 18 years of experience in the title insurance industry. Bruce Goldston, with over 20 years of experience in the title industry and over 40 years of experience as a lawyer, also joins the team as Vice President, Underwriting Counsel.
 
Read the Press Release »
 

In Memoriam: Lloyd C. Martin

We are saddened to report that long-time TLTA member Lloyd C. Martin died Sept. 24, 2019. Lloyd was a gifted title professional and attorney. He will be missed.
 
Read Lloyd's Obituary »
 

A Warm Welcome to Our Newest TLTA Members

 Agent Members
 
Lineage Title of Texas        
Contact: Ryan Sheppard        
6334 FM 2920, Ste. 210
Spring, TX 7739        
281.203.8600        
ryan@lineagetitle.com        
www.lineagetitle.com    
    
Transact Title, LLC    
Contact: Salima Umatiya        
6117 Richmond Ave., Ste. 250
Houston, TX 77496        
713.429.5436        
contracts@transacttitle.com
www.transacttitle.com
 
Strike Title        
Contact: Timothy Cameron        
4800 Dexter Dr., Ste. 200
Plano, TX 75093        
972.895.5001        
tim@striketitle.com        
www.striketitle.com
 
Alamo Title Company of North Texas        
Contact: Brenda Baker        
6225 N. State Hwy. 161, Ste. 150
Irving, TX 75038        
972.953.4580        
bbaker@dreeshomes.com
 
 
JetClosing of Texas, LLC        
Contact: Asa Tsuki Fox        
9600 Great Hills Trail, Ste. 150W
Austin, TX 78759
866.538.1000
info@jetclosing.com
www.jetclosing.com
 
Sol City Title LLC Dba Southern Plains Title
Contact: Sarah Blackburn
4902 Midkiff Rd., Ste. 201
Midland, TX 79702
432.558.8849
www.southernplainstitle.com
 
 
BCHH Title Of Texas, LLC        
Contact: Sean Bello        
6310 Lemon Ave., Ste. 250
Dallas, TX 75209        
469.317.7866
sbello@bchhinc.com 
www.bchhinc.com    
 
Patten Title Holdings #1, LLC        
Contact: Eric Fontanot        
2500 West Loop S, Ste. 500
Houston, TX 77027        
713.621.5808        
allen.berryman@pattentitle.com        
www.pattentitle.com
 
Patten Title Holdings #2, LLC        
Contact: Eric Fontanot        
2815 West Lake Houston Pkwy., Ste. 106
Kingwood, TX 77339        
832.747.4484        
allen.berryman@pattentitle.com 
www.pattentitle.com
 
Patten Title Holdings #3, LLC        
Contact: Eric Fontanot        
106 Decker Dr., Ste. 330
Irving, TX 75062        
469.202.8800        
allen.berryman@pattentitle.com        
www.pattentitle.com
 
Patten Title Holdings #4, LLC        
Contact: Lacey Warren        
3801 N. Capital of Tx Hwy., Ste. J120
Austin, TX 78746        
512.241.1818        
teaml@pattentitle.com   
www.pattentitle.com
 
Five Star Title, LLC        
Contact: Karen Schaker        
304 N. Austin St.
Seguin, TX 78155        
830.303.5555        
kschaker@fivestartitle.net
 
 
Priority Settlement Group of Texas, LLC    
Contact: Markus Overheu        
7600 Burnet Rd, Ste. 160
Austin, TX 78757        
888.339.5183        
moverheu@prioritytitleus.com        
www.prioritysettlementgroup.com    
 
Ark Title Group of Texas, LLC        
Contact: Lindsay Gordon        
2121 N. Pearl St, Office 426-C
Dallas, TX 75201        
980.219.7637        
steve.hightower@arktitletexas.com
www.arktitletexas.com
 
Texas Partners Title, LLC        
Contact: Laura Draxler        
5700 Granite Pkwy., Ste. 180
Plano, TX 75024        
972.334.9000        
vkube@texaspartnerstitle.com        
www.texaspartnerstitle.com

Championship Title
Contact: James L. Anderson, III        
8000 Centre Park Dr., Ste. 220
Austin, TX 78754        
512.982.6116        
escrow@championshiptitle.com        
www.championshiptitle.com
 

Associate Members

Zapdesk, LLC        
Contact: Venkatesh Hr        
919 N. Market St., Ste. 1401
Wilmington, DE 19801        
416.775.1919        
venkatesh.hr@zapdesk.com        
www.zapdesk.com    
 
Fifth Third Bank        
Contact: Terry Valles        
5400 LBJ Freeway, Ste. 825
Dallas, TX 75240        
972.535.0989        
terry.valles@53.com
www.53.com
 
GeoQuest Information Services, LLC      
Contact: Wesley S. Hiatt        
1714 Red Leaf Dr.
San Antonio, TX 78232        
833.848.5389        
wes.hiatt@heoquestinfo.com        
www.geoquestinfo.com
 
ChatFortress        
Contact: Benjamin Bressington        
13580 Luxe Ave., Ste. 302
Bradenton, FL 34211        
307.999.7755        
team@chatfortress.com        
www.chatfortress.com
 
 

Underwriter Members

Texan Title Insurance Company      
Contact: Patrick Doyle        
6710 Stewart Rd., Ste. 300
Galveston, TX 77551        
409.744.9784        
info@texantitle.com        
www.texantitle.com
 
Real Advantage Title Insurance Company 
Contact: William D. Burding, Jr.        
1551 N. Tustin Ave., Ste. 300
Santa Ana, CA 92705        
714.558.2836        
dschumacher@octitle.com        
www.ratic.com
 

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