A federal judge has sentenced a Florida title company owner to 27 months in prison after he pleaded guilty to embezzling mortgage lenders’ funds. Processing Content Jonathan Yasko, 47, of Winter Springs, Florida, committed wire fraud between 2021 and 2023, diverting lenders’ funds in real estate transactions to other accounts, according to prosecutors. That included […]
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Alanna.ai and Settlor today announce a collaboration to develop technology solutions aimed at helping title and escrow companies comply with new federal reporting requirements under the Financial Crimes Enforcement Network’s (FinCEN) anti-money laundering rule (AML). The partnership integrates Alanna.ai’s compliance tools with Settlor’s provider-agnostic title production system, giving title professionals multiple options for managing FinCEN-related
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Propy — a tech company using artificial intelligence (AI) and blockchain to automate real estate closings — announced it has secured a $100 million credit facility from Metropolitan Partners Group. Financing will be used to consolidate title and escrow companies into an AI-powered, end-to-end closing platform. According to Propy, transaction costs can approach 10% of
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Chris Heller has joined PLACE as its chief revenue officer, a newly created role. The company said Heller will oversee revenue strategy across its technology and services portfolio — including pricing, customer acquisition, retention and cross-platform integration. His responsibilities will also include improving revenue performance across existing business units and identifying new growth opportunities across
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First American Title is offering customers a free property title monitoring and fraud alert service, citing growing concerns about real estate crime and identity-based property theft. The service alerts homeowners to new public record filings — such as deeds or liens — that could affect property ownership. Losses tied to cybercrime exceeded $13.7 billion in
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New Venture Escrow has opened a new office in Los Angeles, expanding its operations into one of the nation’s largest real estate markets. The independent escrow company said the new location will be staffed by escrow officers Marcine Kline and Carmen Alvarado — two longtime professionals in the Los Angeles area. The duo brings decades
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Titl, a technology company focused on automating title verification, has raised $2.5 million in seed funding to expand beyond Florida and increase operations nationwide. The round was led by Cofounders Capital and FIT Ventures — with funds supporting expansion into Georgia, Maryland and Connecticut Plans also call for operating in nearly 20 states by the
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A title industry startup aiming to cut closing time and costs for homebuyers via blockchain technology finds itself on the receiving end of a new venture capital raise to support its expansion. Processing Content Titl, a Miami-based fintech, announced a seed funding round of $2.5 million, which was led by Cofounders Capital and FIT Ventures.
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Williston Financial Group (WFG) and Gold Capital Partners have formed a joint venture to launch Metro United Title and Escrow, a new title and settlement services company that will begin operations in Arizona. Metro United Title and Escrow is scheduled to expand into additional states in early 2026. WFG is providing technology, operational support and
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As the title insurance industry moves into 2026, executives say it faces a complex mix of market pressures, regulatory shifts and escalating fraud risks. Leading executives who sat down with HousingWire are focusing on technology, operational efficiency and agent support — aiming to keep operations resilient while preparing for market recovery. Ryan Swed, group president
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