True Stories: Hybrid, eNote and RON Implementation

Join expert panelists that will discuss the status of federal legislation, trends in digital adoption and how best to prepare your organization for the next generation of lending processes.

Spruce’s Patrick Burns on innovation in title technology

In the season finale of Housing News season 5, Spruce CEO discusses heightened investor interest in title tech, innovation and fintech adoption.

Top CFPB official “hates” QM rules, jeopardizing safe harbor

A top CFPB official in charge of the rule-making process has heavily criticized the agency's own qualifying mortgage rule, jeopardizing safe harbor.

Don’t sleep on non-QM products

Now is the perfect time for originators to consider expanding to non-QM products – to grow business, diversify their offerings and to ensure an opportunity to better serve their customers.


Missouri National Title expands footprint with acquisition

Makes Mississippi County Abstract and Loan its fourth office location

National Title and Escrow, which is based in Dexter, Missouri, announced its acquisition of Mississippi County Abstract and Loan, based in Charleston, Missouri.

This acquisition will create National Title’s fourth office, in addition to its locales in New Madrid and Little Rock, Arkansas. The purchase also includes Mississippi County’s only title plant, an important detail to Jake Nesselrodt, National Title and Escrow director of operations.

“In this case, we were notified that the longtime owner of Mississippi County Abstract was looking to sell,” Nesselrodt said. “There is a lot of history in that office, and the entire National Title team is excited about the potential relationships with Realtors and lenders in this great community. All of us are ready to put our expertise, resources and technology to work for our new customers.”

Mississippi County Abstract President Hazel Williams expressed her confidence that National Title will take care of its customers, while her daughter Becky Hearns, a 40-year company employee, has worked to ensure a smooth transition.

“The business and the residents of Mississippi County are in good hands with Jake and National Title and Escrow,” Williams said. “I’m confident they will give the residents of this county the same prompt and accurate service our clients have come to expect from us over the years, and I wish them well.”

And National Title said this acquisition is far from their last as they continue to look for more areas to expand in the near future.

“This is just the start of a chapter of growth and success for National Title & Escrow,” said Chad Gill, a principals at National Title. “With Jake leading the charge, our team is ready to grow while still making sure each one of our customer transactions are handled with the highest level of care everyone has come to expect from us.”

This news comes as mortgage title insurance premiums surged by 17.6% year-over-year in the third quarter this year to $5.1 billion, according to the latest market share analysis from the American Land Title Association.

And other title companies also capitalized on the growth environment and recently announced expansions. At the end of last year, Fidelity National Financial announced it hired a new leader as it expands its presence into the state of Georgia. And Stewart Title picked up its acquisition activity to grow its presence in Alaska.

Leave a comment

Most Popular Articles

Volume-hungry mortgage lenders loosen credit standards

Mortgage credit availability loosened up in April by 2.2%, per the MBA. The drivers were in conventional mortgages and GSE programs for ARMs and high-balance loans.

May 11, 2021 By

Latest Articles

Genworth mortgage insurance arm IPO on ice

Genworth Financial said it will delay the initial public offering of its recently rebranded mortgage insurance arm, Enact Holdings.

May 13, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please