DJ Horn stopped by Pioneer Title of Arizona – Vineyard office to visit with staff while visiting Arizona this month!
Texas Title Company of Plano pulls their first ICL! Shown here is Syndi Tolliver, George Stablein, Jamie Barker and Suzanne Tinsley.
The results for the first quarter are in, and we at First National Title (FNTI) are very excited.
While there are multitudes of ways to judge one’s success, this blog will talk about FNTI’s performance by way of market share. Just as you might judge your performance by market share in your respective markets, FNTI is no different in this arena and we have some great news.
FNTI has moved up to number 6 among our competitors in Texas with an increase in market share of 1.2 percent in the past year (0.9 percent in the past three months alone).
Nationwide, we are only .02 percent away from cracking into the Top 10, which is an amazing accomplishment after only four years in business.
The best thing about this benchmark is that it is 100 percent because of YOU, our FNTI agent. It is with your support that these things can be accomplished.
We look forward to what the rest of the year brings.
George Stablein and Suzanne Tinsley provided three hours of MCE in a Country and Western themed event, complete with line dancing, in El Paso.
PLANO, Texas – First National Title Insurance Company (FNTI) is now licensed and fully operational in the state of Florida.
“First National’s growth strategy is to expand our territory to select states with strong networks of independent agents, solid title premiums, and low claims. In early 2015, we determined that Florida met this criterion. We then spent a majority of the year developing the strategy necessary to succeed in that market,” stated FNTI President Chris Phillips. “We have the staff and processes in place to grow a network of independent agents looking for an underwriter who shares their entrepreneurial spirit and dedication to succeeding in this competitive market.”
With the addition of Audra Tyler as plant manager and the underwriting services of local Tampa attorney, John Redding, we are prepared to grow the First National Title brand throughout the Florida market. DJ Horn is leading this team of experienced title veterans and has plans to expand both the agent network and, as demand increases, title plant personnel.
“Florida has a large number of independent agents looking for a supportive, agent-driven underwriter. The overall real estate market has fully recovered and the growth potential for an underwriter that does not compete with any of the independent agents is enormous. We intend to be the underwriter of choice for a large group of like-minded, entrepreneurial agents,” DJ Horn added.
FNTI has consistently grown at a rate of over 30 percent each year, and this rapid expansion creates an opportunity to further increase our market share with the addition of key people. Jamie Barker, formerly with RamQuest, recently joined the agency staff as assistant vice president and agency support services. Jamie’s primary role is to increase software efficiencies in our agents’ operations. Another staff addition is Heather Stubbs, who joined the FNTI team in a data entry and agent support role.
First National continues to focus on our primary goal of supporting the independent agents with increased staff and services and will serve their needs wherever we do business. For additional information about the company, please visit the website at www.fnti.com.
Jamie Barker has been a big help in assisting our family of agents on their software issues. Shown here is Jamie helping out with order entry at Texas Title in El Paso.
Q: Can “successors and assigns” and/or the “ISAOA” acronym be inserted on an Insured Closing Protection Letter issued in Texas?
A: No, that is not allowed in Texas and would be viewed as an impermissible alteration of a promulgated form by the TDI. However, the Texas ICPL contains the following language, with emphasis added, that includes an assignee or warehouse lender among the parties protected by the coverage of the letter:
Blank Title Insurance Company (the “Company”) agrees, subject to the Conditions and Exclusions set forth below, to reimburse you for actual loss incurred by you in connection with closings of real estate transactions conducted by the Issuing Agent, provided:
(A) title insurance of the Company is specified for your protection in connection with the closing;
(B) you are to be the lender secured by a mortgage (including any other security instrument) of an interest in land, its assignees or a warehouse lender;
In ALTA states, different versions of the Insured Closing Protection Letter are utilized, but all versions contain the following or substantially similar provisions:
“You” or “Your” means the Addressee of this letter, the borrower if the Land is solely improved by a one-to-four family residence, and subject to all rights and defenses relating to a claim under this letter that the Company would have against the Addressee,
(i) the assignee of the Insured Mortgage; and
(ii) the warehouse lender in connection with the Insured Mortgage.
FNTI’s monthly webinar hits the road. This month George Stablein and Suzanne Tinsley presented from Sabine Title Company in Orange, Texas, home of our Chairman of the Board, Bill Shaddock. Pictured is George with some of the friendly people of Sabine Title. Thank you for your hospitality, and we hope we have another invitation to come out again soon.
This past week, we had the opportunity to attend the New Mexico Land Title Association Conference where one of our outstanding agents, John R. Fox, was honored with the 2015-16 Omer F. Tucker Citizen of the Year Award. John is an attorney, president, and owner of Southwestern Title & Escrow in Santa Fe, New Mexico. He is a native of Santa Fe and started practicing law with his father, Robert Fox, in 1978. John’s legal practice has focused on real estate, title insurance, transaction exchanges, trusts and estates, and small business.
One of the most common leadership skills that is often overlooked is listening effectively. John has to be one of the best listeners I have ever met. He intentionally listens and is the first to bring a group back on track, mainly because he is fully ENGAGED and devoting his full attention to the meeting. When a person engages, he holds himself accountable to the subject at hand and is not sidetracked by other variables; i.e. phone emails, texts, or other distractions. John misses nothing. His employees created a video for him to watch following the awards ceremony. I don’t know what was in the video, but I’m sure it contained a very heartfelt message. They clearly respect his leadership and love him dearly.
First National Title Insurance Company is proud to have John Fox and Southwestern Title & Escrow as an agent. He is an example to us all on how to be a better leader. Congratulations John!
When First National Title Insurance Company (FNTI) was created, we knew we would eventually expand to other states. We also knew that we would select states with strong networks of independent agents, solid title premiums, and low claims.
Last year, we identified Florida as our next target and spent a majority of the year developing the strategy to succeed in that market. I am pleased to announce that FNTI is now licensed and open for business in the great state of Florida. We recently added our first Florida employee, Audra Tyler, as our plant manager. Audra’s title examination experience is originally from Texas, but after moving to Florida a few years ago, she learned all the nuances of examining Florida real estate. She is excited to join the team, and we are glad to have her. Audra will be supported by local Tampa attorney, John Redding. John has the varied experience of running his own law firm and title agency and has also worked as underwriting counsel for a national underwriter. We currently have John on retainer. DJ Horn is leading this team of experienced title veterans and has plans to expand both the agent network and title plant personnel as demand increases. He saw the opportunity and potential to grow FNTI in Florida and has turned his plan into a reality.
Florida has a large number of independent agents looking for a supportive, agent-driven underwriter. The overall real estate market has fully recovered, and the growth potential for an underwriter that does not compete with any of the independent agents is enormous. We intend to be the underwriter of choice for a large group of like-minded, entrepreneurial agents.
Our entire team is dedicated to this successful venture. As we grow our network, we will manage the staff and look for talented individuals that share our vision and plans for the future. This is a great time to be in the title insurance industry, and we are confident in our vision. It is the independent agent that drives the market in Florida, and FNTI is now there to support their efforts.
FNTI grows when you grow your business. So thank you for allowing us the opportunity to help you expand your business. And, thank you for your continued support this year.