What Is the Title Industry Really Selling? - TJ Harrington | S3E20

Listen as Stewart Lender Services Senior Vice President TJ Harrington challenges and reframes the way the title industry thinks about itself during this episode of October Research’s Keys to Real Estate podcast, with host Mary Schuster. The two subject matter experts explore what business title companies are really in, why the industry's invisible work creates enormous value, discuss questions that linger about attorney opinion letters (AOLs) and the pilot programs offered by Fannie Mae and Freddie Mac, and why the true value of title insurance has never been a more important story to tell. This isn't another discussion about AI replacing jobs or title alternatives. It’s a conversation about why title insurance exists in the first place.Chapters:2:31 - Changing landscape: title industry in 10 years6:15 - The role of automation and AI in title manufacturing10:42 - How title premiums are structured and risk premiums need updating15:10 - Industry pilots from Fannie Mae and Freddie Mac explained20:14 - ROI on AI investments: Success stories and future potential24:56 - Data ownership, AI training, and intellectual property concerns30:05 - The importance of trust and relationships in a high-trust businessGet In Touch…Guest email: [email protected] email: [email protected] find more episodes of “Keys to Real Estate” or learn more about October Research – the nation’s leading independent provider of market intelligence, industry news, expert analysis and regulatory information for professionals in the real estate, title, financial and settlement services industries – visit https://www.octoberresearch.com.Episode sponsored by First American Trust – https://www.firstamtrust.comEpisode produced by October Research – https://www.octoberresearch.com