Shannon Cobb

Shannon is a seasoned innovator and trusted leader in the Mortgage and Settlement Services industry. Prior to his tenure as Chief Operating Officer at reQuire, Shannon held senior executive positions at WFG National Title Company and LandAmerica Financial Group.

How Blockchain Will Revolutionize Document Recording

When most people hear the word “blockchain,” they think about cryptocurrencies like Bitcoin. But blockchain technology is about much more than alternative currency. In fact, it’s poised to make a huge impact on the real estate industry—especially when it comes to document recording. But first, what is blockchain? Generally speaking, a blockchain is a public ledger technology that consists of “blocks” of individual transactions, each one with a unique timestamp. These blocks are linked together – like a chain – in

reQuire Real Estate Solutions now Offers Municipal Lien Searches

Did you know that reQuire now offers Municipal Lien Searches as part of our Search Services offering? Why stress over all that comes with the pre and post-closing process in a real estate transaction, when reQuire has the products and tools to simplify your operation? What is a Municipal Lien Search? A Municipal Lien search will investigate unrecorded liens or special assessments from the City, violations, permits, taxes and utilities associated with the property.  These types of charges leveled by local

Three Steps to Preventing Wire Fraud at Closing

As financial crimes go, wire fraud during real estate closings is probably the most despicable. Recently, a Colorado couple lost $272,000 in proceeds from the sale of their home that they planned to use to buy their new home. They not only lost the money, but the new home as well. According to the FBI’s Internet Crime Complaint Center, complaints about wire fraud scams jumped 480 percent in 2016. The actual figure is believed to be much higher since crimes are

Fidelity Buys Stewart Title: What Does It Mean?

Shockwaves went through the title world when Fidelity National Financial announced its plan to acquire Stewart Information Services Corporation for $1.2 billion in cash and stock. The marriage between two of the four largest title insurance providers could have a significant impact on lenders, third-party providers and consumers. Here are three quick takeaways. The nation’s largest title company just got even bigger. Jacksonville, Florida-based Fidelity has led the title insurance market since 1999, when it acquired Chicago Title Co. and furthered

Wire Fraud and Identity Theft At Closing End Here

You’ve seen the headlines: Scammers Are Conning Homebuyers Out of Their Down Payment FBI Reports Home Closing Wire Fraud is Spiking Cyber crime has hit an epidemic level in the lending, real estate and title industries, and with our experience bringing certainty to the closing process, we decided we needed to try to participate in the solution. We understand that our clients are always seeking the tools to provide value-added services and security to their clients. That’s why today we’re proud

Blockchain Technology: Time to get used to this game-changer!

We recently came across a fantastic article in MReport about the potential impact of blockchain technology on our industry. You may have heard of blockchain as it related to Bitcoin in the past year or two.  Or you may not be familiar with it at all.  Suffice it to say, blockchain is potentially disruptive technology which could eventually have a massive impact on the way we issue title insurance, clear clouded title and record transfers of deed.  In theory, blockchain technology