Ermete Vestri, former CEO of Aegis Funding Corporation and COO and chief credit officer of Finance America, and John Pumpelly, former CFO of Ocwen Solutions, have partnered with other mortgage and consumer finance industry veterans to form Clariant Solutions, Inc.

Sojourners Title Agency LLC, an affiliate of Cincinnati-based Reisenfeld & Associates LPA, LLC, recently announced the hiring of George W Tolliver II as general counsel.

As the economy continues its crawl toward recovery, the upcoming Labor Day holiday could mark a turning point in a job market that has reached one of its lowest points in decades.

Long-term mortgages rates fell again this week, according to a survey released Thursday by mortgage financier Freddie Mac.

With the deepening mortgage crisis came a flood of foreclosed homes repossessed by lenders.

Sources in Washington say Senate Banking Committee Chairman Christopher Dodd (D.-Connecticut) is mulling a bill that would radically pare down the Federal Deposit Insurance Corporation, the Federal Reserve, and other government agencies, installing a single government regulator in their place to oversee all financial institutions.

The risk of default on mortgages remains high as rising unemployment offsets the positive impact of lower or stable housing prices, University Financial Associates (UFA) said in its latest quarterly Mortgage Report.

Despite a dip in long-term mortgage rates, the number of people applying for a mortgage fell 2.2 percent last week, according to a weekly survey released by the Mortgage Bankers Association (MBA) Wednesday.

Alan S. Wolf, president and managing attorney of The Wolf Firm, A Law Corporation in California, has been selected for inclusion in The Best Lawyers in America 2010 edition, published by Woodward White.

Seattle-based Zillow.com recently announced the launch of a co-branded real estate Web site, in conjunction with Seattlepi.com, which will be powered by Zillow.