...New York); Sarah Sutton (Fidelity National Title Group, Cleveland, Ohio); and David Townsend (Agents National Title Insurance Company, Columbia, Missouri). ""I congratulate this extremely talent group of land title insurance...
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Flagstar to Pay $110M to Settle MBIA Securities Suit
...behalf of MBIA Insurance Corporation, which ""earlier this year"":http://www.themreport.com/articles/mbia-sues-flagstar-for-false-mbs-representations-2013-01-15 filed suit against Flagstar for allegedly misrepresenting loans packaged in securities that MBIA insured in 2006 and 2007. The transactions involved...
Read More »Seven in Kansas Charged with Mortgage Fraud
...institutions such as the Federal Housing Administration, the Federal Deposit Insurance Corporation (FDIC), and the GSEs. According to release from the ""U.S. Attorney's office for Kansas"":http://www.justice.gov/usao/ks/, Manjur Alam led the...
Read More »First-Time Jobless Claims Drop to 5-Year Low
First-time claims for unemployment insurance for the week ending April 27 dropped 18,000 to 324,000, the lowest level in more than five years, the ""Labor Department"":http://www.ows.doleta.gov/press/2013/050213.asp reported Thursday. Economists expected...
Read More »Private Mortgage Insurers Report Improvements in March
""Mortgage Insurance Companies of America"":http://www.privatemi.com/index.cfm (MICA) reported a lift in business in March, with dollar volume rising both month-over-month and year-over-year. [IMAGE] [COLUMN_BREAK] MICA member companies (""Genworth Mortgage Insurance Corporation"":http://mortgageinsurance.genworth.com/,...
Read More »Bank Failure Tally Rises to 10 After Two Weekend Closings
...million for later disposition. [COLUMN_BREAK] The estimated cost to the Deposit Insurance Fund is $18.1 million. Parkway Bank is North Carolina's first FDIC institution to fall this year. In Georgia,...
Read More »Slow Wage Growth Holds Down March Personal Income
...Government transfer payments--largely Social Security, Medicare and unemployment insurance--increased a net $3.7 billion in March, down from February's $11.3 billion monthly increase. Unemployment insurance payments dropped $4.2 billion in March,...
Read More »First-Time Jobless Claims Drop, Continuing Claims at 5-Year Low
First-time claims for unemployment insurance dropped for only the second time in the last six weeks, falling 16,000 to 339,000 for the week ending April 20, the ""Labor Department"":http://www.ows.doleta.gov/press/2013/042513.asp reported...
Read More »WFG Selects Title Industry Veteran as SVP of Compliance
""WFG National Title Insurance Company"":http://www.wfgnationaltitle.com/ (WFG National Title), a provider of title insurance and real estate settlement services for lender, commercial and residential transactions nationwide, appointed industry veteran Lee Ann...
Read More »Continental Title Expands with Acquisition of Assured Title Company
""Continental Title Holding Co., Inc."":http://ctitle.com/, a St. Louis-based independent title insurance agency, expanded its operations with the acquisition of ""Assured Title Company of Warrenton, LLC"":http://atitleco.com/. [IMAGE] Assured Title Company has...
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