First-time claims for unemployment insurance increased 4,000 for the week ended Aug. 18 to 372,000, the highest level in a month, the ""Labor Department"":http://www.dol.gov/ reported Thursday. Economists surveyed by Bloomberg...
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WFG National Title Retains Underwriting Vet for Texas Agencies
""WFG National Title Insurance Company"":http://national.wfgnationaltitle.com/ announced that Norman E. Gutzmer has been retained to assist the company's Texas agencies with underwriting counsel. [IMAGE] [COLUMN_BREAK] Gutzmer has an extensive underwriting history,...
Read More »Former FDIC Exec Joins Overby Seawall as SVP, CCO
...and other mortgage lenders. ""Our customers face more and more complex regulatory challenges, especially as the housing markets begin to strengthen,"" said Tracey Carragher, CEO of parent company Breckenridge Insurance...
Read More »Weichert Financial Employee Promoted to CFO
...knowledge make him the ideal candidate for the position."" Founded in Chatham, New Jersey, Weichert Financial Services (an affiliate of Weichert, Realtors) offers mortgage, insurance, and move-in services to clients....
Read More »CFPB Proposes No Points, Fees Loan Option
...those, the proposals would require background checks for loan officers and bar arbitration clauses for credit insurance practices. A release also affirms an earlier rule proposal by the Fed to...
Read More »Fitch Foresees Troubles for FHA as Delinquencies Rise
Times haven't been too swell for the ""Federal Housing Administration"":http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/fhahistory. That was apparent, by some accounts, ""when the agency raised insurance premiums for lenders of single-family mortgages in February"":http://www.themreport.com/articles/fha-raises-insurance-premiums-to-shore-up-mortgage-fund-2012-02-28, a...
Read More »Stewart Title Expands with Two New California Offices
...our operations to better serve our customers."" A subsidiary of Stewart Information Services Corp., Stewart Title Co. is a global title insurance and real estate services company. It is headquartered...
Read More »Small to Mid-Size Servicers to Hurt Most from New Rules: Moody’s
...pipeline for these servicers. Changes to billing statements, adjustment notices for adjustable-rate mortgages, and evaluations for forced-placed insurance policies, for example. But none of the changes will likely near the...
Read More »Initial Jobless Claims Move Up
First-time claims for unemployment insurance edged up 2,000 for the week ended Aug. 11 to 366,000, the ""Labor Department"":http://www.dol.gov/ reported Thursday. Economists surveyed by Bloomberg had expected 365,000 initial claims....
Read More »Agencies Propose New Appraisal Rules for Higher-Risk Loans
...Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the OCC. The public has until October 15, 2012 to comment on the proposal, and details on...
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