Morningstar Credit Ratings, LLC recently assigned its ‘MOR RV1’ residential vendor ranking to eMortgage Logic, LLC (EML), according to an announcement from Morningstar.
Read More »MERS Granted Motion for Summary Judgment in Texas Court; Lien Reinstated
The court also reinstated the MERS lien on the property, finding the lien to be "in full force and effect." MERS was seeking to reinstate a lien which it claims was improperly extinguished by defendant Kingman Holdings in the case of Mortgage Electronic Registration Systems, Inc. v. Kingman Holdings, Inc.
Read More »MCS Valuations Moves Operations from Utah to Texas, Florida, and Louisiana
MCS Valuations (MCSV) has announced the closing of its Sandy, Utah, office and the move of all of its operations to the Mortgage Contracting Services (MCS) headquarters in Plano, Texas, and MCS offices in Tampa, Florida, and Ruston, Louisiana.
Read More »Appeals Court Revives Suit Challenging CFPB’s Constitutionality
The court ruled unanimously and found the State National Bank of Big Spring "is not a mere outsider asserting a constitutional objection to the bureau" and is subject to the bureau's rulemaking powers,
Read More »Assure360 Welcomes New VP of Shared Services
Technology and outsourcing solutions firm assure360 has announced that Tracy Wierzelewski has been named the company's VP of shared services, according to the company's Chief Operations Officer, Adam Hansen.
Read More »Nationstar Posts Net Loss in First Quarter
Nationstar Mortgage Holdings reported a net loss of $48 million, or $0.53 per share, for the first quarter of 2015 compared with a net income of $19 million ($0.21 per share) for the previous quarter, according to an announcement from the Lewisville, Texas-based residential mortgage servicer on Tuesday morning.
Read More »Stewart Information Services Hires Chief Information Officer
Stewart Information Services Corp. has announced the hire of Brad Rable as the company’s chief information officer. In this role, Rable will help guide the company’s information technology transformation and he will lead Stewart’s information technology vision, strategy, and execution.
Read More »VRM Mortgage Services Names New SVP of Compliance
Carrollton, Texas-based real estate solutions provider VRM Mortgage Services has announced that Tiffany Fletcher has been named SVP of compliance to manage risk mitigation, compliance, internal audits, quality assurance, and vendor management initiatives.
Read More »MCS: Challenges of Servicing FHA Mortgages Are ‘Real, But Not Insurmountable’
In the February 2015 Mortgage Industry Outlook Report released last month by the Collingwood Group and the Five Star Institute, 39 percent of survey respondents who service Federal Housing Administration (FHA) mortgages said that the biggest challenge in servicing those loans was fulfilling the Agency's property preservation requirements.
Read More »Title365 Welcomes New Senior Executive
Lewisville, Texas-based title insurance and escrow services provider Title365 Company has announced the appointment of Aaron Fain to VP, Mid-Markets Originations Division Manager.
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