Net branching company 1st Metropolitan Mortgage, Charlotte, N.C., has selected LandAmerica Financial Group, Richmond, Va., to be its vendor for mortgage processing services.The mortgage broker said it expects to roll out LandAmerica's mortgage processing services to 250 of its branches nationwide during the first quarter. Daniel Jacobs, chief operating officer of Empire Equity, the owner of 1st Metropolitan, said his company "has been working hard to find a processing partner to help our branches succeed."
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Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
49m ago -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2









