The American Land Title Association has reported that its top executive, James Maher, is retiring after 23 years of service to the title industry."It has been my privilege to serve as executive vice president, and I look forward to serving in a consulting capacity," Mr. Maher said. He joined ALTA after working as a Department of Housing and Urban Development attorney, and he was a fierce critic of HUD's 2002 proposal to reform the Real Estate Settlement Procedures Act to allow the bundling of title and other settlement services. HUD later withdrew the proposal. ALTA's board of directors has formed a search committee to find a new EVP. The association can be found on the Web at http://www.alta.org.
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In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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The consumer price index ticked up last month, bolstering arguments about broad based inflation and raising the odds of a rate hike next month.
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The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
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Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
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