American Residential Investment Trust Inc., San Diego, has completed its name change to AmNet Mortgage Inc.AmNet is the abbreviated name of its primary operating subsidiary, American Mortgage Network. In addition, the company announced that it plans to move from the American Stock Exchange, where it trades under the symbol INV, to the Nasdaq National Market System. The move is expected to take place in mid-June, at which time the company's ticker symbol will change to AMNT. John M. Robbins, chief executive of AmNet, said the company believes that listing on Nasdaq "will help us attract a broader range of investors through greater visibility." The company can be found on the Web at http://www.amerreit.com.
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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 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









