American Residential Investment Trust Inc., the San Diego-based parent company of the American Mortgage Network wholesale mortgage bank, has announced that it will soon change its corporate name to AmNet Mortgage Inc.John M. Robbins, ARIT's chief executive officer, said the company's transformation into a mortgage bank is complete. "Our goal is to link the parent company with a name that is more closely aligned with American Mortgage Network, our primary subsidiary and core business," Mr. Robbins said. The company can be found online at http://www.amnetmortgageinc.com and 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.
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