Sean Burton has been named president and chief operating officer of CityView, a national institutional real estate investor based in Los Angeles. Mr. Burton previously served as managing director and chief operating officer for the company. Before joining CityView, he was vice president of corporate business development and strategy at Warner Bros. and was also an attorney at O'Melveny & Myers LLP. CityView can be found on the Web at http://www.cityview.com.
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.
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
