Kathy Reese has been named president and county manager of Cuesta Title, San Luis Obispo, Calif., an affiliate of Stewart Title Co.Ms. Reese has more than 30 years of experience in the title and escrow industry, Cuesta said. She was most recently a vice president at the company, and spent 15 years in the human resources department of Ticor Title/Chicago Title. Stewart Title is a wholly owned subsidiary of Houston-based Stewart Information Services Corp., which can be found online at http://www.stewart.com.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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