Robert L. Clarke, a former U.S. comptroller of the currency, has been elected to the board of directors of Stewart Information Services Corp., Houston.Mr. Clarke, who served as comptroller of the currency from 1985 to 1992, is a senior partner of the Houston law firm Bracewell & Patterson LLP and the founder of its financial services practice. He has been a member of Stewart's advisory board since September 2003. Stewart can be found on the Web at http://www.stewart.com.
The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
