Brent Bickett has been named president of Fidelity National Financial Inc., Jacksonville, Fla., and Alan L. Stinson, FNF's chief financial officer, has been named to the additional post of chief operating officer.FNF's chairman and chief executive officer, William P. Foley II, said Mr. Bickett has run the company's merger-and-acquisition group during numerous acquisitions in recent years, and that his appointment "exemplifies the significance that merger-and-acquisition activity will have in the future FNF holding company strategy." In his additional role as COO, Mr. Stinson will be responsible for accounting governance and oversight for "the entire family of FNF companies," Mr. Foley said. The company can be found online at http://www.fnf.com.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
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Nonbank mortgage firm Pennymac said having an in-house system gave it a leg up on implementation, while a vendor also reported progress in its systems testing.
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