Bruce Maita has been named president of Financial Title Co., Folsom, Calif.He will oversee all 50 of the company's branch operations throughout California and collaborate with the executive team on management objectives in the areas of title insurance, escrow services, sales and marketing, and other personnel support services. Prior to joining FTC, Mr. Maita was president of the Sacramento division of Alliance Title Co. and national account manager for the Lender's Advantage division of First American Title Insurance Co. Financial Title can be found online at http://www.financialtitlecompany.com.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
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Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
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While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
July 11 -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
July 11 -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11