First American Title Insurance Co. hired Kevin Wall as president of its First American Mortgage Services division.
Most recently, he served as an executive vice president for Solutionstar, a subsidiary of
Wall also has been a senior vice president of business and information services at CoreLogic and held marketing, business line operations, and portfolio management and retention positions at Norwest Financial, Wells Fargo Financial, Centex Home Equity, Saxon Mortgage and Morgan Stanley.
The regulator and conservator of two influential loan buyers with government ties is considering digital currency's increased use in qualifying borrowers.
The decision to relocate HUD headquarters comes after its current location had been included on a Trump administration cost-cutting list earlier this year.
Mortgage applications rose 1.1% last week, with borrowers most interested in FHA loans and refinancing.
The company gave no reason for his abrupt departure, which comes two months after the CEO of its parent First American Financial, Kenneth DiGiorgio, was fired.
As the Federal Reserve considers changes to the supplemental leverage ratio, Fed Board Chair Jerome Powell said that effort is one piece of a broader deregulation package that will also address the Basel III capital rules.
Nonbank mortgage companies are regulated on the state level, but multistate examinations allow for virtual nationwide and industry-wide coverage.
