First American National Default Title Services has named David Tiberio client relations and business development manager for the company's recently launched National Residential Rental Services Division. Mr. Tiberio will report to Tim Bolger, head of NRRS, which is based in Santa Ana, Calif. He joins the existing senior management team of Valerie Clark, director of operations, and Robert Little, director of finance. In this newly created position, Mr. Tiberio will focus on marketing and new business development.
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This was the second acquisition Luminate's mortgage arm has made since the start of 2025. The bank bought NJ Lenders Corp. in April of last year.
August 21 -
The Mortgage Bankers Association lowered its refi expectations by 5% this month, as rising mortgage rates are dampening borrowers' positions.
August 21 -
A group of community development financial institutions are asking a federal court in California to compel Treasury to disburse funds from the CDFI Fund before they expire in September.
August 21 -
A proposed seven-year mandatory selloff rule aimed at institutional investors was a factor in halting momentum for new BTR development, NAHB said.
August 21 -
May's 15,855 actions are the least since September 2025, when Fannie Mae and Freddie Mac had 15,550 loans modified, forborne or otherwise dealt with, FHFA said.
August 21 -
The government-sponsored enterprise oversight chief said his agency is focusing on select fees applied to mortgages that lenders sell to Fannie and Freddie.
August 21










