Michael T. Henney, president of First American Corp. subsidiary Data Trace, has been named to the additional role of president of DataTree LLC, a San Diego-based First American subsidiary that provides recorded property documents.Mr. Henney has headed Data Trace, a provider of title plant services, since its inception. First American also announced that Robert Karraa, chief operating officer of DataTree, has assumed the added role of chief operating officer of Data Trace. First American can be found online at http://www.firstam.com.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
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Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
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Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
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Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
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