First American Real Estate Information Services has announced that Vicki Chenault has been named president of First American Flood Data Services, taking over from Robert Douglass, who will continue as chief financial officer of First American's Mortgage Information Services Group.Ms. Chenault joined First American Flood Data Services in January 1997 as vice president of compliance and was promoted to senior vice president of operations in 1998. Her previous nine years were spent in mortgage servicing with Lomas Mortgage USA. Mr. Douglass has been involved with Flood Data Services since before it was acquired by First American in 1995, and he was named president of the company in 2000, First American said. The First American Corp., the parent company of First American Real Estate Information Services, can be found online at http://www.firstam.com.
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The government guarantor aims to distinguish delinquencies reported as a result of a Federal Housing Administration rule change from broader market trends.
April 24 -
The Long Island-based regional bank, which has been in turnaround mode for two years, reduced its earnings per share guidance for 2026 and 2027. It cited an expected decrease in net interest income due to higher levels of payoffs and paydowns in commercial real estate.
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Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.
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But in its earnings release, parent company Hilltop Holdings warned its full year 2026 results are going to be impacted by things outside of its control.
April 24 -
U.S. Attorney for the District of Columbia Jeanine Pirro said in a social media post Friday morning that the Justice Department is closing its investigation into Federal Reserve Chair Jerome Powell, clearing a path for Kevin Warsh to be confirmed as Powell's replacement.
April 24 -
The bank denied Black, Latino and Asian mortgage applicants roughly twice as frequently as white applicants in North Carolina, according to a study from the Americans for Financial Reform Education Fund.
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