The First American Corp., Santa Ana, Calif., has announced the promotion of Roger Hull, the company's chief information officer, to executive vice president.The company said the promotion came in recognition of "the key role [Mr. Hull] has played in developing and integrating First American's technology and business strategies," specifically the First American Web Services offering that now provides the backbone for delivering First American's products, services, and processes. Before joining First American, Mr. Hull's 25 years of information technology experience included serving as senior technology officer for Coldwell Banker from 1992 to 1998, when he took on that same role for First American Title Insurance Co. Mr. Hull was the subject of a feature interview in the January/February 2005 issue of Mortgage Technology magazine, a MortgageWire affiliate.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
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