Curt A. Caspersen has been named chief operating officer of First American Title Insurance Co., Santa Ana, Calif.First American said Mr. Caspersen joined the company in 1986 and has held various sales and executive posts, most recently executive vice president and director of national lenders services and, since May, senior executive vice president. First American Title is the largest subsidiary of The First American Corp., which can be found on the Web at http://www.firstam.com.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
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Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
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Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
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The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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