Curt G. Johnson has been named president of First American Title Insurance Co., Santa Ana, Calif., succeeding Gary L. Kermott, who recently became vice chairman of the title insurance company.Mr. Johnson was previously senior vice president and national commercial services director for First American Title. He joined First American in 1996 as vice president of builder/commercial services for the company's Phoenix branch office, the company said. Mr. Johnson was previously senior associate for Prudential Arizona Realty Commercial Services Group in Phoenix and executive vice president and designated broker for the Phoenix office of Merrill Lynch Commercial Real Estate. First American Title is a subsidiary of The First American Corp., which can be found online at http://www.firstam.com.
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JPMorganChase and Bank of America raised concerns about the proposed removal of risk-weighted assets from the denominator of the short-term wholesale funding component of the GSIB surcharge — changes backed by Goldman Sachs and Morgan Stanley.
June 26 -
House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
June 26 -
The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, marking a 4.5% month-over-month incline and 9.4% annual change.
June 26 -
ICE launched a fraud detection tool for underwriters, Newrez partnered with Matic and Rate announced a free home equity monitoring tool this month.
June 26 -
Nearly one-third of states now have official nonbank standards for liquidity, capital and corporate governance that firms over a certain threshold must meet.
June 26 -
KBW now rates UWM as outperform, and BTIG calls the stock a buy, but both cite high leverage levels and industry macro trends depressing its stock price.
June 26









