Fiserv Integrated Loan Services, Rocky Hill, Conn., has announced the formation of a valuation services division through the merger of its own valuation services with those of two other Fiserv companies: Case Shiller Weiss and Lenders Financial Services.The division, ILS Valuation Services, will be managed by Walter Morgan, who will be the organization's executive vice president. CSW, based in Cambridge, Mass., is a developer of home price indices and of CASA, an automated valuation model and collateral scoring system. LFS, based in Agoura Hills, Calif., is a provider of broker price opinions, fee appraisals, title services, property inspections, and related services. Fiserv Integrated Loan Services is a unit of Fiserv Lending Solutions. Fiserv can be found on the Web at http://www.fiserv.com.
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President Donald Trump administered Federal Reserve Chair Kevin Warsh's oath of office in a ceremony Friday morning. Warsh is expected to pursue changes at the central bank, including a push to reduce its $6.7 billion balance sheet.
May 22 -
Federal Reserve Gov. Christopher Waller said in a speech Friday that he favors holding interest rates steady until energy prices fall, but noted that the central bank should be ready to hike rates if inflation gets too far out of hand.
May 22 -
The lender, in addressing claims first raised by the Consumer Financial Protection Bureau, said its activities are protected by safe harbor provisions.
May 22 -
Copper Ridge Ventures has joint venture businesses with mortgage loan officers and real estate professionals using the same broker model as NEXA Lending.
May 21 -
VantageScore 4.0 has been incorporated into the existing processes at Rocket for both the retail and mortgage broker-facing origination businesses.
May 21 -
The pace of contract signings surged at its fastest in three years in a break from the more stagnant conditions of past home buying seasons, Realtor.com said.
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