Chicago Title Land Trust Co., a wholly owned subsidiary of Fidelity National Financial Inc., Jacksonville, Fla., has acquired the land trust business assets of LaSalle Bank NA, according to FNF.The terms of the transaction were not disclosed. The land trust assets of the bank will be merged into the operations of Chicago Title, creating what FNF said will be the largest provider of land trustee services in the Eastern United States. Chicago Title will assume more than 34,000 land trusts under the acquisition, and key members of the LaSalle Bank land trust operations will join Chicago Title. FNF can be found on the Web at http://www.fnf.com.
-
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
33m ago -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
49m ago -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
3h ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24