Jeffrey S. Carbiener has been named executive vice president and chief financial officer of Fidelity National Information Services, Jacksonville, Fla.Mr. Carbiener replaces Al Stinson, who will retain his position as CFO for Fidelity National Financial Inc., of which FNIS is a majority-owned subsidiary. Mr. Carbiener was most recently executive vice president and group executive at Certegy Check Services. FNIS can be found online at http://www.fidelityinfoservices.com.
While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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%.
More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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.
The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
Nonbank mortgage firm Pennymac said having an in-house system gave it a leg up on implementation, while a vendor also reported progress in its systems testing.
