Griff Straw, a veteran of 30 years in the mortgage banking industry, has joined appraisal management company Solidifi U.S., Chicago, as the company's president. Most recently he was a regional vice president for United Guaranty and prior to joining that company worked for Freddie Mac where he held management roles on several technology-related initiatives. In his new job, Mr. Straw will lead Solidifi as it looks to expand on its valuation services offerings in this country. Solidifi U.S.'s parent company is headquartered in Toronto and has been in business since 2004; in October 2008 it entered the U.S. market.
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The drop in the annual metric for FHA loans was the biggest in over four years but other performance indicators ICE Mortgage Technology tracked were mixed.
July 24 -
NJ Lenders suffered a cyberattack last August, which potentially exposed the names and social security numbers of about 30,000 individuals.
July 24 -
Its origination volume of $621.8 million was an increase of $114 million compared with the first quarter but its gain-on-sale was 5 basis points lower.
July 24 -
The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.
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Though the crimes occurred earlier this decade, they highlight how much easier it has become to create false documents today, given the rise of artificial intelligence.
July 24 -
The "stay-put" economy, along with higher mortgage rates, is responsible for this shift where home equity and seconds have a 17.5% market share, Benutech found.
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