Tim Wilson is the new president of affiliated businesses for The Long & Foster Cos., Chantilly, Va. In this position, he oversees Long & Foster Real Estate Inc., Prosperity Mortgage Co., Long & Foster Insurance Agency Inc., and Long & Foster Settlement Services. Mr. Wilson replaces Dave Stevens, who was recently promoted to president at The Long & Foster Cos. Most recently, Mr. Wilson was executive vice president and director of wholesale lending at Wachovia Bank, Charlotte, N.C. and before that, group senior vice president and national loan manager for World Savings & Loan, Oakland, Calif.
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About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
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Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
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Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
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Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
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SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
April 17








