Kroll Factual Data Inc., Loveland, Colo., and Stewart Mortgage Information Co., Houston, have announced an agreement to integrate Kroll's operations with Stewart Mortgage's title insurance products and services.The technology interface agreement will give Kroll Factual Data, a subsidiary of the Kroll Inc. global risk consulting company, a full range of title products and related mortgage settlement services, the companies said. Under the agreement, Kroll clients will be able to initiate title orders through its Web-based technology platform. The companies can be found on the Web at http://www.krollfactualdata.com and http://www.stewart.com.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
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The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
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Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
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Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
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Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
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In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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