Morris/Hardwick/Schneider, an Atlanta-based real estate closing law firm, has announced the formation of two new mortgage service divisions: National Default Services and National REO. The default services unit was established through a merger with Wittstadt & Wittstadt, a Baltimore-based law firm. M/H/S said the merger enables the firm to "offer the full spectrum of end-to-end lender services -- from loss mitigation to foreclosure to REO to resale." In addition, it broadens the area served by M/H/S and its title company, LandCastle Title, by adding Maryland, Virginia, West Virginia, Delaware, and Washington, D.C., to its existing area, which includes Alabama, Florida, Mississippi, North Carolina, Ohio, South Carolina, and Tennessee. M/H/S can be found on the Web at http://www.closingsource.net.
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The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
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However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
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OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
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President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
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Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
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