George S. Livermore, president of First American Real Estate Solutions, has been named to the additional post of president of The First American Corp.'s Property Information Group.In that position, Mr. Livermore will oversee Data Trace and Data Tree as well as the group's staff, First American said. Mr. Livermore became president of First American RES in 1997, when Experian (formerly TRW Information Systems & Services) merged its real estate information businesses with First American's Real Estate Information Services Division. He began his career in real estate information in 1984 at Dynacomp, which was later acquired by TRW. First American RES is based in Anaheim, Calif.
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Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
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Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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