Matthew W. Morris has been named president of Stewart Professional Solutions, a newly formed support services group for Stewart Title Co. and Stewart Title Guaranty Co.The parent company, Houston-based Stewart Information Services Corp., said current Stewart home-office service centers and their associates form the core of the new group. Stewart Morris Jr., president and co-chief executive officer of the parent company, said the creation of the new unit will enable him and the other co-CEO, Malcolm S. Morris, to "shift much of our energy from support and home-office operational concerns to a major emphasis on our customer base, office profitability, strategy, and the needs of our changing market." Stewart can be found online at http://www.stewart.com.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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