REIData Inc., a Houston-based subsidiary of Stewart Information Services Corp., has announced the formation of two new divisions and the realignment of certain key functions.Kevin Beach, a 28-year veteran of the title industry, has been named president of the title plant services division, currently a business unit based in San Antonio, with a satellite office in Chicago. Cathy Bell, who has been with the Stewart organization for 15 years, has been appointed president of the PropertyInfo.com division. The company also announced that vice president Matthew Childress will head a new technology team to handle development and "level 2" support of the PropertyInfo.com portal and all REIData applications products, and that Tom Abbate, senior vice president for business development and strategic products, will head a new title product deployment team. REIData can be found online at http://www.propertyinfo.com.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
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The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
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The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
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Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
April 28 -
Newrez expects significant expense reductions from AI partnerships with HomeVision and Valon, as executives rule out mergers and a Rithm spinoff amid strong Q1 earnings.
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More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.
April 28







