Two wholly owned subsidiaries of Stewart Title Co. -- Landata Systems Inc., a technology provider, and Stewart Realty Solutions, formed two years ago to take online transaction management to the real estate and mortgage industries -- will be merged to form Stewart Transaction Solutions, Houston.Stewart Title said key technologies to be handled by the new company include the SureClose online transaction management system; the eClosingRoom electronic closing platform (developed by Stewart Title and Silanis Technology); the AIM for Windows title production system; and the TitleSearch title plant, document imaging, and search analysis systems. Mike Davis, president of Landata Systems, will serve as chief executive officer of Stewart Transaction Solutions, and Travis Wright, CEO of Stewart Realty Solutions, will serve as the new company's president and director of business development. Mr. Davis will remain as chief information officer of Stewart Title's parent company, Stewart Information Services Corp. The new company can be found online at http://www.stewarttransactionsolutions.com.
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Michael Strauss faces massive Sprout liabilities as his wife and a former associate launch a new mortgage firm, raising questions about ties to the fallen lender.
January 30 -
Preemption would hurt affordability for many, the Conference of State Banking Supervisors and the American Association of Residential Mortgage Regulators said.
January 30 -
Primelending produced a pretax loss of $5.2 million in the fourth quarter, significantly lower than the loss of $15.9 million in the same period a year earlier.
January 30 -
The high court, without comment, refused Emigrant Mortgage's appeal of a verdict holding it liable for no income, no asset verification loans to minorities.
January 30 -
Fourth quarter pretax income of $900,000 and net income of $656,000 for the segment compared with year ago losses of $625,000 and $197,000 respectively.
January 30 -
Former Fed Gov. Kevin Warsh is a relatively known quantity to financial markets, but his embrace of President Trump's agenda and the White House's own contentious relationship with the central bank make it hard to know with certainty where — or even whether — he will lead the Fed.
January 30


