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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Mordor Intelligence expects the manufactured homes market size to expand from $28.5 billion in 2025 to $30.5 billion this year, its latest report found.
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Fannie Mae and Freddie Mac's support for the market lessened the impact, as could bank capital reform, and the company's normalized results outperformed.
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More than three-quarters of brokers are using popular AI platforms, but application of lender-specific software lags considerably, according to AD Mortgage.
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UWM Holdings is now bidding 70 cents more per share than CrossCountry for Two Harbors, with an all-cash option as an alternative to its all-stock proposal.
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Refinances drove growth of last year's lending activity, with both the volume share and average loan size coming in noticeably higher, according to IEmergent.
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National Mortgage News spoke with Shant Banosian of Rate, Mark Cohen of Cohen Financial and Amanda Sessa of SWBC on how they stand out in their markets.
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