George L. Houghton Jr. has been promoted to national independent title agency director at Stewart Title Guaranty Co., a new post the company said is designed to promote a smooth delivery system for its independent agency network.Mr. Houghton, a 30-year veteran of the title industry, came to Stewart Title of Houston in 1998 as senior vice president and downtown commercial office manager. In 2000, he became vice president and district agency manager for South and West Texas. Before joining Stewart, he was president, chief executive officer, and majority owner of Fort Bend Title Co., and later worked as assistant to the president of another underwriter, Stewart said. Stewart Title's parent company, Stewart Information Services Corp., can be found online at http://www.stewart.com.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
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The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
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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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