Ronald D. Rice has been named director of operations at Houston-based Stewart Default Solutions, a wholly owned subsidiary of Stewart Mortgage Information.Mr. Rice will report to SDS president C. Alan Paylor. He was most recently chief operating officer of the Houston office of Barrett Burke Wilson Castle Daffin and Frappier LLP, where he was a leader of the firm's Houston bankruptcy division. Mr. Rice previously served as vice president of loan administration for Bank United, focusing on default management, real estate owned, and outsourcing relationships. He was also vice president of loan servicing at Mellon Mortgage, and senior vice president and servicing manager at North American Mortgage Co. SDS can be found online at http://www.stewartdefaultsolutions.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.
September 24









