Michael B. Skalka has been named president of Stewart Title Guaranty Co., the primary underwriter of Houston-based Stewart Information Services Corp.Mr. Skalka will remain as chairman of Stewart's international group, where he has served since 2005. He has 30 years of experience in the title insurance and real estate industries, Stewart said. Mr. Skalka joined Stewart in 1988 as founding president of Stewart Title Insurance Co., founded Stewart's United Kingdom underwriter in the early 1990s, and became STIC's chairman in 1993, the parent company said. Stewart can be found online at http://www.stewart.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 -
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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