Patrick Carey, a former executive at Wells Fargo Home Mortgage, has been named chief executive officer of Titanium Holdings Inc., the Salt Lake City-based parent company of Titanium Solutions Inc., a provider of homeowner contacting and consulting services. Titanium Holdings also announced the promotions of Todd Sibley to chairman and Spencer Erekson, a co-founder of Titanium Solutions, to president. Mr. Carey was most recently executive vice president of default and retention operations for Wells Fargo Home Mortgage. He previously held executive positions at UNUM Life Insurance Company of America, First Card Corp., and JPMorgan Chase. Titanium can be found on the Web at http://www.titaniuminc.com.
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About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
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Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
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Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
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Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
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SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
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