As part of the $140 million transaction, Arch will acquire stock from RMIC and its wholly-owned subsidiaries that together comprise Old Republic’s run-off mortgage insurance business.
Read More »FHFA Publishes New UAD Appraisal-Level Public Use File
FHFA Director Sandra L. Thompson noted, "Today's announcement exemplifies our commitment to developing a more efficient and equitable valuation system that supports liquid and sustainable housing finance."
Read More »Banks, Climate Change, and Credit; A New Perspective
New commentary from DBRS Morningstar highlights how the company looks at banks’ management of climate-related risks—in particular, from a credit perspective.
Read More »Lenders Adopting AI and Machine Learning to Improve Efficiency
Businesses are increasingly leveraging digital technologies to reduce errors and costs, speed up transactions, and drive enhanced and better customer service, according to Peter Ghavami, the VP of Modeling and Data Sciences for Fannie Mae.
Read More »Newrez Launches Onward Home Mortgage
National mortgage lender and servicing organization has established a new joint venture, lender Onward Home Mortgage, through the Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group.
Read More »Wells Fargo Taps Former U.S. Deputy Secretary of State as Vice Chairman
Thomas R. Nides will join the executive team at Wells Fargo, bringing experience as U.S. Deputy Secretary of State and COO of the U.S. State Department under the Obama Administration to his new role.
Read More »Single-Family Rental Roundtable Explores the State of SFR Markets
Five Star’s annual Single-Family Rental & Investment Roundtable on Tuesday united investors, service providers, and experts to discuss how volatile factors such as inflation, escalating interest rates, and affordability concerns impact the ongoing growth and investment opportunities within the single-family rental market.
Read More »Recognizing 30 Years of Mortgage Industry Excellence
Kim Yowell of Fairway Independent Mortgage was honored at the Keys for Life Gala in Dallas during the Five Star Conference for her contributions to the mortgage marketplace.
Read More »2023 Legal League Summit Brings Together Attorneys, Government, Servicers
The semi-annual Legal League Fall Servicer Summit was held as part of the Five Star Conference & Expo in Dallas, as the industry's foremost experts discussed the latest compliance issues facing the industry.
Read More »Wells Fargo Donates $500K to Hurricane Idalia Victims
The financial services company promises to assist Floridians who have lost their homes in the disaster and aid in the rebuilding of homes and communities.
Read More »