Stewart Information Services Corp. in Houston has terminated Jason Nadeau, group president of the company's mortgage and title services, according to
Nadeau was group president since 2012 and during his second stint at the company starting in 2007, according to his
In July, Stewart
Stewart declined to comment on Nadeau's termination.
In its latest financial stability report, the Federal Reserve warned high equity valuations and low levels of liquidity could leave the financial system vulnerable to shocks.
Freddie Mac is offering a municipal bond option for investors in its ML multifamily securitization offerings starting with its December issuance.
Investors bought 15.9% of U.S. homes sold in Q3, according to Redfin, a level similar to 2018 and 2019, when the share was around 14%.
The development is the latest in an ongoing series of initiatives the Department of Housing and Urban Development has introduced to encourage growth of the factory-built construction segment.
Serious mortgage delinquencies are at their highest since May 2023, and early payment default activity is also a concern, ICE Mortgage Technology said.
A federal court ruled the plaintiff wants "sweeping reforms the court is powerless to give."
