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First American Names New Operations Manager for Texas
First American Title promoted Steven Presti has been promoted to direct operations manager for Texas. A veteran of the title industry, Presti has held many roles with various title companies.
Missouri Man Receives 18 Months for Wire Fraud
A U.S. district judge sentenced a resident of St. Charles, Missouri to 18 months in prison following the man's June 2008 guilty plea to one felony count of wire fraud.
MBA Notes Slight Uptick in Weekly Mortgage Applications
The Market Composite Index rose 2.2 percent on both the seasonally adjusted basis and an unadjusted basis from the previous week. Yet, it remained 28.6 percent lower than it was one year ago.
ALTA Releases Title Industry's Financial Results for First Half of 2008
The American Land Title Association reported an operating loss of $204.7 million, compared to an operating gain of $64.1 million for same period in 2007.
Virginia City Council Approves the Use of Eminent Domain
The Bristol City Council voted in favor of using eminent domain to obtain construction easements for a pending sewer project if negotations with local property owners fail.