Author Archives: Carrie Bay

Carrie Bay is a freelance writer for DS News and its sister publication MReport. She served as online editor for DSNews.com from 2008 through 2011. Prior to joining DS News and the Five Star organization, she managed public relations, marketing, and media relations initiatives for several B2B companies in the financial services, technology, and telecommunications industries. She also wrote for retail and nonprofit organizations upon graduating from Texas A&M University with degrees in journalism and English.

FTC Approves Fidelity’s Acquisition of LPS Sans Oregon Assets

Fidelity National Financial, Inc., and Lender Processing Services, Inc. (LPS), have been given the green light by the Federal Trade Commission (FTC) to move forward with Fidelity's previously announced acquisition of LPS, provided the companies sell several Oregon assets that present anti-competition risks.

New Firm Launches to Support Servicers’ Compliance Needs

Servicers Compliance Group, Inc. (SCG) opened its doors for business Thursday, one day before the Consumer Financial Protection Bureau's new mortgage servicing rules go into effect. Launched by the risk management firm Lenders Compliance Group, Inc., SCG is a full-service, mortgage risk management firm, specializing exclusively in outsourced compliance solutions for mortgage servicers and subservicers.

Wells Fargo Economists’ Outlook at Odds with Recent Home Price Data

What's ahead for housing in 2014? The economics team at Wells Fargo Securities is forecasting a pull-back in investor activity, and with the fundamentals underlying housing demand, job and income growth, and household formations making only modest strides in a relatively thin market, they say to look for modest gains in home sales and residential construction, with price appreciation decelerating back into the mid to low single digits.