Nevada industry appointments update - 11/5/2007

National Mortgage Professional

Nov 04, 2007

Interthinx acquires NIA ConsultingMortgagePress.comMortgage consulting firms Interthinx Inc. has announced the acquisition of NIA Consulting Ltd. The terms of the sale were not disclosed. The NIA Consulting database, which includes detailed information on borrowers, brokers, appraisers and other third parties, will be integrated into the Interthinx National Fraud Protection Database and Third Party Review services, enhancing Interthinx's customers' ability to manage and monitor loan-level and third-party risk. Agoura Hills, Calif.-based Interthinx Inc. is a provider of fraud prevention, compliance and decision support tools for the mortgage industry. For more information, call (800) 333-4510 or visit www.interthinx.com. Mason, Texas-based NIA Consulting is a provider of fraud detection and forensic audit services for the home mortgage and mortgage insurance industries. For more information, call (325) 347-5295 or visit www.niaco.com.

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Nov 04, 2007

Regulation and Compliance

Fed OKs 10th Rate Hike In 12 Months

Boosts federal funds rate by another 25 basis points.

In its efforts to battle stubbornly high inflation while also balancing the needs of an unsteady banking industry, the Federal Reserve on Wednesday decided to boost its benchmark interest rate by another quarter point. The announcement came at the conclusion of the Federal ...

People On The Move

BSI Financial Hires Mr. Cooper's President, COO

Industry veteran Harold Lewis will hold the same titles at BSI.

BSI Financial Services, an Irving, Texas-based mortgage operating platform, said Wednesday it has named Harold Lewis as its president and chief operating officer. In the newly created position, Lewis will be responsible for scaling BSI Financial's platform and delivering va...