First American Financial Corporation released the First American Loan Application Defect Index for July 2019, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications.

Wisconsin-based Waterstone Mortgage has named industry veteran Andy Peach as president and CEO. So reports the Milwaukee BizTimes.

Homebuying startup Opendoor has introduced a new mortgage lending division, called Opendoor Home Loans. So reports The Real Deal.