Warehouse lenders stung by FGMC’s bankruptcy

Recent pleadings filed in the bankruptcy case of First Guaranty Mortgage Corp. (FGMC) show the lender left its warehouse lenders holding the bag for a mound of debt.  FGMC and its affiliate, Maverick II Holdings LLC, on June 30 filed to reorganize under Chapter 11 bankruptcy protection. Pleadings filed in the case — now pending in

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Mike Smith named CFO of Doma

Title insurance provider Doma has appointed Mike Smith as its chief financial officer, according to a Thursday announcement. Before he was named CFO on Tuesday, Smith had served as Doma’s chief accounting officer and acting CFO. “The promotion of Mike to chief financial officer is a testament to his financial

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