News

  • Wells Fargo scandal reminiscent of subprime crisis – Fed official by Ryan Smith

    A Fed official draws parallels between Wells Fargo’s ongoing fake-accounts scandal, while a top Democrat accuses the bank of dodging congressional inquiries

  • PHH slashes jobs by Anna Sobrevinas

    Just four years after opening an office it expected to bring up to 800 jobs to upstate New York, PHH is shutting down the location and pink-slipping almost all of its employees there

  • Morning Briefing: New home sales data disappoints by Steve Randall

    New home sales data disappoints… Illinois reports strong sales in June… Rising confidence will drive home sales says Pimco CIO… Singer Sia buys LA mansion…

  • New outlook for 2015 mortgage originations by Justin da Rosa

    The housing market recovery has shifted into a “higher gear,” according to one industry association that has ramped up its forecast for originations this year and next.

  • Originators fail TRID trivia test by Justin da Rosa

    A great number of originators aren’t prepared for the upcoming TRID deadline, according to the results of a recent compliance training exercise.

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