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

  • Rates hit yearly high by Justin da Rosa

    The mortgage market is already preparing itself for the central bank’s eventual rate hikes, with mortgage rates hitting a nine-month high but originators shouldn’t fret.

  • Lighter side: A museum memorializing the recession by Justin da Rosa

    It may be a bit tongue in cheek, but one Time piece is calling for America’s recession to be forever memorialized in one specific state he believes contributed the most to the downturn.

  • How 203(k) loans can boost your bottom line by Donald Horne

    The introduction of the FHA 203(k) renovation loan had many clients wary of just what they were getting into – but those lenders who bought into the program from the start are today singing its praises.

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