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

  • How much is Wells Fargo's CEO bringing in? by MPA

    Since 2007, when John Stumpf was appointed CEO, the bank's shares have increase by about 55%. Does his pay reflect that growth, and how does it compare to other big bank CEOs?

  • Are mortgage brokers a dying breed? by

    The housing market is picking up, slowly but surely, and so is construction spending and commercial and homebuilding. But what about mortgage brokerage?

  • Chicago housing agency sitting on millions while many remain homeless by

    While thousands sit on The Chicago Housing Authority’s waitlist for affordable housing, housing agency officials have used the funds for other things, including boosting the agency's pension, purchase government debt and build up a cash reserve.

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