A Fed official draws parallels between Wells Fargo’s ongoing fake-accounts scandal, while a top Democrat accuses the bank of dodging congressional inquiries
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
Should you be distancing yourself from the term ‘mortgage broker’, or wearing your broker badge with pride against those that would unfairly make your profession the scapegoat for the financial crisis?
The trial of a former Fannie Mae employee accused of soliciting kickbacks for foreclosure listings has begun in California
Mortgage investors appear set to take Ocwen to task on what they've branded "servicing abuses"
The bill deciding the future of Fannie Mae and Freddie Mac is due within days, and has been hailed as a bipartisan agreement
The nation's largest mortgage lender last year beat its nearest competitor handily, originating more than twice as much new business
A major lender has shut down its wholesale division, but has said it will focus its efforts on correspondents