News

  • Wave of mortgage job cuts continues by Ryan Smith

    The nation’s second-largest lender is cutting more than 2,000 jobs and closing 16 mortgage offices in the face of rising interest rates and flagging demand for loans

  • Big bank expects originations to fall by $32bn by Ryan Smith

    One of the nation's largest lenders expects to see its mortgage originations to drop by $32bn in the third quarter as job cuts continue

  • Housing optimism hitting a wall? by Ryan Smith

    Consumer outlook on housing growth may have plateaued as concern grows over the potential tapering of the Federal Reserve’s bond-buying program, according to a new report by Fannie Mae

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