"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
KGS-Alpha Capital Markets has been rebranded as BMO Capital Markets
The company entered the partnership amid a surge in loan production
A coalition of 34,000 churches says that the megabank's mortgage practices are suppressing economic growth in African-American communities
The former president expressed support for candidates promoting affordable housing
The top master and primary servicer recorded $654 billion in volume as of June 30
The company is working with Tradeweb Markets for an MBS exchange transaction point