The bank announced about 1,000 job cuts across the country – about 900 of which will be from its home lending unit
The California representative is expected to take over the House Financial Services Committee
One big bank’s quarterly results confirm what many had already feared – that smaller players are likely losing out to their larger counterparts in one very valuable mortgage market segment.
As the big banks continue to release their quarterly economic performance, originator eyes will be fixed on mortgage business – and one leading bank’s results were more solid than expected.
Federal Reserve Chairwoman Janet Yellen provided an upbeat assessment of the economy Wednesday, leading some to believe she is priming the country for an interest rate hike.
First the good news: the average risk of home price declines over the coming two years remains low. The bad news? If you live in an oil-producing state, you are at risk of a price decline.
A new paradigm is emerging surrounding how a business should respect the stakeholders that are essential to its long-term prosperity.
Refi outpace purchase mortgage applications… Maryland, Houston increase sales… Jennifer Connelly’s former Brooklyn home sells for $12.4 million…