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
The company recorded the increase primarily due to a reclassification of loans
Rates for the 30-year fixed-rate mortgage drifted up for the second straight week
Marcus Powell brings reverse mortgage call center experience to the company
The late MoMA curator is often credited with turning the institution's collection from a treasure into a powerhouse
The new cuts are on top of the 950 jobs already slashed after the bank announced its exit from the mortgage business
The combined company expects to change its name to Mr. Cooper Group Inc.