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BY Brian Collins
The nonbank mortgage sector ended 2015 with 12,300 more full-time employees than in December 2014.
Wells Fargo's tentative agreement to pay $1.2 billion to resolve claims by the Justice Department that it made shoddy FHA loans is bad news for other banks that are the targets of similar probes.  more »
Mortgage REIT says five-year transition plan won't have an impact on its financing model.  more »
PennyMac Mortgage Financial Services reported a rise in income on higher servicing revenue.  more »
HSBC North America Holdings has agreed to pay $470 million to settle allegations it engaged in abusive practices in its mortgage foreclosure, origination and servicing operations.  more »
Producer Profile
Loan officers from the Top Producers rankings share some of their best career anecdotes and advice behind their success in the mortgage industry.
The deadline to submit an application for the 2016 Top Producers Survey is Monday, February 1.
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