Brian Browdie

Michael Tierney Steps Aside as Flagstar's CEO
May 17, 2013 Flagstar Bancorp said that its chief executive has stepped aside after just eight months in the post.

Pacific Mercantile Takes Hit from Loan Channel Exit
May 16, 2013 Low yields and the short-term impact of a strategy shift involving its departure from an origination channel weighed on...

Wells Fargo, QBE to Pay $19M to Settle Force-Placed Lawsuit
May 15, 2013 Wells Fargo and insurer QBE have agreed to pay $19.3 million to settle claims that they overcharged homeowners in Florida on...

LPS to Pay $14M to Settle Robo-Signing Suit
May 14, 2013 Lender Processing Services has agreed to pay $14 million to settle claims the company deceived investors about its business...

Ex-Wilmington Trust Loan Officer Pleads Guilty to Fraud
May 9, 2013 A former loan officer at Wilmington Trust in Delaware is facing jail time after pleading guilty this week to bank fraud.

OptifiNow Debuts Service to Streamline Mortgage Paperwork
May 3, 2013 OptifiNow, a maker of mortgage lending software, is rolling out a service to streamline paperwork and ease compliance.

Wells Fargo Shareholders Reject Review of Mortgage Practices
April 24, 2013 Wells Fargo's shareholders have rejected a proposal that would have directed the company to review whether its mortgage...

Synovus Reports Lower 1Q Profit on Margin Pressure
April 23, 2013 Synovus Financial reported lower first-quarter earnings because of pressure on its net interest margin.

Sandy Spring in Maryland Boosted by Home Loans in 1Q
April 18, 2013 Fees from residential refinancings propelled Sandy Spring Bancorp in the first quarter.

Judge Tosses FDIC Colonial MBS Suit against B of A
April 11, 2013 A judge has ruled that Bank of America does not have to defend itself against a lawsuit filed by the Federal Deposit Insurance...