- Sep 16-17, 2025|San Diego, CA
When customers accepted lower rates, the lender drastically slashed its originators' compensation or cut it altogether, the lawsuit claims.
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The deal is secured by a portfolio dominated by mortgage loans considered non-qualified or exempt from ability to repay rules.
June 10
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Shelia Bair, who chaired the Federal Deposit Insurance Corp. from 2006 to 2011, said that while post-crisis reforms may have overregulated banks, the current deregulatory swing could undermine important protections and lead to another banking crisis.
June 10
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Cara Petersen, the Consumer Financial Protection Bureau's top enforcement official, said the Trump administration has "no intention to enforce the law in any meaningful way."
June 10
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Regulators' decision to lift a seven-year-old cap on the size of the megabank's balance sheet will produce benefits over the long haul, but it won't result in any sudden gains, according to CFO Michael Santomassimo.
June 10
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A former senior accountant at CrossCountry Mortgage claims she was let go from her job three years prior because of her age.
June 10
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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Deputy Treasury Secretary Michael Faulkender says Basel capital rules need to fit the U.S. economy and avoid discouraging banks from lending.
June 20
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Legislation passed in Connecticut protects homeowners from foreclosures tied to old liens that received renewed collections interest as housing values surged.
June 20
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Lipkin, who built Valley National Bancorp from a small community bank into a regional institution with 200 branches in four states, passed away this week at age 84.
June 20
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Median home prices rose by 1% to a record high, but sellers are taking lower offers as the market shifts towards the buyers' favor.
June 20
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Financial markets were shaken but not stirred this past spring, according to the Federal Reserve, as swinging stock prices and bond yields did little to bring down elevated asset prices or leverage.
June 20
