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Elizabeth Warren asked the Federal Reserve this week to force the spinoff of the bank’s nonbanking operations. Wells, which was recently hit with another $250 million fine, countered that it has made significant progress in improving its risk management and addressing misconduct.

The company co-founded by former Zillow CEO Spencer Rascoff raised $125 million from investors including SoftBank Vision Fund 2.

Kelley R. Taylor is a reporter for The Bond Buyer. Previously, Kelley covered developments in tax, law, and education for Tax Notes Today, School Library Journal, and Ernst & Young. She holds a B.A. in psychology from the College of William and Mary and a J.D. from George Mason University’s Antonin Scalia Law School.

The companies talk through their products aimed at making the processes safer and more inclusive for consumers.

The number of borrowers leaving plans outweighed a smaller uptick in new requests and re-entries.

Justin Adams is the co-founder and CEO of Anduin, a technology company that helps accounting firms streamline their work-to-cash cycles, unlock time, save money, and accelerate cash flow with artificial intelligence.

The transaction could raise as much as $306 million in gross proceeds.

If confirmed, Alanna McCargo would be the first Senate-approved president at Ginnie Mae since January 2017.

August’s increase in that loan type drove refinancings to take up a slim majority share of origination volume for the first time since February, according to Black Knight.

Neil Taurins is the general manager of nonprofit solutions at Community Brands and MIP Fund Accounting. He has been with the company for more than 12 years and is passionate about working with nonprofits to provide them with solutions to improve efficiency and better help them accomplish their mission.