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The lender has cut over 80% of its workforce since late 2021 and posted an $889 million net loss in 2022, it revealed in a financial filing.
June 12 -
Real-estate owned numbers experienced a particularly large 38% rise from the previous month while filings climbed back to March levels after slipping in April.
June 9 -
A West Virginia homeowner is suing the banking giant for charges incurred when paying by phone, claiming breach of contract and violation of consumer protection laws.
June 9 -
Originations in the government-insured market also have been higher following the reduction in the Federal Housing Administration's premium.
June 9 -
Economic analysis from the real estate advisory CBRE finds that community banks are particularly imperiled by their exposure to commercial real estate loans. Others see looming risks in indirect lending.
June 9 -
The government-sponsored enterprise plans to further decentralize security services, which will enable risk management across the business, said Chita Elango, senior director of application security.
June 9 -
Residents in the five cities with the lowest scores have an average median credit score of 499.8 in 2022, according to WalletHub.
June 9 -
While she had only been with the group full-time for four years, Kristi Leo's affiliation began as a consultant back in 2013.
June 9 -
Households saw an average annual decrease of $5,400 earlier this year, but recent price trends point to some of that value returning, according to a new CoreLogic report.
June 9 -
Consumer Financial Protection Bureau Director Rohit Chopra faces tough questions next week testifying before the Senate Banking Committee and House Financial Services Committee.
June 8















