The Senate confirmed Neal S. Wolin as deputy secretary and the second highest ranking official at the Treasury Department. Mr. Wolin has worked in the White House as deputy assistant to President Obama since February and previously worked at Treasury during the Clinton administration. "Neal brings a deep knowledge of the Treasury Department and strong managerial experience in both private and public sectors," said Treasury secretary Timothy Geithner. The deputy secretary worked at The Hartford Financial Servicers Group from 2001 to 2008 and was chief operating officer for property and casualty. Earlier in his career, he practiced law at Wilmer, Cutler & Pickering in Washington.
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The lender said it closed its Eleven Mortgage brand and its correspondent business to focus on retail, and did not elaborate on potential layoffs.
28m ago -
Gold Star Mortgage hasn't said whether it suffered a data breach after cybercriminals claim to have compromised over 10,000 documents from the lender.
4h ago -
The guidance reflects a mortgage servicing rights market that has broadly included the customer value in refinancing for over a decade, experts say.
4h ago -
With little action towards privatization this year, the timeline in 2027 is also narrowing as the focus shifts to the 2028 election, Bose George said.
5h ago -
A federal judge ruled that the Trump administration's attempt last year to halt funding for the Consumer Financial Protection Bureau was unlawful and unconstitutional. Two other judges have issued similar decisions.
9h ago -
GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
September 28








