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HomeStreet to cut 127 jobs in Mortgage Banking segment

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 13th, 2018

How a Jacksonville native is leading HomeStreet Bank"s mortgage division through challenging times

The HomeStreet Bank senior executive vice president is in a tough spot as the mortgage banking industry shrinks. She said her team's "We love hills" credo will help them come out on top......»»

Category: topSource: bizjournalsNov 23rd, 2018

Women Who Lead: If there’s a hill, she wants to climb it

The HomeStreet Bank senior executive vice president is in a tough spot as the mortgage banking industry shrinks. She said her team's "We love hills" credo will help them come out on top......»»

Category: topSource: bizjournalsNov 21st, 2018

HomeStreet Cost Cuts Should Result In Higher 2019 Earnings, Analyst Says In Upgrade

A tough mortgage banking environment will likely lead to cost savings initiatives from HomeStreet Inc (NASDAQ: HMST), which should result in an improved 2019 earnings outlook, according to B. Riley FBR. Latest Ratings for HMST DateFirmActi.....»»

Category: blogSource: benzingaJun 11th, 2018

IBM cuts 310 jobs in NC after sale

Big Blue is cutting more than 300 jobs in Durham, news disclosed just days after the announced sale of its Seterus mortgage serving platform. A layoff notice to the state notes that the 3039 Cornwallis Road facility will “permanently” close, .....»»

Category: topSource: bizjournalsJan 11th, 2019

Wells Fargo debuts banking app for Texas Uber drivers, gig workers

Wells Fargo has created a banking app designed for the income volatility that comes with driving for Uber, delivering for Postmates or working other gig-economy jobs. The bank created the standalone Greenhouse app to allow consumers to simplify th.....»»

Category: topSource: bizjournalsDec 20th, 2018

Wells Fargo debuts banking app for Uber drivers, other gig workers

Wells Fargo has created a banking app designed for the income volatility that comes with driving for Uber, delivering for Postmates or working other gig-economy jobs. The San Francisco-based bank created the standalone Greenhouse app to allow cons.....»»

Category: topSource: bizjournalsDec 19th, 2018

Mortgage company to invest $24M, create 1,000 jobs in Lancaster County

ServiceMac, a mortgage subservicing company, is moving its operations to a 100,000-square-foot office in Bailes Ridge Corporate Park in Indian Land. The move is expected to create 1,000 jobs in the region over the next five years. ServiceMac is .....»»

Category: topSource: bizjournalsDec 19th, 2018

Regions Financial on Track to Save Costs, Fee Income a Woe (Revised)

Regions Financial's (RF) cost saving efforts, higher interest rates and loan growth will support profitability, while dismal mortgage banking performance is a major con.....»»

Category: personnelSource: nytDec 18th, 2018

Standard Chartered axes over 200 jobs in India: source

Standard Chartered Plc has laid off over 200 employees in India in its retail banking division, as more customers move to digital services, a person familiar with the matter told Reuters on Thursday......»»

Category: topSource: reutersDec 13th, 2018

October New-Home Sales Are Hit by Sharpest Drop Since 2017

Rising mortgage rates, higher material and labor prices, as well as a tax law passed in 2017 contributed to the lackluster performance in the segment of the housing market that helps drive economic growth through construction work......»»

Category: smallbizSource: wsjNov 29th, 2018

The 2008 Mortgage/Financial/Banking Crisis Changed Everything

The 2008 Mortgage/Financial/Banking Crisis Changed Everything.....»»

Category: topSource: seekingalphaNov 25th, 2018

Millennials drive homeownership higher despite rising mortgage rates

Homeownership rate for Americans under 35 reached 36.8% in Q3, highest since 2013. Better jobs and higher pay offset rising mortgage rates a.....»»

Category: topSource: usatodayOct 30th, 2018

How AI Is Shaking Up Banking and Wall Street

Artificial intelligence could be picking your stocks and approving your mortgage. Meet Your New Robot Mortgage Lender ONE THEORY HAS ARISEN in the decade since the subprime mortgage crisis: Machines may be bett.....»»

Category: europeSource: fortuneOct 22nd, 2018

The Wall Street Journal: J.P. Morgan Chase laying off about 400 mortgage employees in 3 states

J.P. Morgan Chase is laying off about 400 employees in its consumer mortgage banking division as parts of the market slow down, The Wall Street Journal reported, citing people familiar with the matter......»»

Category: topSource: marketwatchOct 5th, 2018

JPMorgan laying off about 400 mortgage-banking employees, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 5th, 2018

J.P. Morgan Chase laying off 400 in mortgage banking unit--WSJ

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchOct 5th, 2018

Chinese Banking Giant Issues $1.3 Billion in Securities on a Blockchain

A state-owned commercial bank in China has completed the issuance of mortgage-backed securities worth $1.3 billion using a blockchain network......»»

Category: forexSource: coindeskSep 27th, 2018

Bellwether secures $34M for affordable housing in Bronx, Harlem and Long Island

Bellwether Enterprise Real Estate Capital, the mortgage banking subsidiary of .....»»

Category: realestateSource: realestateweeklySep 13th, 2018

Wells Fargo is cutting 600-plus mortgage jobs as that business slows

Wells Fargo & Co. is cutting 638 mortgage employees, in.....»»

Category: topSource: latimesAug 24th, 2018

​CBJ Morning Buzz: More Wells Fargo layoffs in Charlotte region; Cyberattack hits local restaurant

In local news: Another 101 employees in the Charlotte region are losing their jobs as Wells Fargo & Co. (NYSE: WFC) continues to trim its slowing mortgage business. News reports from multiple cities indicate the local cuts are part of a national dow.....»»

Category: topSource: bizjournalsAug 24th, 2018