HomeStreet to cut 127 jobs in Mortgage Banking segment

If you’re one of the millions of Americans who have lost their jobs due to the coronavirus pandemic, you may need to suspend your mortg.....»»

U.S. Treasury Secretary Steven Mnuchin said only homeowners who have lost their jobs because of the coronavirus crisis will qualify for new government programs that let borrowers put off mortgage payments......»»

U.S. Treasury Secretary Steven Mnuchin said only homeowners who have lost their jobs because of the coronavirus crisis will qualify for new government programs that let borrowers put off mortgage payments......»»

For most mortgage borrowers, the first of the month is payment day. This month,on however, is a very different story. Millions of borrowers have either lost jobs or income, and are suddenly struggling to make those monthly payments......»»

Mortgage lenders are facing a drain on cash from margin calls on mortgage-backed securities that have been hedged against loss before the securities begin trading......»»

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.....»»

More Americans could lose their jobs and income as businesses cut hours or close. Experts have advice: c.....»»

Mortgage banking company Merchants Capital has stru.....»»

A year ago, JPMorgan Chase & Co. had just set a U.S. banking profit record, but the leaders of one of its most quintessential businesses were far from riding high. “Early 2019 was a depressing time... To view the full story, click the title link......»»

Lloyds Banking Group and Virgin Money pressed ahead with hundreds of job cuts in the face of union opposition, as British banks try to keep up with customers moving online......»»

British challenger bank Virgin Money is planning to cut 500 jobs as it presses ahead with cost-cutting after bulking up through the merger of Virgin Money and Clydesdale and Yorkshire Banking Group in 2018, it said on Wednesday......»»

Brendan McDermid/Reuters Wells Fargo is nearing a deal with federal prosecutors that would settle a years-long investigation into the bank's sales practices in its banking, auto lending, and mortgage divisions, The New York Times reported. .....»»

A settlement could be revealed soon involving Wells Fargo & Co. and federal authorities looking into abusive practices in the company's banking, auto-lending and mortgage businesses, according to a report from The New York Times. The newspaper n.....»»

A Beaverton outpost of a company that at one time promised it would hire 1,600 workers confirmed Monday it will close down. Mr. Cooper, a division of Nationstar Mortgage LLC, said the move will cost 301 employees their jobs. Mr. Cooper is a home loa.....»»

Analysts at Westpac Banking Corp now expect the Reserve Bank of Australia (RBA) will cut interest rates in April, rather than February, following a second month of surprisingly upbeat jobs data......»»

CEO Rick Thornberry said the move is part of the company's One Radian strategy that focuses on its core mortgage and real estate businesses while repositioning its services segment......»»

The Tax Cuts and Jobs Act makes this risk-free deal more attractive than ever — if you can afford it......»»

The Tax Cuts and Jobs Act makes this risk-free deal more attractive than ever — if you can afford it......»»

The Tax Cuts and Jobs Act makes this risk-free deal more attractive than ever — if you can afford it......»»

The 30-year fixed rate mortgage remained under 4 percent......»»