Q1 was good to Bank of America, which posted a 40 percent increase in overall net income. Loan revenues, too, were up, as was consumer and global banking. But total [...]

Two federal banks are forecasting a slowdown in GDP growth this quarter, with the Atlanta Fed predicting it to hit its lowest point in three years. The drop is a [...]

According to former Representative Barney Frank (D-Mass), the elimination of the Consumer Financial Protection Bureau would be “very unpopular.” Rather than eliminate the bureau, he hopes that for legislation will [...]

The National Association of Home Builders (NAHB) and Wells Fargo reported a solid market for new single-family homes in the April NAHB/Wells Fargo Housing Market Index (HMI). NAHB reports that [...]

In the wake of President Trump’s proposed cuts to the Department of Housing and Urban Deployment (HUD), including the complete elimination of funding to the Community Development Block Grant (CDBG), [...]

Credit Plus, a provider of intelligent insight for mortgage professionals, announced today its credit reports are available through Ellie Mae’s point-of-sale solution, Encompass Consumer Connect, an extension of their Encompass [...]

Orange County, California-based LRES has named Mark R. Johnson as Chief Strategy Officer. LRES provides residential and commercial mortgage services including valuations, REO asset management, and HOA and technology solutions. [...]

Fortune 500 company Assurant, Inc., has named Jerry Rowell as managing director of Assurant Field Servicers, under the Mortgage Services Group. The post Assurant Names New Managing Director appeared first [...]

Plutos Sama, LLC has entered in to negotiations to acquire the Hunoval Law Firm, PLLC, which provides default legal services in North Carolina, South Carolina, and Virginia. According to a [...]