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Detroit Housing's Ups and Downs

Bank of America Invests $3M Toward Detroit Housing

Bank of America has announced that it will be investing $3 million in Detroit neighborhoods aimed at helping homeowners and small-business entrepreneurs, as...
Zach Oehlman

How to Start A Bank With Little to No Money – Zach Oehlman

Have you ever wondered why the tallest buildings in a city are banks and financial institutions? It is because they understand money and...
Gateway First Bank adds new chief credit officer

Gateway First Bank adds new chief credit officer

Gateway First Bank, one of the largest banks in Oklahoma, announced Tuesday that the company is bringing on Deirdre Cherry as its chief...

HomeStreet Bank fined for kickbacks to real estate agents, homebuilders

Over the course of this year, HomeStreet Bank moved away from the mortgage business, selling off much of its retail mortgage origination business,...
Bank of America raising minimum wage to $20 per hour sooner than expected

Bank of America raising minimum wage to $20 per hour sooner than expected

Every Bank of America employee will earn at least $20 per hour by the end of the first quarter of 2020, more than a year...
Executive Changes to Flagstar Bank

Executive Changes to Flagstar Bank

John Gibson Flagstar Bank has named John Gibson National Sales Director for its Third Party Originations Division. In this position, he is responsible for...
Multifamily loan concentration is no weakness, this bank says

Multifamily loan concentration is no weakness, this bank says

Malaga Financial in Palos Verdes Estates, Calif., is comfortable being contrarian.At a time when many community banks are determined to diversify their loan...
Maleesa Smith

U.S. Bank brings on Peter Gordon as head of emerging payments product and strategy...

U.S. Bank has hired industry veteran Peter Gordon as executive vice president of emerging payments product and strategy, the company announced late last...
BofA

Bank of America shifts away from home equity as first mortgages surge

Bank of America's total first-mortgage originations rose while its home equity production decreased in the third quarter.At $20.6 billion, total first-mortgage production jumped...
Big bank mortgage originations continued rising in Q3 thanks to low interest rates – HousingWire

Big bank mortgage originations continued rising in Q3 thanks to low interest rates –...

Continuing a trend that stretches back through most of this year, mortgage originations were up at some of the nation’s biggest banks in...

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Portland area homebuyers faced fewer choices in October

People shopping for a home in the Portland area are facing headwinds as the year dwindles down. Asking prices are higher, there are...
Trump’s company sells California mansion to firm linked to Indonesian billionaire, a business partner

New apps help builders reduce carbon footprint

If you’re trying to lose weight and counting calories, there’s an app for that. Now, if you’re trying to...
Washington state Supreme Court upholds Seattle’s first-come, first-served law for renters

Washington state Supreme Court upholds Seattle’s first-come, first-served law for renters

The Washington state Supreme Court has upheld Seattle’s first-come, first-served law for renters, believed to be the first of...
debt

Mortgage Debt Hits New Highs

Mortgage debt has increased to $9.44 trillion according to the latest Quarterly Report on Household Debt and Credit from the New York Federal...

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