After Wells Fargo scandal, RIP to the big banking business model

After Wells Fargo scandal, RIP to the big banking business model

Last week, Wells Fargo CEO John Strumpf said at a Senate Banking Committee hearing that the issues at his bank did not arise from an “orchestrated
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Brooklyn Housing Market Named Least Affordable in America

The average Brooklyn resident would need to spend 124% of their income to afford a median-priced home within the borough, a new report says.
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Lawmakers spew vitriol at Wells Fargo CEO and ramp up demands for probes of banking industry

Lawmakers on Thursday intensified their calls for a wide range of investigations into Wells Fargo & Co. — and into the practices of other banks — as
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Join a High Producing Real Estate Team

Do you like the idea of joining a Top Producing Real Estate Team and getting your hands into sales from the very beginning? Are you looking for a job
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Inside Real Estate With Kevin: Some Random Thoughts About DC Real Estate

I remember the first time I saw a D.C. flag tattoo. I was working out at Results (now Vida) on U Street, and there was a guy with it tattooed on his calf.
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Castro touts housing turnaround

WASHINGTON – Housing and Urban Development Secretary Julián Castro … “The housing market here has rebounded and it's almost where it was
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'Banks can publish photo of wilful defaulters'

Asking the banks not to indiscriminately publish photographs of defaulters and guarantors in newspapers, the RBI directed the lending institutions to
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Federal Financial Institutions Examination Council announces availability of 2015 Data on …

The current HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include many
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BB&T Reaches $83 Million Settlement With Feds Over Mortgage Lending Practices

Branch Banking & Trust Company will pay the federal government $83 million as part of a settlement relating to its lending practices for mortgages
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Here's how new immigration trends impact the housing market

There's one less-noticed factor that is impacting the current shortage of cheap service labor and shortage of affordable housing: the education level of
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Fast-growing CPM Companies realigns as Twin Cities property market shifts

Few multifamily developers have been as active in the Twin Cities market … hotel near the U. The firm's newest direction is mixed-income housing.
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BB&T Paying $83M to Settle FHA Bad Loan Investigation

BB&T Corp. has agreed to an $83 million settlement with the U.S. Department of Justice over mortgages with quality control problems that were
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Product Manager

Learn more about applying for Product Manager – Auto Lending at Fiserv, Inc.
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Lenders cannot publish defaulters' photographs randomly, says RBI

The RBI said lending institutions have to formulate a policy, with the approval of their Board of Directors, which clearly sets out the criteria based on
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The fascinating theory the US is banking on to win the Ryder Cup

CHASKA, Minn. — Just four Ryder Cup wins since 1985 means the U.S. essentially had no other choice. Its lack of success forced its hand. The team
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Buy-to-let landlords to face tougher mortgage test as new rules will ensure owners can survive …

David Hollingworth, of mortgage broker London & Country, said: 'These rules could prove fatal for small landlords hoping to invest in buy-to-let
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Seattle Anchor Leaving TV for Banking

“After a very exciting and fullfilling (sic) 32 year broadcast career, I'm taking my business news passion into the banking sector,” Goode wrote on his
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Banking Really Hasn't Changed Much Since the Panic

The concept of what I call “math as money” is often a difficult one to grasp, particularly when still anchored to the traditional view of money and banking
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Broker Roundup For STARWOOD PROPERTY TRUST, INC. (NYSE:STWD)

Recently some investment brokers have made changes to their outstanding price targets on shares of STARWOOD PROPERTY TRUST, INC. … and a mortgage loan business, and Real estate property (the Property Segment), which
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Old National Bank Hires Mortgage Loan Officer

Old National Bank has hired Shellie Sparks as mortgage loan officer. She has more than 24 years of banking experience, including 13 years with
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