BofA Cheated Mortgage Workers Out Of Wages, Suit Says

BofA Cheated Mortgage Workers Out Of Wages, Suit Says

A former mortgage loan supervisor for Bank of America Corp. alleges in a complaint filed Wednesday that the company “clawed back” its employees'
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Chamber Has Ribbon-Cutting For Waterstone Mortgage

Kosciusko Chamber of Commerce held a ribbon-cutting ceremony Thursday for Waterstone Mortgage. Grant Slater, loan originator for Waterstone
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Despite similarities in rapid housing growth, 2021 will not be a repeat of 2008, experts say

Yet, data suggests that more borrowers are leaving forbearance plans. The Mortgage Bankers Association recently reported that the total number of
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Interfirst launches product targeting private non-owner-occupied loans

Interfirst's new program for non-owner occupied mortgages, “One” aims for simplicity, said Chief Strategy Officer Bryan Filkey. “That has been a
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Education Without Debt featured in Fortune – Indiana University Press

Why schools need to be accountable for overextending student loans | Fortune | Featuring Education without Debt: Giving Back and Paying It Forward
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The Gradual Shift to Digital Mortgages

When polling various mortgage lending institutions, respondents were more satisfied with traditional banks (90%) and credit unions (93%), compared
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NortonLifeLock, Allstate fall; US Bancorp, Celanese rise

American International Group Inc., up $1.66 to $48.07. The insurance company is selling a 9.9% stake in its Life & Retirement business to Blackstone
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Meet the man who brought back the Weinstein movie empire—sans Weinsteins

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. In early 2018, the fabled film studio built by Harvey and
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Why are vaccine numbers not keeping up? | India development Debate

Company Releases Quarterly Forecast Forecast Snapshot July 2021 MCLEAN, Va., July 15, 2021 (GLOBE NEWSWIRE) — According to Freddie Mac's
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Tulsa Housing Authority closes on Phase III financing for River West

“This progress would not be possible without the continued support of the Deborah Jenkins and Oklahoma Housing Finance Agency, Anne and Henry
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Pent up demand drives up housing prices in Winnipeg, says real estate expert

A reduction in the supply of single-family homes in Winnipeg continues to create an uptick in house prices. Meanwhile, one senior bank analyst says
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Biden Faces Hard Sell in Asia for Anti-China Digital Trade Pact

Biden Faces Hard Sell in Asia for Anti-China Digital Trade Pact. Bloomberg News. July 15, 2021, 2:00 AM PDT. Region's economies
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Buying land, a cottage or a rental? Tips for getting a mortgage on a secondary property

Interest rate: 1 to 2 per cent-plus above regular owner-occupied rates. Best lender options: Major banks, credit unions and small non-prime lenders. Tip:
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People's United reports 2Q2021 net income of $170.8 million, to be acquired by M&T

PPP loans decreased $884 million ($86 million in initial funding less $970 million in loan forgiveness). The mortgage warehouse portfolio decreased
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Hawaiʻi Island: The Wrong End of the Real Estate Boom

Real estate sales are booming statewide. Now, homebuyers fleeing high prices are heading down the island chain. Hawaiʻi Island housing inventory
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Brookfield's Bid for Inter Pipeline Shifts Focus to Pembina

An Inter Pipeline petrochemical complex under construction in Strathcona County, Alberta on June 2. Photographer: Jason Franson/Bloomberg
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Cerberus resurrects reverse mortgage securitization market

Cerberus Capital Management has mandated Citibank for the first public securitization of equity release mortgages since before the global financial
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Agreement reveals Turkey is lending to the Turkish Cypriots in lira and getting repaid in dollars

According to the credit agreement obtained by Nordic Monitor, Turkey is to lend money to the KKTC in Turkish lira (TL), while it will receive repayment
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Fitch Expects to Rate GS Mortgage-Backed Securities Trust 2021-PJ7

The transaction is expected to close on July 30, 2021. The certificates are supported by 953 prime-jumbo mortgage loans with a total balance of
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Baystate Business: Biogen, Markforged, Netflix (Radio)

Bloomberg News opinion columnist and markets editor John Authers on his view that the Fed may need to take action on inflation sooner rather than
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