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Daily Dose

Why Wells Fargo Agreed to Pay a $2B Penalty

On Wednesday, Wells Fargo agreed to pay a fine of more than $2 billion for allegedly misrepresenting the quality of loans used in Residential Mortgage Backed Securities. Here's why the bank agreed to pay this amount in a settlement with the Department of Justice.

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Opting for Optimization in Mortgage Lending

Fintech innovations have the potential to transform and streamline business processes for lenders. But first, they have to embrace them. Editor's Note: This article originally appeared in the August issue of MReport, out now.

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The Art of Finding ‘The One’

housing optimism

With competition super-heated for houses, most buyers are having to visit more than half a dozen dwellings—not including the ones they tour virtually online—before spotting their perfect pick, ...

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