Wells Fargo hires mortgage tech chief from JP Morgan

Steve Hagerman will serve as Wells Fargo’s head of consumer lending technology and will be responsible for the bank’s new and emerging technology platforms. Continue reading

JPMorgan Chase CEO says US ‘desperately needs mortgage reform’

Jamie Dimon doesn’t wade deeply into specific changes that he’d like to see in the mortgage industry, but in his new letter does point to his company’s new digital mortgage fulfillment process — which he says allows closings within three weeks — as a b… Continue reading

My Bank Wanted to Charge $504 in Fees: Here’s What I Did

I recently returned from vacation to find two baffling letters from my bank, which I’ll call Goliath Global Bank. For reasons the bank chose not to disclose, I was informed that it was converting my savings and checking accounts in ways where I’d now b… Continue reading

Say hello to your new CFPB director, Kathy Kraninger

The Consumer Financial Protection Bureau finally has a non-temporary leader. On Thursday, the Senate voted 50-49 along party lines, with no Democrat voting in support, to approve Kathy Kraninger as the new head of CFPB. Continue reading

Protect Yourself From Stock Market Volatility

Recently, uncertainty over interest rates, international trade and geopolitics around the world has led to an increase in stock market volatility. What should investors do to protect themselves? One ultra-conservative way to approach investing is to de… Continue reading