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Wells sparks more social media anger after second glitch in two weeks


Some Wells Fargo customers on social media Thursday afternoon expressed frustration with not being able to log in to accounts digitally. The San Francisco bank responded in a tweet acknowledging the problem.


How 'build to rent’ movement could boost the mortgage markets


With few foreclosed homes left to pick up on the cheap, the biggest landlords are buying, or building, new single-family homes to pad their portfolios; these properties could eventually show up as collateral in rental bonds.


5 ways a government shutdown will affect mortgage lending


Here's a look at what will happen at five federal agencies that support the mortgage industry if the government shuts down.


SunTrust records $172M benefit from tax reform


The new tax law helped boost fourth-quarter results at SunTrust Banks in Atlanta, while the recent rate hikes led to gains in spread income.


U.S. Bancorp, PNC, others fined as Fed ends foreclosure cases


The payments resolve a number of cases that date back to 2011 and were among the largest coordinated U.S. enforcement efforts in the years following the crisis.


CFPB's Mulvaney scraps survey for debt collection plan


The Consumer Financial Protection Bureau on Tuesday withdrew a plan to conduct a web survey for its debt collection proposal while acting Director Mick Mulvaney reviews the rulemaking.


Reducing payments does more than reducing principal, study shows


Cutting payments helps stave off default, but principal reduction on underwater loans and lower consumer debt levels are less effective, according to JPMorgan Chase Institute's new study of post-crisis modifications.


Common securitization platform testing taking longer than expected


Testing of the common securitization platform is taking longer than expected, but the Federal Housing Finance Agency said it won't delay the 2019 launch of Fannie Mae and Freddie Mac's new single "uniform mortgage-backed security."


FHA premium cut still may not happen after Montgomery is confirmed


Brian Montgomery seems on his way to being confirmed to lead the Federal Housing Administration. But once he gets there, he may find it difficult to be as innovative as he was during his first stint as commissioner — particularly when it comes to reducing FHA premiums.


CFPB's English expected to sue Trump administration to block Mulvaney appointment


A lawsuit by CFPB Deputy Director Leandra English against the Trump administration is expected to challenge Mulvaney's appointment on two counts: that the president would directly control an independent agency and that it violates the succession plans laid out in the Dodd-Frank Act.