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    • How to survive the disruption of the mortgage industry
      We hear the term “disruption” so frequently that it’s started to lose its luster. As a startup founder, I can attest to its overuse. But as Mark Andreessen quipped in 2001, “software is eating the world.” Incumbents are being displaced by software companies in industries across the globe, ours included, and it’s worthwhile to understand […]
    • Traders now see Fed cut next week as a near-certainty
      Futures traders now see a rate-cut as the near-certain outcome of next week’s Federal Reserve meeting as a stagnant manufacturing sector weighs on the economy. “The U.S. economy confronts some evident risks in this the 11th year of economic expansion,” Fed Vice Chairman Richard Clarida said in a speech on Friday.
    • Will Supreme Court decision threaten CFPB independence?
      Friday, the Supreme Court agreed to hear the case to determine the constitutionality of the leadership of the Consumer Financial Protection Bureau.
    • Embrace Home Loans names new senior vice president, retail and direct sales
      Embrace Home Loans, a Rhode Island-based mortgage lender, announced this week that longtime employee Ryan “Buddy” Hardiman is being promoted to senior vice president of retail and direct sales.
    • Wells Fargo settles allegations of discriminating against female, African American job applicants
      A federal investigation found that Wells Fargo discriminated against thousands of African American and female job applicants based on their race and/or gender, the Department of Labor said this week. The Labor Department announced this week that it reached a settlement with Wells Fargo over allegations of discrimination within bank’s hiring practices at locations in […]
    • Mortgage Tech Rundown: DocMagic, Loan Vision, and ZestFinance
      Today's Mortgage Tech Rundown focuses on the latest product and software developments, integrations and more from companies like DocMagic, Loan Vision, and ZestFinance.
    • Supreme Court to take on CFPB constitutionality case
      The Supreme Court announced Friday it will take on the case challenging the constitutionality of the Consumer Financial Protection Bureau’s leadership. As it stands now, President Donald Trump cannot fire the CFPB director unless it’s for cause. Now, the Supreme Court will have the final say.
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