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New York City won’t open new depository accounts with Wells Fargo in response to mounting allegations of discrimination against Black homeowners, municipal leaders said. The bank is facing several civil suits, and was the subject of a…
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A pair of key figures at Fannie Mae are leaving the company, as Chairwoman Sheila Bair is resigning as of May 1, and CEO Hugh Frater is retiring. Replacing Bair is former Wells Fargo executive Michael Heid. He was executive vice president…
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Fannie Mae’s new policy of allowing attorney-opinion letters as alternatives to title insurance “in limited circumstances” might eventually have more growth potential than that phrasing might suggest, according to technology company Voxtur.…
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