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Mortgage Blog


Chandler is landing some of the 27 Wells Fargo & Co. jobs related to the banking giant's move of nearly 100 workers out of its San Francisco offices.

The San Francisco Business Times reported Wells Fargo (NYSE: WFC) was relocating 91 jobs in its commercial treasury business and eliminating five positions.

Chandler, Salt Lake City, Minneapolis and Winston-Salem, North Carolina, were on tap to get some of those 27 positions. Another 64 would remain in California.

Wells Fargo has a huge presence…

Jim Cramer, the rambunctious host of CNBC's “Mad Money,” took aim at five high-flying tech IPO stocks on Monday, sending shares of two of them tanking on Tuesday.

San Mateo-based subscription management software company Zuora Inc. and Massachusetts-based cybersecurity business Carbon Black Inc. both took double-digit stock hits on Tuesday as the overall market indices slid slightly.

Two of the other targets of Cramer's warning — San Jose-based cloud security company Zscaler Inc. and San Francisco-based…

Even more eyes will be keeping a close watch on the Philadelphia Finance Department's handling of its back accounting work as the Pennsylvania Intergovernmental Cooperation Authority said Tuesday that it will be an agenda item on its monthly board meetings until its resolved.

PICA's decision came just hours after the Kenney Administration, still facing criticism from the City Controller, announced members of its Reconciliation Task Force and underscored its commitment to a speedy resolution.

“This…

With more people doing their own 2018 taxes using TurboTax, Intuit’s gain appears to be H&R Block’s pain.

One of the nonprofit's longtime board members characterized its financial problems as a minor setback. The organization this week canceled its 2018 Games.

Ohio-based telecommunications company Cincinnati Bell said on Tuesday that it received the final regulatory approval for its $650 million acquisition of Hawaiian Telcom.

The Federal Communications Commission was the last regulatory body that had to sign off on the merger following earlier approvals from the Hawaii Public Utilities Commission and the state Department of Commerce and Consumer Affairs' Cable Television Division.

The acquisition of Hawaiian Telcom also cleared the Hart-Scott-Rodino…

An activist investor is calling on HomeStreet Bank to make significant changes or hire an investment bank to pursue a sale of the Seattle-based lender.

It’s too early to tell how the array of branches, operations and associates of both banks ultimately will merge.

CEO Aaron Dorn and his team may have the green light to launch, but that doesn't mean regulators are going away any time soon.

In fact, Dorn's team will continue to face scrutiny from regulators for several years as they work to build their Nashville-based foothold. As a result, regulators have laid out a series of guidelines for the bank's growth trajectory, including how much roadway they're prepared to give Studio Bank over its first three years in operation.

In a letter sent from Federal Deposit…

Malauzai Software Inc., an Austin-based company that makes mobile apps for community banks and credit unions, has been bought for an undisclosed amount by Finastra — an international financial technology company that wants to turn Austin into a hub for digital advancement.

The deal was announced Monday and framed as a logical next step in a partnership between the two companies that stretches back to 2015. Malauzai and Finasta said they had signed up more than 130 joint customers, including Wisconsin-based Horicon…