loanDepot officially files for IPO

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

House passes bipartisan TRID grace period bill 303-121

Next comes Senate, then looming threat of veto from White House
Servicing / The Ticker

Bank of New York Mellon profit rises 26%


Bank of New York Mellon Corp.'s (BK) fourth-quarter profit rose 26% as the trust bank increased its assets under management and custody while also posting a credit in its loan loss provisions. Trust banks act as custodians and servicers for corporations and Wall Street and make most of their money collecting fees for various servicing activities, leaving results heavily dependent on market forces.

Source: MarketWatch
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