Ex-NFL star sentenced to five years in prison for mortgage fraud

Ex-NFL star sentenced to five years in prison for mortgage fraud

Irving Fryar and his mother convicted of conspiring to steal $1.2M

Experian hacked: 15 million people’s credit data stolen in breach

Credit reporting agency becomes latest victim of data breach

Here's what today's job creation implosion means for housing and mortgage finance

Jobs crater, labor participation rate near 40-year low and zero wage growth

The Ticker

Castle & Cooke Mortgage plans to expand into 48 states

Announces expansion into New Mexico
Castle & Cooke Mortgage, an independent mortgage lender with 41 locations throughout the United States, announced its expansion into New Mexico. The lender continues to implement its plan to expand its operations into 48 states by the end of 2016.
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$301 million Fannie Mae bulk servicing portfolio hits market

Mostly Midwest portfolio is 100% current
Buyers looking to get their hands on some Fannie Mae servicing now have that opportunity. Interactive Mortgage Advisors announced that it is acting as the exclusive broker for a $301 million Fannie Mae bulk residential mortgage servicing rights offering.
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SoFi secures $1 billion in funding

Series E funding led by SoftBank
Online lender SoFi continues to make major waves in the industry. Not even a month after it surpassed $4 billion in funded loans, SoFi announced $1 billion in Series E funding led by SoftBank.
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The White House fights back to save CFPB

3 deals the president wants to protect
The House Financial Services Committee is considering several bills to change Wall Street reform today. One of the bills includes changing the Consumer Financial Protection Bureau, a move the White House is quick to fight back on.
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