Wall Street appears to have beaten Washington to the punch. While lawmakers enter the home stretch on regulatory reform with Thursday’s Senate vote, the financial industry has already started to shake up how it does business ahead of the proposed new rules. Just last week, Wells Fargo said it planned to shutter its more than 600 Wells Fargo Financial stores across the country and announced it was no longer going to make mortgage loans to people without stellar credit.
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?
Fortune Magazine and Great Place to Work this week announced the winners of its 2020 Best Companies to Work For list, ranking America’s best workplace environments for large companies. And multiple industry titans in the housing space made the list.