Headlines across the nation continue to trumpet the recent slump in the mortgage industry, as thousands of loan professionals now find themselves furloughed for the time being. Industry giants like JP Morgan Chase and Loan Depot are planning to slash thousands of jobs, while published reports indicate layoffs have been in the hundreds at Wells…
Climbing Rates, Halt in Refinancing Blamed for Mortgage Industry Nosedive
No Stranger to Turmoil, Dutch Dealmaker Wynaendts Set for Deutsche Chair
FRANKFURT—As head of Dutch insurer Aegon, Alexander Wynaendts led a complex European financial institution with staff around the world and a large U.S. presence during a turbulent decade, an experience that should serve him well as the next chair of Germany’s Deutsche Bank. On Friday, a committee of Deutsche Bank’s supervisory board nominated Wynaendts to…
Cash for Moise Killing Came From South Florida Man, Cops Claim. He Did Nothing Wrong, Lawyer Says
By Jay Weaver, Kevin G. Hall, Jacqueline Charles, and Antonio Maria Delgado From Miami Herald MIAMI—The rule of thumb in any good investigation is to follow the money. For Haitian police investigating the July 7 assassination of their president, the money trail partially runs through a little-known Ecuadorian emigre and a private lender who lives in Broward…
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