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WASHINGTON­–Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $1,686 on each loan they originated in the second quarter of 2016, up from a reported gain of $825 per loan in the first quarter of 2016, according to the Mortgage Bankers Association’s (MBA) latest Quarterly Mortgage Bankers Performance Report.

SAN FRANCISCO–More former Wells Fargo employees are stepping forward with stories of the overwhelming pressure put on them to make cross-sales goals, with one person saying he was fired after calling a company hotline for whistleblowers.

GRAND RAPIDS, Mich.–Early adopters of “examination innovation” are seeing a payoff when they undergo exams, according to one company.

WASHINGTON–The CFPB has sued five title lenders operating in Arizona for failing to disclose the annual percentage rate in online advertisements about title loans.

IRVINE, Calif.—There was a 3.9% year-over-year increase in mortgage fraud risk at the end of Q2, 2016, as measured by the CoreLogic Mortgage Application Fraud Risk Index.

LONDON–Personal information on 5.5 million employees from the world’s 1,000 biggest public companies has been discovered online by a British cyber security firm that searched through data compromised by recent breaches of popular websites, according to the Financial Times.

SUNNYVALE, Calif.—Yahoo has confirmed that information from at least 500 million Yahoo accounts was stolen from the company in 2014, making the hack one of the largest in U.S. history in terms of user accounts.

ELYRIA, Ohio – Approximately 312 students in Lorain County are kicking off the school year with a backpack full of new school supplies thanks to School Employees Lorain County Credit Union’s Build-A-Backpack charitable loan program.

AUSTIN, Texas – Malauzai has announced the latest release of its mobile and Internet banking SmartApps for community financial institutions.

PLANO, Texas–The $4-billion Desert Schools Federal Credit Union is partnering with Alkami Technology to provide its ORB digital banking platform to its more than 220,000 online banking users.