Author name: Ricky Vasquez

JPMorgan Chase names co-presidents as Dimon succession plan takes shape

JPMorgan Chase has named Doug Petno and Troy Rohrbaugh as co-presidents effective immediately — the clearest step yet in the board’s planning for an eventual successor to CEO Jamie Dimon. Dimon, who has led JPMorgan since 2006, remains as chairman and CEO. Over his tenure, he has reduced the bank’s direct mortgage origination footprint in favor […]

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Young buyers are priced out in most U.S. metros, Pew data shows

Buying a first home has gotten materially harder for young adults in most major U.S. metros since 2019, as home values have far outpaced income gains and higher mortgage rates push monthly payments out of reach, according to a new Pew Research Center analysis of American Community Survey data. The study focuses on households headed

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Qualia expands wire fraud protection platform for title and escrow

Qualia has expanded its wire fraud prevention platform, Qualia Shield, adding new automated verification capabilities designed to help title and escrow companies identify potential fraud during real estate transactions. Shield is integrated into the Qualia title and escrow operating system and automatically performs risk assessments whenever wire instructions are added or modified during a transaction,

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