"Alt-doc" mortgages are booming. Some analysts are worried.

Jul 5, 2019
People who don't qualify for traditional mortgages can get "unconventional" loans. But what if the economy slips?
A for sale sign is posted in front of a home as interest rates for home loans climbed to nearly 4% in the wake of the election of Donald Trump to be the U.S. president on November 17, 2016 in Miami, Florida.
Joe Raedle/Getty Images

What layoffs in the mortgage industry say about our economy

Nov 16, 2018
It’s been a year of transition for Wells Fargo after a series of scandals in its consumer banking business. The company’s paid billions of dollars in penalties and just announced it’s cutting 900 jobs in its mortgage division. The job…