The banking giant slashed more than 5,000 jobs in its home-lending unit last year – and more cuts are on the way
Deal enhances bank's digital capabilities
Market observers are nearly certain the Fed will hike rates this week, and again in December
"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
The tool will help Deephaven determine potential loan options from among its non-QM products
He was also ordered to pay $3 million in restitution
The state's regulatory environment "has reached a breaking point," CEO says