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Wells Fargo hires Calibers Ann Thorn to lead mortgage servicing

National Mortgage
Mortgage Finance
4 years ago

Longtime mortgage-industry leader Ann Thorn is leaving Caliber Home Loans to manage Wells Fargo’s servicing portfolio.The banking giant’s home lending,.. Read More;

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Wells Fargo fined $250 million for mortgage violations

National Mortgage
Mortgage Finance
4 years ago

Regulators ordered Wells Fargo on Thursday to pay a $250 million penalty in connection with problems in its home lending,.. Read More;

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United Wholesale Mortgage to offer in-house appraisal option

National Mortgage
Mortgage Finance
4 years ago

United Wholesale Mortgage will start working directly with appraisers, something that is not common for the broker-facing sector, which normally,.. Read More;

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Ginnie Mae mortgage bond issuance falls to low last seen in July 2020

National Mortgage
Mortgage Finance
4 years ago

Ginnie Mae mortgage-backed securities issuance in August fell to a low last seen over a year ago as it inched,.. Read More;

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Ida flood damage could cost Northeast up to $24 billion

National Mortgage
Mortgage Finance
4 years ago

After causing over $20 billion in property damage along the Gulf Coast, Ida, downgraded to a tropical storm from a,.. Read More;

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Foreclosure starts rose 27% after the federal ban ended

National Mortgage
Mortgage Finance
4 years ago

The end of a federal ban on July 31 gave foreclosure starts a boost in August but the amount remains,.. Read More;

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Mortgage rates rise slightly following disappointing jobs report

National Mortgage
Mortgage Finance
4 years ago

Fixed-rate averages inched up slightly over the past week, as subpar August employment numbers failed to cause waves that generally,.. Read More;

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Mortgage credit loosened in August as lenders added refi products

National Mortgage
Mortgage Finance
4 years ago

In August, mortgage credit availability was at its loosest since May, as lenders added refinance programs despite less activity for,.. Read More;

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Politics are the biggest obstacle to low income borrowers

National Mortgage
Mortgage Finance
4 years ago

As the mortgage industry returns from a well-deserved summer respite, there are a number of big issues on the table,.. Read More;

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Homebuying startup Orchard reaches $1 billion unicorn valuation

National Mortgage
Mortgage Finance
4 years ago

Orchard, which offers cash to homebuyers upfront so they can purchase a new residence before selling their old one, raised,.. Read More;

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Profitability outlook improves among mortgage lenders

National Mortgage
Mortgage Finance
4 years ago

More mortgage lenders see profits increasing in the third quarter compared to three months ago, even while their views on,.. Read More;

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Where Fannie Mae, Freddie Macs strengths in fair lending diverge

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency on Wednesday released a set of fair lending statistics, highlighting a subset of the data,.. Read More;

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