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Wells Fargo faces criminal probe over interview practices: Report

National Mortgage
Mortgage Finance
4 years ago

Federal prosecutors have started probing Wells Fargo’s hiring procedures after a report about “fake interviews” the company held for nonwhite,.. Read More;

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Credit conditions expected to weaken this year: Bank economists

National Mortgage
Mortgage Finance
4 years ago

Bank economists are starting to sour on the possibility of robust loan growth for the rest of the year, as,.. Read More;

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FDIC study finds minorities pay thousands more to refinance

National Mortgage
Mortgage Finance
4 years ago

A study by the Federal Deposit Insurance Corp. has found that Black and Hispanic home loan applicants are denied conventional,.. Read More;

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Lumber price gets chopped in half amid chill in housing markets

National Mortgage
Mortgage Finance
4 years ago

Lumber futures slid to the cheapest since September as rising interest rates put a damper on the housing market.Lumber futures,.. Read More;

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Mortgage servicing concentrated in the Midwest goes up for bid

National Mortgage
Mortgage Finance
4 years ago

An unnamed seller put nearly $817 million in agency servicing rights with an unusual geographic concentration up for sale on,.. Read More;

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Mortgage credit availability at 11-month low

National Mortgage
Mortgage Finance
4 years ago

Mortgage product availability tightened for the third consecutive month, falling to its lowest level since last July, the Mortgage Bankers,.. Read More;

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Homeowners buying two properties in bet that hybrid work sticks

National Mortgage
Mortgage Finance
4 years ago

Hybrid work schedules are spawning a hybrid housing trend.Real estate agents nationwide report that their clients are increasingly opting for,.. Read More;

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Mortgage rates rise after 3 weeks of decreases

National Mortgage
Mortgage Finance
4 years ago

Following three straight weeks of decreases, mortgage rates started climbing again, pushed upward by steadying economic data, according to Freddie,.. Read More;

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Boris Johnson announces comprehensive review of the mortgage market

Mortgage Finance Gazette
Mortgage Finance
4 years ago

In his speech today, the Prime Minister set out the government’s commitment to reversing declining homeownership rates. This comes after the,.. Read More;

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Government pulling in nearly

Mortgage Finance Gazette
Mortgage Finance
4 years ago

This extra levy increased the underlying stamp duty rate by 3 percentage points if this was not the buyer’s primary,.. Read More;

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House prices set to rise even as buyer demand falls in May: Rics

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Respondents reported that new buyer enquiries fell in May, with a net balance of -7%, in the body’s latest UK,.. Read More;

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6 ways blockchain and crypto are reshaping mortgage products

National Mortgage
Mortgage Finance
4 years ago

From the tempting prospect of mortgage-free homeownership for $1,000-a-month to the launch of a new bitcoin-collateralized mortgage product, digital currencies,.. Read More;

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