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Wells Fargo employees feared for their jobs, consumer banking head says

National Mortgage
Mortgage Finance
4 years ago

After Mary Mack became Wells Fargo’s head of consumer banking in 2016, she embarked on a multi-city listening tour that,.. Read More;

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Forborne mortgages at GSEs now make up less than 1% of their volume

National Mortgage
Mortgage Finance
4 years ago

Forbearance exits slowed from their previously accelerated pace in the past week, but the number of distressed loans held by,.. Read More;

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Cenlar consent order is wakeup call for nonbanks

National Mortgage
Mortgage Finance
4 years ago

Last week, the world of mortgage servicing got an unpleasant surprise. Cenlar FSB, the nation’s largest subservicer of residential mortgages,,.. Read More;

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Amid legal dramas, LoanDepot's market share grew in 3Q

National Mortgage
Mortgage Finance
4 years ago

The negative publicity about loanDepot's workplace culture apparently had little effect on the company's third quarter operations.During the conference call,,.. Read More;

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New York expands CRA requirements to nonbank mortgage lenders

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — New York Gov. Kathy Hochul on Monday signed legislation expanding the state’s version of the Community Reinvestment Act,.. Read More;

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SitusAMC adds 1,500 hires to tackle private RMBS backlog

National Mortgage
Mortgage Finance
4 years ago

Mortgage services provider SitusAMC announced that it has added 1,500 people to help process originations and clear a due-diligence logjam,.. Read More;

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As Gen Xers age, reverse mortgage products proliferate

National Mortgage
Mortgage Finance
4 years ago

While reverse mortgages make up only a small share of the home-loan market, the growing share of Generation Xers with,.. Read More;

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Blog: Think about the greater good

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The relationship between consumers and business has fundamentally shifted – the rise of the belief-driven buyer is transforming consumer behaviour,.. Read More;

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SmartSearch extends anti-money laundering checks

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The improvements come after the Office for National Statistics (ONS) reported that fraud and cybercrime has increased by nearly a,.. Read More;

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Movin Legal launches broker conveyancing course

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The continuing professional development accredited conveyancing programme takes 60 minutes and explains what property searches and indemnities are required for. It also,.. Read More;

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Will the Bank of Canada's Hawkish Turn Quell Inflation Fears? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
4 years ago

Perception can matter more than reality. For example, when the pandemic first hit, everyone worried that we were going to run,.. Read More;

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Fannie Mae reports dramatic capital gains in 3Q

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae in the third quarter more than doubled its net worth compared to a year ago, which is likely,.. Read More;

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