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Wells Fargo confirms mortgage staff layoffs

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo confirmed Friday it’s laying off an undisclosed number of home lending employees due to mortgage market conditions, one,.. Read More;

post

Housing affordability plunged in February

National Mortgage
Mortgage Finance
4 years ago

The combination of rising interest rates and surging housing prices drove the most rapid decline in affordability in more than,.. Read More;

post

Russian threat keeps mortgage cybersecurity experts on alert

National Mortgage
Mortgage Finance
4 years ago

Russia’s hostilities in Ukraine have already impacted the U.S. housing market and as the war goes on, the mortgage industry’s,.. Read More;

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Powell hardens hawkish pivot toward half-point Fed rate hikes

National Mortgage
Mortgage Finance
4 years ago

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking, Housing and Urban Affairs Committee hearing in,.. Read More;

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Competition among credit score companies is good for housing equality

National Mortgage
Mortgage Finance
4 years ago

Promoting financial inclusion and racial equity is perhaps the most important social issue facing our country today. One stark reality,.. Read More;

post

Blockchain MERS alternative from Figure integrated with fintechs

National Mortgage
Mortgage Finance
4 years ago

Two mortgage fintechs will be the first to allow their customers to register loans with DART, a digital lien and,.. Read More;

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Weekly rate watch: Fixes climb higher

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The average rate for a two-year fix lifted by 2 basis points, to 2.98%, while the average rate for a,.. Read More;

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Regulator criticises challenger banks over financial crime handling

Mortgage Finance Gazette
Mortgage Finance
4 years ago

The FCA review, which was conducted over 2021, revealed a rise in the number of suspicious activity reports reported by,.. Read More;

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Blog: What lenders need to know about green mortgages

Mortgage Finance Gazette
Mortgage Finance
4 years ago

Despite their slow start (being first launched on the UK market in 2006) green mortgages have increased in popularity in,.. Read More;

post

With competing credit score models, the details matter

National Mortgage
Mortgage Finance
4 years ago

On March 1st, the Federal Housing Finance Agency held a public listening session on credit score models. I appreciated the,.. Read More;

post

Flagstar hires new leader for distributed retail

National Mortgage
Mortgage Finance
4 years ago

Jim Linnane, a well-seasoned executive with stops at a number of lenders, has joined Flagstar Bank as president of its,.. Read More;

post

Wells Fargo denies accusation of racism in its judge transfer request

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo traded barbs with attorneys for plaintiffs in a discrimination suit against the bank, rebuking a new accusation of,.. Read More;

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