Investment
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Bank of America Lays Off More Mortgage Workers in Texas
Mar 11, 2014More than 80 mortgage-related jobs at Bank of America will be cut in North Texas by...
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Today’s Mortgage Rates at Wells Fargo (Monday March 10)
Mar 10, 2014Wells Fargo has updated its mortgage rates for Monday, March 10. Rates remain largely unchanged for...
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Surviving Spouses Sue HUD Over Reverse Mortgage Rules in a Class Action Lawsuit
Feb 28, 2014Four surviving spouses of individuals who took out reverse mortgages on their home have filed a...
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Wells Fargo Lowers Credit Requirements for VA and FHA Loans
Feb 24, 2014Wells Fargo has lowered the bar for popular government-backed mortgages, stirring hope among consumers with credit...
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Today’s Mortgage Rates at Bank of America (February 24, 2014)
Feb 24, 2014Bank of America (NYSE: BAC) [stockdata ticker=”BAC”] made no change to its benchmark 30 year fixed...
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Wells Fargo Moves Back into Subprime Mortgages as Refinance Boom Ends
Feb 14, 2014According to Tim Sloan, the chief financial officer of Wells Fargo, the mortgage refinancing boom has...
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New York Attorney General Schneiderman Pressures Banks to Take Charge of Foreclosed Properties
Feb 10, 2014New York’s Attorney General Eric Schneiderman is pressuring lenders to take more responsibility for the scores...
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OIG Finds Freddie, Fannie Ignored Warnings about Appraisal Deficiencies on Mortgages
Feb 6, 2014In a sign that lessons from the housing collapse have not been learned, investigators disclosed on...
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Bank of America’s Standard and Refinancing Mortgage Rates Roundup for January 27, 2014
Jan 27, 2014After experiencing their fair share of ups and downs last week, the benchmark 30 year fixed...
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Today’s Mortgage Rates at Wells Fargo (January 23, 2014)
Jan 23, 2014Following the lead of other major mortgage lenders in the United States, the San Francisco based...