Investment
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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...
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Wells Fargo Sells Mortgage Servicing Rights to Ocwen
Jan 22, 2014On Wednesday, Wells Fargo & Co announced it will sell residential mortgage servicing rights on $39...
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Banks Embrace Interest-Only Home Loans to Wealthy Borrowers
Jan 20, 2014Very few nontraditional mortgages that contributed to the financial crisis are still on the market, and...
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Study Predicts Surge in Home Renovation Spending
Jan 16, 2014A new Harvard University study finds that rising home sales, starts, and prices is fueling a...
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Large Banks Lose Share of Mortgage Business to Smaller Lenders
Jan 15, 2014Wells Fargo and JP Morgan Chase, the two largest mortgage lenders in the U.S., are feeling...
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Today’s Mortgage Rates at Wells Fargo Bank (January 8, 2014)
Jan 8, 2014Just like every other major mortgage lender, Wells Fargo (NYSE: WFC) [stockdata ticker=”WFC”] kept its lending...