A Fed official draws parallels between Wells Fargo’s ongoing fake-accounts scandal, while a top Democrat accuses the bank of dodging congressional inquiries
Just four years after opening an office it expected to bring up to 800 jobs to upstate New York, PHH is shutting down the location and pink-slipping almost all of its employees there
The mortgage market is already preparing itself for the central bank’s eventual rate hikes, with mortgage rates hitting a nine-month high but originators shouldn’t fret.
It may be a bit tongue in cheek, but one Time piece is calling for America’s recession to be forever memorialized in one specific state he believes contributed the most to the downturn.
The introduction of the FHA 203(k) renovation loan had many clients wary of just what they were getting into – but those lenders who bought into the program from the start are today singing its praises.
Home builders are more confident in the housing market than they’ve been in nearly a decade.
Mortgage applications for new homes increased in June… Builder confidence hits 10-year high…‘Salem’ duo buy Hollywood home… Mortgage rates higher amid bond market volatility…
One big bank’s quarterly results confirm what many had already feared – that smaller players are likely losing out to their larger counterparts in one very valuable mortgage market segment.