Wells Fargo’s troubles may only get worse from here, according to a new study
Many originators worry that the recently announced entry of RE/MAX into the mortgage space will stifle competition and ultimately hurt borrowers
Delinquency rate also falls in October.
More than a dozen people have been charged in what federal prosecutors are calling a multimillion-dollar mortgage fraud scheme.
Commercial real estate is seeing modest but steady growth, but tight credit standards continue to slow recovery.
The percentage of underwater homeowners fell at the fastest pace on record in the third quarter.
The agency that oversees Fannie Mae and Freddie Mac is going ahead with plans to scale down their financing of multifamily mortgages next year despite heated opposition from industry groups.
JPMorgan tweeted earlier this week that they were taking questions on the hashtag #ASKJPM. Predictably, it all went horribly wrong.