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On Friday, Wells Fargo and Bank of America released Q3 2017 financial results. Wells Fargo’s revenue dropped 2 percent—to $21.9 billion—compared to third quarter 2016. The bank noted ...

Over the course of the first and second quarters, mortgage credit availability has gone down slightly, according to a recent report. Mostly driven by market composition, the report notes government channels are losing more share due to tighter lending standards.

Buying a home is cheaper long-term than renting an apartment in the top metropolitan areas, and a new report breaks down just how much homeowners can save.

In April 2017, many state business regulators issued regulatory enforcement orders to subsidiaries of Ocwen, but now the company has reached with more than half and has announced the selling off of their wholesale forward lending business.

Ginnie Mae and the Department of Veterans Affairs (VA) recently announced the shaping of the “Joint Ginnie Mae – VA Refinance Loan Task Force,” in an effort to ...

According to new national data, mortgage applications for new homes dropped year-over-year. Regionally see which states took the hardest hit . . .

As individuals make their way through the industry and companies merge, follow all the important highlights in this weeks update. Freddie Mac is announcing a 12-month long pilot ...

On Thursday, HSBC Holdings announced that John Flint, Chief Executive of Retail Banking and Wealth Management, is set to succeed Stuart Gulliver as Executive Director and Group Chief ...

PNC Financial, one of the largest diversified financial services institutions in the U.S., released the results of its mid-cycle company-run stress test Wednesday showing they are still able to weather the storm if worst-case scenario conditions happen.

Wealth inequality in America is growing, according to data released by the Urban Institute, and it’s being propelled by persisting racial disparities.