...and whether the needed improvement is slight, or substantial. Bank of America, JPMorgan Chase, Ocwen, Select Portfolio Servicing, and Wells Fargo were reported by MHA as only requiring minor improvement,...
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More Builders are Going Green
Builders are going green, according to a survey from the National Association of Home Builders (NAHB)/ Wells Fargo Housing Market Index. Single-family builders often use 10 or more “green” products...
Read More »The Week Ahead: Measuring Market Confidence
This week, the National Association of Home Builders (NAHB) and Wells Fargo will release its Housing Market Index for the month of March. Taking a look at the February index,...
Read More »D.C. Court Rejects Intervention in CFPB Litigation
...the Court’s decision. The CFPB’s structure works–just look at the critical role CFPB played in holding Wells Fargo accountable for customer abuses. Despite the industry’s claims, the CFPB is subject...
Read More »Borrowers Prefer to Mortgage Shop Close to Home
...Additionally, home buyers in 22 states, nearly half, use local banks or credit unions for the majority of all mortgages. Nationwide, Wells Fargo was the most commonly used mortgage lender...
Read More »Non-banks Are Still the Top Lenders … For Now
...place in response to the housing crisis.” At the end of 2016, the four banks that made the top 10 were Wells Fargo with 12.55 percent of the market share,...
Read More »Carson Sworn In, Industry Reacts
...CEO of The Five Star Institute and former Wells Fargo and Freddie Mac executive. “We look forward to the advancements that he will bring to the development of housing in...
Read More »Carson Confirmed as HUD Secretary
...the qualities, skills, and experience, which Carson has acquired throughout his impressive career,” stated Ed Delgado, President and CEO of The Five Star Institute and former Wells Fargo and Freddie...
Read More »Refis Up, Purchase Originations Down
...fourth quarter compared to the previous quarter.” Purchase originations are declining for big banks, too. Wells Fargo saw a 5 percent decrease and JPMorgan Chase a 15-percent one. The top...
Read More »Wells Fargo to Increase African American Homeownership
Wells Fargo plans to assist 250,000 African Americans in becoming homeowners by 2027 with a $60 billion lending commitment. Over the next 10 years, Wells Fargo will build up this...
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