Carmen Bell Carmen Bell has been appointed to the position of SVP of Wells Fargo’s Home Lending Default Servicing division, according to an announcement from Wells Fargo & Company on...
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OCC Frees JPMorgan, EverBank from Mortgage Servicing Agreement
...here. In June 2015, the OCC determined that EverBank, JPMorgan Chase, and four other institutions (HSBC Bank USA, Santander Bank, U.S. Bank, and Wells Fargo) had not met all the...
Read More »Ocwen Finally Sees Some Relief as Complaints Fall
...September 2015, Ocwen had an average of 409 complaints. The majority of these complaints were mortgage-related and a small amount involved debt collection. Bank of America, Wells Fargo, JPMorgan Chase,...
Read More »Settlement Monitor: All Servicers Made the Grade
...Citi, Ditech, SunTrust, and Wells Fargo. The compliance test includes a total of 33 metrics—29 originally set forth by the NMS and four more set forth by the Monitor in...
Read More »Housing Industry Urges New Homeownership Focus for Government
...recent report from the Wells Fargo Economics Group noted that the “millennial” generation is spending less on healthcare than their older counterparts, and an upswing in wages in the last...
Read More »Housing Starts Skyrocket from Last Month’s Slump
...December, the National Association of Home Builders (NAHB) reported in their Wells Fargo Housing Market Index (HMI). “For the past seven months, builder confidence levels have averaged in the low...
Read More »Home Builder Confidence Down for Now but Upbeat for 2016
...single-family homes decreased, this time one point to 61 in December, the National Association of Home Builders (NAHB) reported in their Wells Fargo Housing Market Index (HMI). “For the past...
Read More »Big Banks See Big Gains in Mortgage Payment Performance
...JPMorgan Chase, Citibank, HSBC, OneWest Bank, PNC, U.S. Bank, and Wells Fargo) were current and performing as of the end of Q3 2015—an improvement of nearly a full percentage point...
Read More »Wells Fargo Welcomes New President & COO
...with Wells Fargo for 28 years, and since 2014, he has served at the head of Wholesale Banking—a role he will remain in. Prior to this position, he was Wells...
Read More »Quicken Loans Raises Speculation of Exiting FHA Home-Loan Program
...JPMorgan Chase, Bank of America, and Wells Fargo are other banks that are grappling with the FHA about their mortgage loan program, Reuters said. "After three years of struggling to...
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