...National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. “For the fourth straight month, builder confidence has increased due to a lack of resale inventory despite...
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Spring Homebuyers Benefit From Slowing Price Growth, Fall in Rates
...shifting demand to the new home market. Builder confidence in the market for newly built single-family homes in March rose two points to 44, according to the NAHB/Wells Fargo Housing...
Read More »Mortgage Purchase Apps Fall 44% YoY
...Association of Home Builders (NAHB)/Wells Fargo Housing Market Index for January 2023, the price and availability of building materials and raw materials again topped the list of problems builders faced...
Read More »Home Builders Continue to Face Supply Chain Issues
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index for January 2023, the price and availability of building materials again topped the list of problems builders...
Read More »Mortgage Rates Continue to Tumble
...builder confidence in the market for newly built single-family homes in January rose four points to 35, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index...
Read More »WF to Close Correspondent Business, Shrink Mortgage Servicing Portfolio
...that could expose consumers to pitfalls. Today, Wells Fargo is the third biggest mortgage lender after Rocket and United Wholesale Mortgage. Third-party loans, servicing As part of its retrenchment, Wells...
Read More »Wells Fargo Partners on $20M Housing Affordability Breakthrough Challenge
The Wells Fargo Foundation has expanded its commitment to housing affordability through another $20 million competition with Enterprise Community Partners to find housing solutions. The second Housing Affordability Breakthrough Challenge...
Read More »Refis Begin to Trend Upward
...lower rates and slower home-price growth.” According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built single-family homes...
Read More »Wells Fargo to Pay $3.7B as Part of CFPB Agreement
...findings include that Wells Fargo: Unlawfully repossessed vehicles and bungled borrower accounts: Wells Fargo had systematic failures in its servicing of automobile loans that resulted in $1.3 billion in harm...
Read More »Seizing Untapped Opportunity in Construction Lending
...weight of higher interest rates. In fact, except for a brief moment during the pandemic, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index recently dropped to its...
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