...Fargo"":https://www.wellsfargo.com/ reported fourth-quarter profits of $5.6 billion, a 10 percent improvement over the same quarter last year. For all of 2013, the bank pulled in $21.9 billion, up 16 percent...
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2014 Economic Forecast
...Interstate Bank's (Wells Fargo Corporation) Chief Economist. Ways to subscribe to the Mortgage Markets Today podcast: Click here to subscribe via iTunes. View on BlogTalkRadio (non-iTunes feed). ...
Read More »Matt Martin Real Estate Management Appoints COO
...her [COLUMN_BREAK] guidance, mortgage production quadrupled to more than $3.6 billion in annual run rate. Prior to that, she held senior and executive risk management positions at Countrywide, Wells Fargo...
Read More »FHFA’s 2013 Settlements Total Nearly $8B
...$250 million, and General Electric Co. for $6.25 million. A non-litigation agreement was also struck outside of court with Wells Fargo Bank in October for $335.23 million. [COLUMN_BREAK] Of the...
Read More »Wells Fargo, Fannie Mae Announce $591M Settlement
""Fannie Mae"":http://www.fanniemae.com/portal/index.html and ""Wells Fargo"":https://www.wellsfargo.com/ have reached an agreement that will close the book on a number of problem legacy loans, both companies announced. [IMAGE] According to the separate announcements,...
Read More »2013 in Review: Major MSR Deals
...the ""reverse mortgage world"":https://themreport.com/articles/walter-investment-doubles-reverse-mortgage-servicing-book-with-new-acquisition-2013-04-10, acquiring more than 76,000 reverse loans for its subsidiary (Reverse Mortgage Solutions) from Wells Fargo. With an unpaid principal balance of about $12.2 billion, the acquisition...
Read More »December Sees Promising Jump in Builder Confidence
...""National Association of Home Builders'"":http://www.nahb.org/default.aspx (NAHB)/Wells Fargo Housing Market Index (HMI), builder sentiment picked up in December to end the year at 58. The index first climbed to that level...
Read More »Settlement Servicers Fail to Measure Up to Compliance Tests
...and ""Wells Fargo"":https://www.mortgageoversight.com/wp-content/uploads/2013/12/wells-fargo_scorecard_CAPS.pdf. [IMAGE] As monitor, Joseph A. Smith and his team at the ""Office of Mortgage Settlement Oversight"":http://www.mortgageoversight.com tested the servicers' compliance with 29 metrics detailed in the NMS...
Read More »Carrington Mortgage Services Names Tampa Branch Manager
...stint as sales manager for Wells Fargo Home Mortgage, where his responsibilities included--among other things--managing sales operations and building an external network of real estate sales professionals on Florida's west...
Read More »Research Finds Room for Improvement in Online Mortgage Experience
...""research report"":https://www.changesciences.com/trending/mortgage-web-site-user-experience-2013 examines the user experience at the websites of 12 leading mortgage lenders, including Bank of America, JPMorgan Chase, Quicken Loans, and Wells Fargo. According to Change Sciences' findings,...
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