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Stocks for Mortgage Banks Fall on Euro Zone Fears

...by 3.06 percent, tying off its shares at $6.98. ""Citigroup"":http://www.citigroup.com/citi/homepage/ bore witness to a 4.43-percent decline in stocks alongside a close for shares at $26.74. For ""Wells Fargo"":https://www.wellsfargo.com/, stocks dropped...

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Housing Industries Freeze Alongside Zero Job Growth

...mortgage-correspondent unit still afflicted with bad mortgage-backed securities. A ""MortgageDaily.com"":http://www.mortgagedaily.com/ survey more recently ""found"":https://themreport.com/articles/more-q2-layoffs-for-mortgage-professionals-2011-08-30 ""Wells Fargo"":https://www.wellsfargo.com/ culpable for some 2,500 job losses over the second quarter this year. Coupled with...

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North Texas Hiring Hub for Lenders

...isn't the only financial institution to initiate hiring in North Texas this year; both ""Bank of America"":https://www.bankofamerica.com/ and ""Wells Fargo"":https://www.wellsfargo.com/ expanded in the region during 2011, with BAC boosting its...

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More Q2 Layoffs for Mortgage Professionals

...loss of 1,805 jobs, all this after 740 new second-quarter jobs for brokers and officers over 2010. ""Wells Fargo"":https://www.wellsfargo.com/ emerged from the pack of slash-friendly mortgage giants with the most...

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Nine Alleged, Convicted in Mortgage Fraud Cases

...his list included ""Bank of America"":https://www.bankofamerica.com/, ""CitiMortgage"":https://www.citimortgage.com/Mortgage/Home.do?td, Countrywide Bank, ""First Magnus Financial"":http://magnusfinancial.net/, ""JP Morgan Chase"":http://www.jpmorganchase.com/corporate/Home/home.htm, ""PNC Bank"":https://www.pnc.com/webapp/unsec/Homepage.do?siteArea=/PNCCorp/PNC/Home/Personal, and ""Wells Fargo"":https://www.wellsfargo.com/. Lucidi pled guilty to his role in these activities between...

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Fall Bond Sale by Big Banks Set

...Inc."":http://www2.goldmansachs.com/, ""Citigroup Inc."":http://www.citigroup.com/citi/homepage/, ""Bank of America Corp."":http://promo.bankofamerica.com/multiproduct/index2.html?testtarget=1&cm_mmc=EBZ-EnterpriseBrand-_-Google-PS-_-bank%20of%20america%20corp-_-Corporation, ""Morgan Stanley"":http://www.morganstanley.com/, ""Wells Fargo & Co."":https://www.wellsfargo.com/, ""Royal Bank of Scotland Group Plc"":http://www.rbs.com/home.ashx, and ""JPMorgan Chase & Co."":http://www.jpmorganchase.com/corporate/Home/home.htm [IMAGE] The upcoming bond sales are...

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MBA Names Top Banks in Loan Categories

...to borrowers midyear 2011. ""Wells Fargo"":https://www.wellsfargo.com/ achieved the number-one spot for both master servicing and commercial mortgage-backed securities (CMBS). [IMAGE] According to a statement, the MBA said that Wells Fargo,...

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Dow Falls on Banks, Homebuilders. Again

...tipped over on mortgage giants ""Bank of America"":https://www.bankofamerica.com/, ""JPMorgan Chase"":http://www.jpmorganchase.com/corporate/Home/home.htm, and ""Wells Fargo"":https://www.wellsfargo.com/. Bank of America stocks fell by 6 percent, clipping shares at $7.01 Thursday. JPMorgan Chase dipped by...

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NAHB: Few Gains in Homebuilder Confidence

The market remains a dim one for new single-family homes, according to an index jointly released by ""Wells Fargo"":https://www.wellsfargo.com/ and the ""National Association of Home Builders"":http://www.nahb.org/ (NAHB). The index registered...

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