...into the red Wednesday, closing at $6.77. ""JPMorgan Chase"":http://www.jpmorgan.com/pages/jpmorgan fell less dramatically, with shares falling 5.58 percent to close at $34.37. ""Wells Fargo's"":https://www.wellsfargo.com/ shares landed between the three at 7.67...
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Stocks Surge After Fed Decides to Keep Interest Rates Low
...by stocks lifted boats for mortgage giants ""Bank of America"":https://www.bankofamerica.com/, ""JPMorgan Chase"":http://www.jpmorgan.com/pages/jpmorgan, and ""Wells Fargo"":https://www.wellsfargo.com/, which closed in negative territory last Thursday at 7.4 percent, 4.96 percent, and 5.71 percent,...
Read More »Mortgage Rates Fall on Debt-Deal News
...4.37 percent, down several basis-points from last week. Adding to the positive news, fellow mortgage giant ""Wells Fargo"":https://www.wellsfargo.com/home_1.htm yielded 30-year loans at 4.50 percent, as ""MonitorBankRates.com"":http://www.monitorbankrates.com/mortgages/mortgage-rates-decrease-on-possible-debt-deal showed a dip in...
Read More »Wells Promoting While Preparing for Executive Retirements
""Wells Fargo"":https://www.wellsfargo.com/ has a new leader for its consumer-lending business in Avid Modjtabai, and additionally, Wells confirmed that Mike Heid will take over as president of its mortgage unit. [IMAGE]...
Read More »NAHB: Homebuilder Confidence Up in July
On Monday the ""National Association of Home Builders"":http://www.nahb.org/page.aspx/landing/sectionID=5 (NAHB) reported an increasingly sunny outlook among single-family homebuilders, with a Housing Market Index jointly released by ""Wells Fargo"":https://www.wellsfargo.com/ signaling a 13-point...
Read More »Wells Fargo Owes $125M in Mortgage Suit
...and is intended to avoid the distraction and expense of litigation,"" Ancel Martinez, a spokesperson for ""Wells Fargo"":https://www.wellsfargo.com/, said in a telephone interview, according to ""_Bloomberg News_"":http://www.bloomberg.com/news/2011-07-07/wells-fargo-to-pay-125-million-to-settle-mortgage-backed-securities-case.html?cmpid=yhoo. In their complaint,...
Read More »HUD Scorecard: Home Sales Rise, Prices Dip
...Bank"":https://www.chase.com/, ""Wells Fargo Bank"":https://www.wellsfargo.com/jump/checking/simplifyonline, and ""Ocwen Loan Servicing, LLC"":http://www.ocwen.com/. The ""Housing Scorecard"":http://portal.hud.gov/hudportal/documents/huddoc?id=OPA_June_Scorecard_FINAL.pdf is a monthly report issued by ""HUD"":http://portal.hud.gov/portal/page/portal/HUD and ""Treasury"":http://www.treasury.gov/Pages/default.aspx that assesses and projects changes in the housing market....
Read More »Churchill Mortgage Expands to Houston
...branch manager for Envoy Mortgage and Wells Fargo. She also managed real estate advertising accounts at the ""_Houston Chronicle_"":http://www.chron.com/. ""Churchill Mortgage"":http://www.chron.com/ will open two new offices near the Galleria and...
Read More »Moody’s to Review ‘Too Big’ Banks
...the institutions ├â┬ó├óÔÇÜ┬¼â”œóÔé¼â”¼ô ""Bank of America"":https://www.bankofamerica.com/, ""Citigroup"":http://www.citigroup.com/citi/homepage/, and ""Wells Fargo"":https://www.wellsfargo.com/ ├â┬ó├óÔÇÜ┬¼â”œóÔé¼â”¼ô had received federal support that boosted their ratings 3-4 notches above average, inflating capital reserves and making it less...
Read More »Franchise Program Allows Brokers to Stay in Business
...and retail shops,"" analysts said. Founded in 1997, LenderCity is a Fidelity Mortgage company with 30 partners around the country, including Bank of America, Fifth Third Bank, and Wells Fargo....
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