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Tag Archives: Lending

Why Wells Fargo Agreed to Pay a $2B Penalty

On Wednesday, Wells Fargo agreed to pay a fine of more than $2 billion for allegedly misrepresenting the quality of loans used in Residential Mortgage Backed Securities. Here's why the bank agreed to pay this amount in a settlement with the Department of Justice.

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Opting for Optimization in Mortgage Lending

Fintech innovations have the potential to transform and streamline business processes for lenders. But first, they have to embrace them. Editor's Note: This article originally appeared in the August issue of MReport, out now.

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Making a Case for Disaster Preparedness

How can the mortgage servicing industry work together to be better prepared for when a disaster strikes? The Five Star Institute’s Disaster Preparedness Summit hosted by DIMONT and Five Brothers on Wednesday tried to answer this question. Here are some key takeaways from the event.

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Delivering on the Dream of Homeownership

In an exclusive interview, MReport caught up with Erik Schmitt, Head of Product Development at Chase Home Lending to talk about all that goes into making the dream of homeownership a reality. Editor’s Note: This feature originally appeared in the July issue of MReport, out now.

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