Mortgage & Finance

California Suspends Business Relationship With Wells Fargo
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California Suspends Business Relationship With Wells Fargo

State treasurer says creating fraudulent accounts is a "legal and ethical outrage... Read more

Wells Fargo Launches Probe, CEO Forfeits $41M
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Wells Fargo Launches Probe, CEO Forfeits $41M

Wells Fargo CEO John Stumpf stands to forfeit about $41 million worth of equity... Read more

Mortgage Application Volume Falls by 0.7% in mid-September
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Mortgage Application Volume Falls by 0.7% in mid-September

Average contract interest rates decreased across all loan types Read more

Housing's New Crisis Already Being Solved...Slowly
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Housing's New Crisis Already Being Solved...Slowly

Continued negative equity improvement contributing to the solving of the supply... Read more

Fannie Mae Sells $20.3M NPLs to Non-Profit
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Fannie Mae Sells $20.3M NPLs to Non-Profit

In its fifth Community Impact Pool sale, Fannie Mae is turning to the Community... Read more

Repeat Home Buying Has Fallen Drastically
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Repeat Home Buying Has Fallen Drastically

There were half as many repeat home buyers in the market in 2015 compared to 2001,... Read more

FTC Permanently Bans Mortgage Relief Scammer
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FTC Permanently Bans Mortgage Relief Scammer

The Federal Trade Commission announced one of the subjects of a sweeping... Read more

Bay Area Wages Soaring — But Still Can’t Keep up With Housing Prices
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Bay Area Wages Soaring — But Still Can’t Keep up With Housing Prices

The typical Silicon Valley income — more than $100,000 annually — is now double... Read more

Mortgage Fraud is Rising Slightly
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Mortgage Fraud is Rising Slightly

As the credit box loosens, the risk of mortgage fraud heightens. Read more

Mortgage Delinquencies Down 6% in August
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Mortgage Delinquencies Down 6% in August

Inventory of loans in foreclosure has now declined for 19 consecutive months and... Read more

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