Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Fed rate cut brings more mortgage biz to JPMorgan, Wells Fargo. But is it sustainable?

Mortgage business has increased recently for Wells Fargo head Charlie Scharf, left, and JPMorgan Chase CEO Jamie Dimon, but will it last? JPMorgan Chase and Wells Fargo are starting to feel the... Read more »
Mr. Cooper names former Wells Fargo, JPMorgan exec Mike Weinbach as president

Mr. Cooper names former Wells Fargo, JPMorgan exec Mike Weinbach as president

Mortgage giant Mr. Cooper Group has named Mike Weinbach, a former Wells Fargo and JPMorgan Chase executive, as its new president. He will succeed Chris Marshall, who is retiring at the end of 2024 but will assist... Read more »
Wells Fargo, other mortgage lenders under scrutiny for pricing exceptions: CNBC

Wells Fargo, other mortgage lenders under scrutiny for pricing exceptions: CNBC

Wells Fargo, once the largest mortgage lender in America, was accused of discrimination through the common industry practice of offering mortgage loan discounts to select borrowers, CNBC reported. The bank received Matter... Read more »
Wells Fargo, other mortgage lenders under scrutiny for pricing exceptions: CNBC

Wells Fargo settles lawsuit with ex-LO over allegedly discriminatory lending practices

A former mortgage consultant who worked for Wells Fargo and ultimately brought a case against the company in a Southern California court over allegedly being fired for complaining about discriminatory lending practices... Read more »
Wells Fargo, CoreLogic partner on real estate tax processing operations

Wells Fargo, CoreLogic partner on real estate tax processing operations

Wells Fargo and information services company CoreLogic partnered on real estate tax processing operations to enhance risk management, compliance and customer experiences in the mortgage servicing sector. CoreLogic will manage real estate tax... Read more »