Mortgage rates

Consumers pounce on 4% mortgages; What’s in a name?

06/13/19

Lenders should get a boost from refinances and purchase loans; BB&T and SunTrust Banks’ name choice questioned.

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Sloan out at Wells Fargo; Facebook charged with housing bias

03/29/19

The bank said it will look outside the company for a replacement; HUD alleges the social media giant allowed real estate firms to target groups in their advertising.

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Conference Call: The Future of Housing Finance

03/27/19

American Banker's Rob Blackwell and Cowen’s Jaret Seiberg discuss Fannie Mae, Freddie Mac and the future of housing finance

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Citi mortgage discount program violated Fair Housing Act: OCC

03/19/19

The bank was fined $25 million for what the Office of the Comptroller of the Currency said was an inability to provide the discounts to all who were eligible.

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Conference call: What is the future of housing finance?

03/11/19

American Banker and National Mortgage News are offering an exclusive discussion of how policymakers may revamp Fannie Mae and Freddie Mac and what that will mean for mortgage lenders of all sizes.

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Can Wells Fargo grow while under Fed's thumb?

01/15/19

Now that Wells must abide by the central bank's asset cap through year-end, it may have to divest more nonessential assets and take other steps to open up room for core loan growth.

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Mortgage rates drop; activist investor ups pressure on Barclays

01/08/19

4.5% rates could trigger more homebuying and refinances; Sherborne Investors wants a seat on the bank’s board so it can facilitate change.

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Wells Fargo to pay state regulators $575M over phony accounts, other scandals

12/28/18

The cost of Wells Fargo's scandals continues to rise as regulators from all 50 states forced the institution to pay hundreds of millions in penalties for the creation of fake accounts, improper enrollment in life insurance, force-placed auto insurance policies and other activities.

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Conforming loan limits go up for 2019 as home prices keep rising

11/27/18

The sustained rise in home values will boost Fannie Mae and Freddie Mac's loan limits for 2019, marking the second consecutive year in which it increased by nearly 7%.

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Bitcoin nosedive continues; nearly 30 large banks sign UN ethics code

11/27/18

Miners of the digital currency are losing interest, which could lead to more price declines; scandal-scarred banks among those that endorse Principles for Responsible Banking.

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