Wells Fargo conducts another round of layoffs in home lending business
Wells Fargo issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel.
Wells Fargo issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel.
New American Funding promoted Patty Arvielo to co-CEO with her husband Rick, and Christy Bunce will succeed Arvielo as president.
The deal will cost Roc Capital as much as $30 million and will offload an FoA subsidiary division that offers residential real estate investment loans.
Figure will partner with NovaWulf Digital Management for a proposed reorganization of troubled crypto lender Celsius.
Northpointe Bank will exit its correspondent lending business to focus on retail lending, mortgage warehouse financing and specialty loan servicing.
A regulator in Illinois has suspended the MLO license of Michael Strauss and the license for his mortgage company, Smart Rate Mortgage, essentially blocking the company from operating in the state.
Baret Kechian, loanDepotâs top producer and branch manager, is joining a slew of mortgage loan originators who are cautiously optimistic about the mortgage landscape in 2023.
Nonbank mortgage lenders American Portfolio Mortgage Corporation and Town Square Mortgage announced on Wednesday that they are merging their operations.Â
Not every state in the US has the same state income taxes! Many states have zero income taxes (Texas) while others have extremely high income taxes (California)! It is not just income taxes that vary by state. Different states have different property tax rates, different vehicle tax rates, different sales tax rates, and more. Income … Read more