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Wells Fargo Eyes Subprime Lending for Mortgage Volume Boost
Feb 18, 2014Wells Fargo is turning once again to subprime loans as a strategy to boost declining revenue as overall mortgage lending volume drops, reports Reuters. The reentrance into subprime lending comes after Wells Fargo—the nation’s largest mortgage lender—worked through issues associated with risky lending that contributed to the housing crisis. The move could have major implications, according […]
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Reverse Mortgage Securities Paying Off, AAG Expands Market Presence
Feb 18, 2014 -
Reverse Mortgage Subservicer Celink Acquired with Plans to Grow
Feb 18, 2014 -
RMF Announces New HECM Choice Reverse Mortgage Payment Plan Options
Feb 17, 2014 -
Mortgage Delinquency Rate Drops to Five-Year Low
Feb 17, 2014 -
Presidents’ Day Round-Up: AAG Acquires Another Reverse Mortgage Division
Feb 14, 2014 -
Ocwen Looks to Sell Off Some Mortgage Servicing Risk
Feb 14, 2014 -
NY Times Addresses Reverse Mortgage Misconception
Feb 13, 2014 -
Security One Lending Partners with Senior Real Estate Specialists Council
Feb 13, 2014 -
Regulator Takes Aim at Non-Bank Mortgage Servicers
Feb 13, 2014