Wells Fargo settles mortgage claims with US government: report
The San Francisco bank paid less than $ 1 billion to resolve claims from the Federal Housing Finance Agency, the overseer of government-backed mortgage enterprises Fannie Mae and Freddie Mac, the newspaper said, citing people familiar with the matter.
Read more on NBCNews.com
Mortgage refinancing projected to plunge in 2014 as rates rise
… in 2014 and to increase further to 5.3% by the end of 2015. The trends are expected to continue to pressure big mortgage lenders, which have been laying off thousands of employees as refinancing subsides and the backlog of delinquent borrowers shrinks.
Read more on Los Angeles Times
160000 Tell DOJ to Prevent JPMorgan Tax Deduction for Mortgage Wrongs
The bank separately settled with the Federal Housing Finance Agency last week, but a settlement for the bulk of the charges for mortgage lending abuses is reported to be finalized shortly with the Department of Justice. Unless the Department of Justice …
Read more on YubaNet (press release)
Wells Fargo settles mortgage claims with US government: report is a post from: Best Home Mortgage