Walter Investment fined $29.6 million for False Claims Act violations

Walter Investment fined $29.6 million for False Claims Act violations

Subsidiaries allegedly submitted false reverse mortgage claims to HUD

The Wrap: Appraisal volume ticks down after two weeks up

New tips, tools and tricks of the trade

Dear Parents, don’t expect your homebuying Millennials to pay you back

loanDepot graph shows they can barely save for retirement
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Items Tagged with 'San Fransisco'

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Wells Fargo Slashes Dividend Amid Rising Loan Losses

Wells Fargo & Co. [stock WFC][/stock] became the last major commercial bank to cut its dividend amid mounting pressure from bad mortgages and related loans on its books Friday morning, cutting its quarterly common stock dividend 85 percent, from $.34 to $.05 per share.
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