See More News
  • Money_gavel

    Wells Fargo to pay $65 million for allegedly lying to investors about fake accounts

    Lending

    Reaches settlement with New York over millions of accounts opened without customer authorization

    Wells Fargo's had a rough last few years, and it doesn't appear be getting any better. New York Attorney General Barbara Underwood announced Monday that the megabank has been ordered to pay a $65 million penalty, , following an investigation into the bank's controversial "cross-selling" tactics, which led to the bank opening millions of accounts in customers' names without their permission.
  • Lending

    Reaches settlement with New York over millions of accounts opened without customer authorization

    Wells Fargo's had a rough last few years, and it doesn't appear be getting any better. New York Attorney General Barbara Underwood announced Monday that the megabank has been ordered to pay a $65 million penalty, , following an investigation into the bank's controversial "cross-selling" tactics, which led to the bank opening millions of accounts in customers' names without their permission.
  • Model-house-on-money
    Real Estate

    [CHART] Realtors: Housing market will improve over next 6 months

    Interest rates and low inventory hold back sales

    Interest rates and low inventory caused home sales to fall in September, but Realtors expect housing conditions to improve over the next six months. But while Realtors may be optimistic about the future, some economists disagree.
  • World_technology
    LendingSponsored Content

    Executive Conversation: Jay Kingsley on reducing origination costs and time to close

    CoreLogic's AutomatIQ Borrower gives lenders a single integrated solution to improve underwriting

    There is a disconnect between the digital consumer experience and the more fragmented, manual processes that continue to slow down and increase underwriting costs. Jay Kingsley, executive for credit solutions at CoreLogic, discusses how his company's AutomatIQ Borrower pulls all the disparate borrower underwriting tools together into one integrated solution delivered from one provider.
  • Apartment-windows
    InvestmentsLendingReal EstateMultifamily

    Trump administration unveils new rules for Opportunity Zones

    Proposed regulations meant to provide clarity around new investment opportunities

    Aiming to answer some of the lingering questions surrounding Opportunity Zones, the Department of the Treasury late last week unveiled a number of new rules and regulations designed to provide clarity to investors on the tax implications of investing in the newly designated areas. Here's a look at the new rules.
  • Hurricane
    Sponsored Content

    Don’t wait for disaster to strike — test the strength of your subservicer now

    This TMS checklist will make sure your borrowers get white-glove service as a critical time

    Unfortunately, natural disasters and hurricanes will happen. It’s on you to make sure borrowers are in the best hands possible when it happens. To test the strength of your subservicer, go through this check list to see how well they’d be prepared for a future crisis.
  • Hud-podcast-epubs-display
    LendingReal EstateMultifamily

    6 Questions with 6 HUD Executives, Ep. 6: Ginnie Mae EVP and COO Michael Bright

    Bright talks about the affordability crisis, risks to the housing market, what drives him and more

    On this episode of 6 Questions with 6 HUD Executives, HousingWire Editor-in-Chief Jacob Gaffney sits down with Ginnie Mae Executive Vice President and COO Michael Bright to talk about affordable housing, the securities market and Ginnie Mae crossing the $2 trillion threshold.
  • Digital-ball
    LendingSponsored Content

    MERSCORP Holdings to host a second eMortgage Boot Camp Nov. 15

    Find out how to execute an eNote strategy with operational, technical, and strategic game-planning

    With large investors including Wells Fargo, Texas Capital Bank, Ginnie Mae and the Federal Home Loan Banks signaling their intention to purchase and accept eNotes in the near future, some perceived barriers to eMortgage adoption are quickly falling away. That’s one reason MERSCORP Holdings, which owns and operates the MERS eRegistry, is holding an eMortgage Boot Camp this year on November 15.
  • Real-mmcc
    InvestmentsLendingReal Estate

    Monday Morning Cup of Coffee: HUD staff shuffle comes to a confusing end

    Plus, more on Amazon HQ2 and affordable housing problems in Charlotte

    The eyebrow-raising staff shuffle at HUD comes to an end. Plus, read more about affordable housing woes in Charlotte, Ginnie Mae's major milestone, Amazon HQ2 and more in this week's Monday Morning Cup of Coffee.
See More News

This month in
HousingWire magazine

Cover Story
October/November 2018

Dream Team: How the Arvielos are leading New American Funding to record growth

The first thing you notice about New American Funding's Rick and Patty Arvielo is how much they like each other. That might seem like a foregone conclusion when you meet a married couple, but when that couple also runs an incredibly successful business together, I imagine it could get complicated. Read on to find out more about how this successful couple manages their life, and business, together.

Commentary

How can we thrive during challenging times?

Casey Cunningham
Casey Cunningham
 Lending
For the first time since 1981, our industry is experiencing a rising interest rate environment. Some people may assume that the current market shift means their business will take a downward turn from which they will never recover. I don’t buy it. The way I see it, challenging times force us to refine our processes and practices.