What to expect at HousingWire’s Spring Summit

The focus of the Summit is The Year-Round Purchase Market. Record low rates led to a banner year for mortgage lenders in 2020, and this year is expected to be just as incredible.

Increasing lending and servicing capacity – regardless of rates

Business process outsourcing and digital transformation are proven solutions that more companies in the mortgage industry are turning to. Download this white paper for more.

HousingWire's 2021 Spring Summit

We’ve gathered four of the top housing economists to speak at our virtual summit, a new event designed for HW+ members that’s focused on The Year-Round Purchase Market.

An Honest Conversation on minority homeownership

In this episode, Lloyd interviews a senior research associate in the Housing Finance Policy Center at the Urban Institute about the history and data behind minority homeownership.

The fallout from Wells Fargo’s fake account scandal is apparently far from over, as New York City could soon become the latest in a long string of cities and states that cut ties with the megabank in the wake of the scandal.

Last year, Wells Fargo was fined $185 million after 5,000 of the bank’s former employees opened as many as 2 million credit card and bank accounts without authorization in order to get sales bonuses.

That led to a myriad of additional consequences, including Wells Fargo’s CEO stepping down, and a number of states and cities suspending their respective relationships with the bank.

That list includes Pennsylvania, Ohio, California, Oregon, and Chicago.

And now, New York City could be the next name on that list, according to a report from the New York Business Journal.

The New York Business Journal report states that New York City’s government is set to consider suspending its business ties with Wells Fargo.

From the report:

Wells Fargo currently has a deal with N.Y.C.'s Department of Finance to process credit-card transactions until June 30, 2021.

Now, a "Contract Public Hearing" has been set for Thursday, Jan. 12, 2017, at 1 Centre Street in Manhattan to address the $1.3 million agreement.

For more from the New York Business Journal, click here or below.

Most Popular Articles

Do higher mortgage rates mark the end of the refi wave?

As mortgage rates rose over the last week, refi activity fell. But millions of borrowers are still eligible if lenders can get them through the pipeline.

Feb 23, 2021 By

Latest Articles

Finicity launches verification service approved by GSEs

Finicity, an open-banking solutions provider that was acquired by Mastercard in October, announced that it is dipping further into the mortgage space.

Feb 25, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please