Items Tagged with 'Washington, D.C.'


  • Wells Fargo commits $1.6 billion to help revitalize Washington, D.C.

    Pledges more mortgages, small business lending, community lending
    Aiming to aid in the revitalization of the nation's capital, Wells Fargo announced Tuesday that it is committing more than $1.6 billion in lending and philanthropy in Washington, D.C., over five years. Through the program, Wells Fargo will triple its community giving and "concentrate resources on the biggest needs identified by community leaders," including affordable housing, small businesses, and job skills.
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  • JPMorgan Chase significantly expanding in Washington, D.C. area

    Opening up to 70 new branches, hiring 700 new employees
    JPMorgan Chase currently has a presence in the Washington, D.C. area, with more than 250 employees operating in the region, but the megabank will soon launch an expansion that will more than triple its workforce in the D.C. area. Chase announced Thursday that it is planning a massive expansion in the D.C. area, including adding as many as 70 new branches and hiring up to 700 new employees in northern Virginia, Washington, D.C. and Maryland.
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  • Redfin Mortgage expands to Washington, D.C.

    Online real estate brokerage began lending in Texas and Illinois this year
    Earlier this year, Redfin rolled out a mortgage lending business, launching Redfin Mortgage in Texas. In October, Redfin expanded its mortgage operation to include Illinois as well. And now, Redfin Mortgage is expanding to the nation’s capital.
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  • Trump protesters hang giant "RESIST" sign from crane at Fannie Mae’s new headquarters

    Flag overlooks White House
    The skyline of downtown Washington, D.C. looked a little different on Wednesday morning after activists climbed a 270-foot crane that overlooks the White House and hung a massive banner that read “RESIST.” The crane in question is, of all places, at the site of the new headquarters for Fannie Mae, currently under construction just a half mile away from the White House.
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  • Monday Morning Cup of Coffee: Judge tosses Ocwen, Altisource kickback lawsuit

    Calls alleged actions "extremely troubling," but says case doesn’t hold up
    It’d be pretty safe to say that Ocwen Financial struggled the past few years. But, the company got a little bit of good news last week, when a judge dismissed a lawsuit accusing Ocwen and Altisource Portfolio Solutions of overcharging homeowners for service. The question now becomes are the company’s next steps forward? Backward? Or right into the eye of another storm? All that and more in your Monday Morning Cup of Coffee.
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  • 1st Portfolio Lending changes name to WashingtonFirst Mortgage

    Completes integration into WashingtonFirst Bank after acquisition finalized
    WashingtonFirst Bankshares, the parent company of WashingtonFirst Bank, announced Monday that it is rebranding its wholly-owned residential mortgage lending subsidiary, 1st Portfolio Lending, as WashingtonFirst Mortgage.
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  • Black Knight: Will homebuying become unaffordable in two years?

    Or maybe even less
    While it’s not alarming that home prices continued to rise, what would this look like if the trend continued, especially given that home prices have already increased year-over-year for 43 consecutive months? With the right economic conditions, in two years, it could be a lot more difficult for people to afford a home.
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  • Carrington acquires Realty Direct’s Washington D.C. offices

    Adds three offices in Washington, D.C. metro area
    "This acquisition aligns with our strategy to ensure a smooth, seamless real estate transaction, placing high value on the customer experience through our integrated services model, which is localized to individual regions," said Carrington Holding Company Chief Real Estate Officer Steve Ozonian.
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