Items Tagged with 'IRRRLs'

ARTICLES

  • Wells Fargo to pay $108 million for allegedly overcharging veterans on refis

    Settles lawsuit with the federal government
    It seems that Wells Fargo literally can’t go one week without facing another scandal. Exactly one week ago, Wells Fargo revealed its latest scandal, stating that it is preparing to hand out $80 million for potentially wrongfully force-placing auto insurance on as many as 570,000 customers. And now, just seven days later, Wells Fargo agreed to pay $108 million to the federal government to settle allegations that the bank overcharged military veterans for refinance loans.
    Read More
  • UWM: Industry is taking the wrong approach to protecting veterans

    CEO explains why brokers’ future looks bright
    United Wholesale Mortgage’s CEO explained that the industry’s current approach toward veterans and interest rate reduction refinance loans is in need of a change. In the company’s monthly 3 Points video, he notes: How about we do right by our veterans the first time and we won’t have this issue?
    Read More