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WF to Pay $3.7B in Fines and Restitution

Wells Fargo has been ordered by the Consumer Financial Protection Bureau to pay $2 billion in restitution and $1.7 billion in fines. Click through to read the details, as well as the bank’s official statement.

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Ginnie Mae Forbearances Increase, Again

The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month.

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FHFA Releases Q3 2022 UAD Aggregate Statistics

The FHFA recently published its Q3 2022 data for the Uniform Appraisal Data Aggregate Statistics Data File. The agency also launched the new UAD Aggregate Statistics Top 100 Metro Areas Dashboard, which displays the statistics through customized maps and charts.

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