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Tag Archives: Wells Fargo

Revitalizing D.C.’s Neighborhoods

A top bank has pledged to invest in the upliftment of Washington D.C. neighborhoods, even as a retail giant looks at opening up its offices in this region. How will these initiatives impact the housing market in the nation’s capital?

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Q3 Mortgage Revenue Drivers

Home lending and servicing figured prominently in the quarterly results declared by Wells Fargo, JPMorgan Chase and Citigroup on Friday. Here’s how these banks performed in Q3.

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Moody’s Rates Wells Fargo’s First RMBS in 10 Years

Wells Fargo’s first RMBS securitization in a decade received a provisional rating from Moody’s. Here’s what the ratings agency had to say about these securities.

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Wells Fargo to Re-enter the RMBS Bond Market

Wells Fargo is set to enter the private RMBS market after a gap of 10 years with a bond deal according to recent reports. Here are the details about the bond and why the bank made the decision to come back to this space.

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Tackling Natural Disasters, One Borrower at a Time

From mobile response units to consumer education, here’s how mortgage lenders are reaching out to borrowers to help them cope with natural disasters and prepare for such eventualities.

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Technical Error Led to Foreclosures, Says Wells Fargo

In its quarterly filing, the bank admitted to how a computer error caused more than 600 customers to be denied or not being offered loan modifications despite being qualified for them, leading to foreclosures for around 400 borrowers.

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