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Wells Fargo taps BNY Mellon’s Scharf as new CEO – HousingWire

Wells Fargo reportedly plans mortgage hiring push thanks to rising originations – HousingWire

Last year was full of cuts and layoffs in Wells Fargo’s mortgage business as rising interest rates drove originations down. This year, it...
Low rates will push mortgage originations to 3-year high, MBA says | 2019-09-24

Low rates will push mortgage originations to 3-year high, MBA says | 2019-09-24

The cheapest mortgage rates since 2016 will push U.S. mortgage originations to a three year-high this year, according to a forecast by Mortgage...
Hey students, can you afford to live here? | 2019-05-29

Expert: Growing multifamily sector could demand new debt sources | 2019-09-20

As multifamily continues to grow, one expert explained new debt sources could soon be required to match the demand. “Lower rates, together with strong...
JLL’s $2 billion acquisition of HFF to close on July 1 | 2019-06-28

Multifamily originations to hit all-time high in 2020 | 2019-09-09

Multifamily originations are set to hit yet another all-time high in 2020, according to the Mortgage Bankers Association. Last year, the MBA forecasted that...
Freddie Mac mortgage rates 3-year range

Mortgage rollercoaster: Originations rise to nearly 2-year high after falling to 4-year low |...

Things looked bleak for the mortgage business earlier this year, as data from the Federal Reserve Bank of New York’s Center for Microeconomic...
As demand soars, multifamily mortgage originations should break record

As demand soars, multifamily mortgage originations should break record

Behind strong job markets, the shortage in housing supply and more millennials moving out, 2019 projects to be a record year for multifamily...
Technology Coming to Loan Applications

Loan Originations Introduced to Technology, AI

Black Knight, Inc., a provider of integrated software, data, and analytics to the mortgage and real estate industries, announced the launch of Digital...

Sierra Pacific hires Amy Mahar to lead third-party originations | 2019-07-17

Mortgage executive and 2018 HousingWire Woman of Influence Amy Mahar has been named the executive vice president, third party originations of national lender Sierra Pacific Mortgage.  Mahar...
Growing real estate player Pretium buying Deephaven Mortgage from Värde Partners | 2019-06-18

Did the mortgage business have a good second quarter? Big bank originations may tell...

Thanks in large part to interest rates that have fallen throughout much of the year, it appears that the mortgage business had quite...
Losses

Large banks hemorrhaged money on mortgage originations in 2018

Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research...

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Trump nominates FHA’s Montgomery to No. 2 position at HUD – HousingWire

Trump nominates FHA’s Montgomery to No. 2 position at HUD – HousingWire

President Donald Trump nominated Federal Housing Administration Commissioner Brian Montgomery to be the deputy secretary at the Department of Housing and Urban Development,...

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