With Bank of America and Citigroup taking a back seat, Wells is now originating 34% of all home loans. Some are worried that any distress at the San Francisco bank could roil the housing market. Wells Fargo & Co. has become so dominant in the mortgage business that major investors and federal regulators are worried that a financial hiccup at the giant bank could roil the already beleaguered real
Search results for investors
Wells Fargo's mortgage dominance worries regulators and investors
Posted by mortgage 19 days ago (Editorial)
Mortgage Rates May Have Bottomed Out As Investors Flee US Treasury Bonds
Posted by mortgage 51 days ago (Editorial)
If you?re still waiting for mortgage rates to plummet even further than they have since the mortgage meltdown you may have missed that bottom. After falling to the lowest point below 4 percent in February the cost of a 3o-year mortgage rose above 4 percent for the first time since October 2011. Economists predict that [...] Mortgage Rates May Have Bottomed Out As Investors Flee US Treasury Bonds
Investors Bullish On Subprime, Nonagency Mortgage Bonds - Survey
Posted by mortgage 53 days ago (Editorial)
The market for subprime and other risky residential mortgage bonds may draw enough demand to overshadow the profit-taking that has marked some of the trading this month, according to a survey taken by J.P. Morgan Chase & Co. this week.
Investors Beware: Securities Deregulation is Here Again, and It Will Hurt
Posted by mortgage 57 days ago (Editorial)
Investors' wounds from 2008 are still fresh, and many mom-and-pop investors remain terrified of jumping back into the stock market. As a result, investors have parked billions of dollars in money market funds, earning next to nothing in interest. That result leaves investors???especially retirees???desperate for some type of return. This blog focuses on a new ...
Mortgage Interest Rates Tiptoe Upward As Investors Gain Confidence
Posted by mortgage 67 days ago (Editorial)
Mortgage rates inched up this week as investors gain confidence in the economy and banks signal they have strengthened their systems enough to weather another recession. The benchmark 30-year fixed-rate mortgage rose 4 basis points this week, to 4.15 percent,
Mortgage modification program expanded to investors, others
Posted by mortgage 116 days ago (Editorial)
The Obama administration on Friday announced it would significantly broaden the pool of consumers eligible for mortgage modifications by opening its program to owners of rental properties and homeowners burdened by medical and credit card bills and second mortgages.
Occupy The Buy Side: Institutional Investors Deserve Far More Blame For The Financial Crisis
Posted by mortgage 119 days ago (Editorial)
Criticism of banks is rampant. Lawsuits are proliferating and banks are settling for large sums. Mainstream media, blogs of all kinds, and the Occupy movement all see banks as the culprits in our financial crisis.
The Investor's Legal Forecast for 2012: The Weather Looks Good
Posted by mortgage 133 days ago (Editorial)
Santa came early for investors this Christmas, and it looks like the gift he left may be a durable one.?? The fat, jolly guy bedecked in red left a??welcome present for clients wronged by Wall Street, in the form of a New York Court of Appeals decision. Issued December 20, the decision reversed decades of ...
Mortgage How to Get is an informational resource about mortgage news and information.