WELLS FARGO BREAKS FROM BIG-BANK PACK, FIGHTS FHA FRAUD CLAIMS

Home  |  Subscribe Bulletin May 13, 2014 Top Stories Wells Fargo Breaks from Big-Bank Pack, Fights FHA Fraud Claims by BLOOMBERG NEWS Following two years in which its big-bank peers paid almost $2 billion to resolve fraud accusations by the Federal Housing Administration, Wells Fargo has decided it isn't giving up so easily. READ MORE » Freddie Mac Eases Mortgage Rules to Limit Putbacks Freddie Mac, which along with Fannie Mae has forced home lenders to buy back tens of billions of dollars of flawed mortgages, said the companies are loosening rules that made banks more cautious about extending credit. READ MORE » ADVERTISEMENT Banks and Depositories - Get Your Required Mortgage Education with AllRegs Depository CE Library Designed to help meet CFPB guidance on depository training requirements, see this new AllRegs Academy one-stop training program in action. Request a demo » Home Prices Rose 11.3% in Q4, Case-Shiller Index Shows by KRISTIN BROUGHTON Home prices nationwide jumped by 11.3% in the fourth quarter from a year earlier, according to an analysis released Tuesday by CoreLogic. READ MORE » Social Media Marketing Brings New Risks to Mortgages by KATE BERRY Lenders and loan officers are increasingly using social media to scout for customers, raising a host of compliance concerns, from preventing unauthorized use of brands to monitoring employee communications. READ MORE » Farmer Mac 1Q Profits Drop Amid Early Refinancing by KRISTIN BROUGHTON The Federal Agricultural Mortgage Corp. reported a decline in first-quarter profits driven largely by the early refinancing of agricultural securities. READ MORE » Banking Panel Schedules GSE Bill Vote for Thursday by VICTORIA FINKLE The Senate Banking Committee will renew its markup of legislation to overhaul the housing finance system on Thursday, after abruptly postponing the deliberations late last month. READ MORE » Wells Fargo Tries $250K Contest to Stand Out from Mortgage Crowd by BRAD FINKELSTEIN Loan applicants will have to answer the question "What makes a place feel like a home?" to be eligible for drawing. READ MORE » Featured Events Principles of Conventional Underwriting Instructor-Guided Online Course Wed, 14 May 2014 READ MORE » Preparing for a CFPB Examination Webinar Thu, 29 May 2014 READ MORE » Advanced FHA Underwriting Instructor-Led Online Course Tue, 03 Jun 2014 READ MORE » Distressed Residential Mortgage Summit NY Marriott Marquis Wed, 18 Jun 2014 - Thu, 19 Jun 2014 READ MORE » Resource Center Enabling Transformation for the changing Banking Industry WHITEPAPER The Banking/Financial Industry has gone through significant changes since the economic downturn. READ MORE » 11 Mortgage Industry Strategies to Thrive in 2014 WHITEPAPER Success in the mortgage business has never been simple or easy, but that's especially true today. READ MORE » Building Brand Loyalty in Financial Services WHITEPAPER In an industry where brand loyalty is key, banks must work diligently to ensure top-notch service and customer outreach through every one of its channels. READ MORE » MORE IN THE RESOURCE CENTER » FOLLOW US: @NatMortgageNews Facebook You are currently subscribed to Origination News as: ctsmyhon@yahoo.com. You are receiving this email as part of SourceMedia. Please do not reply to this message. To learn more about SourceMedia's use of personal information, please read our Privacy Policy. Unsubscribe from this mailing list Manage your profile SourceMedia One State Street Plaza, 27th Floor New York, NY 10004 Phone: (800) 221-1809