AMC Giant Acquired
April 17, 2014
An appraisal management company that claims to be among the biggest of its kind has been acquired by an insurance product provider.
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2014, 2015 Origination Forecasts Cut by $80 Billion
April 17, 2014
The outlook for mortgage production from all U.S. lenders during 2014 and 2015 was reduced by $80 billion compared to last month's forecast.
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100s of Additional Mortgage Layoffs at Wells Fargo
April 17, 2014
The campaign to align staffing levels with mortgage production volume is continuing at Wells Fargo & Co., which has already cut thousands of mortgage jobs.
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2014 Is Year of Mergers for Mortgage Firms
April 14, 2014
Although the number of mortgage-related casualties has significantly declined this past year, wholesale lenders are disappearing at a brisk pace. Meanwhile, mortgage mergers are on the rise.
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Wells Fargo CFO: Mortgage Originations Could Rise
April 14, 2014
Despite a dramatic downturn in mortgage production at Wells Fargo & Co., the firm's chief financial officer says business could bounce higher.
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