Wells Fargo CEO: GSEs choke mortgage business

Western Asset Mortgage Capital’s (WMC) CEO Jennifer Murphy on Q2 2016 Results – Earnings Call Transcript – Western Asset Mortgage Capital Corporation (NYSE:WMC) Q2 2016 Earnings Conference Call August 4, 2016 11:00 AM ET Executives Larry Clark – IR Jennifer Murphy – CEO Lisa Meyer – CFO Anup Agarwal – CIO.

The Mortgage Bankers Association (MBA) swore in its new leadership team at Sunday night’s opening of its Association’s 102nd Annual Convention & Expo in San Diego. Bill Emerson, CEO of Detroit..

RealtyTrac: Foreclosure filings near 5-year low FHA streamline refinances increase 42% in July Unfortunately, no. The FHA streamline loan program is only for FHA-to-FHA transactions. If you have a conventional loan and want to refinance even though your mortgage balance may be greater than your current value, you may be eligible for the Home Affordable Refinance Program, or HARP. Apply for an FHA Streamline Refinance here.March foreclosure activity down to near 5-year low | Fox News – More U.S. homes are entering the foreclosure process, setting the stage for a surge in properties repossessed by lenders this year.. March foreclosure activity down to near 5-year low. By.

Quicken pitches ARMs as rising rates put end to refinancing boom – Mortgage lenders are looking for ways to keep borrowers coming as rising rates choke off demand, especially for refinancing, where applications have dropped 57 percent from this year’s high in May..

And many in the business would agree. Read more at the Washington Examiner: F&FtoStickAround? And when you had a 25% market share last year of the mortgage market, the opinions that Wells’ CEO has on.

Our money is no greener than money from Goldman Sachs or Wells Fargo. business relative and a company that’s growing as fast as we are, it needs to be that size. If you were the components of it,

"We’re just not going to make those loans and there’s going to be a whole bunch of Americans that are underserved in the mortgage market," says Wells Fargo (WFC +0.2%) chief John Stumpf, warning.

Fed minutes: “Housing sector generally remained slow” Minutes of the federal open market committee. december 16-17, 2014. A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, December 16, 2014, at 1:00 p.m. and continued on Wednesday, December 17, 2014, at 9:00 a.m.

Dave Stevens has been president and CEO of the Mortgage Bankers Association (MBA) since 2011. He has more than three decades of mortgage-finance experience, including positions in senior management with Wells Fargo, Freddie Mac and World Savings.

Wells Fargo & Co., the second largest mortgage lender in the U.S., said earlier this week that it was making changes to its lending guidelines in more than 200 housing markets spanning 24 states.

That doesn’t mean investors have not gotten spooked though, and heading into Friday’s earnings reports from JPMorgan Chase and Wells Fargo the banking. He notes that while higher mortgage rates.

Wells Fargo defended its role in handling one in three of the nation’s home mortgages as simply the result of doing a good job. "Serving customers very well means that more customers and clients.

Tim Sloan's resignation is the second for the scandal-scarred banking company in just 2 years. The company said it go outside for a.

‘Overwhelming Supply’ Affecting Housing Market: Radar Logic Radar Logic Says Calling a Housing Bottom Dangerously Short. – A couple quick hits on home prices coming up today. First off, radar logic released their RPX Monthly housing market report for May this morning. The RPX composite index rose 2.6% from April to May, and 0.7% from May 2011 to May 2012. Despite seeing rising home prices, RPX warned that the.