• Ocwen5.20+0.31 +6.34%
  • Zillow32.94-0.91 -2.69%
  • Trulia47+0 +0%
  • NationStar15.93+0.88 +5.85%
  • CoreLogic40.08+1.15 +2.95%
  • RE/MAX57.90+1.40 +2.48%
  • Fannie Mae2.64+0.00 +0.00%
  • Freddie Mac2.52+0.01 +0.40%
  • Wells Fargo55.96+0.57 +1.03%
  • CitiMortgage59.42+1.09 +1.87%
  • Bank of America23.48+0.45 +1.95%
  • Lennar51.36+0.38 +0.75%
  • Fidelity National Financial38.91+0.33 +0.86%
  • D.R. Horton33.27+0.22 +0.67%
  • PulteGroup23.73+0.26 +1.11%
  • First American39.05+0.08 +0.21%
  • BKFS38.20+0.35 +0.92%
  • AUDUSD=X0.7638+0.0005 +0.0629%
  • USDJPY=X111.0620+0.0180 +0.0162%
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Home >> News >> Secondary Market

Wells Fargo Settles Suit, Receives CRA Score

Wells Fargo Settles Suit, Receives CRA Score

Wells Fargo received its Community Reinvestment Act Rating (CRA), in which it received high scores, despite an overall score of "needs improvement." On the same day, the ban announced an agreement in principal to settle a class action lawsuit regarding claims that Wells Fargo opened accounts without the consent of its customers.

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A Tipping Point

A Tipping Point

With proposals to privatize Fannie Mae and Freddie Mac popping up as part of an overall housing makeover, government and industry officials weigh the risks and rewards of various plans carefully since few are calling for wholesale reform. This select print feature originally appeared in the March 2017 issue of MReport magazine.

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HARP-Incentivized Borrowers are Concentrated

HARP-Incentivized Borrowers are Concentrated

Nearly a quarter of a billion borrowers nationwide are eligible and have an incentive to refinance through the FHFA's Home Affordable Refinance Program, which is scheduled to expire later this year. And more than half of them are located in 10 states.

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