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Wells Fargo servicer ratings downgraded on portfolio shift

Fitch Ratings, noting the reduction in Wells Fargo's balances and sale of non-agency servicing, said the bank no longer meets expectations at its old grade.
The Best Time of Day for Real Estate Photos: Scheduling Your Drone Shoot

A drone does not care what a house costs, how recently the kitchen was renovated, or whether the listing copy calls the backyard “an entertainer’s dream.” It doesn’t matter if you’re selling a single-family home in Cincinnati or a massive house in Houston, the drone sees the place as it is: roof, dr
Increased ARM demand prompts lenders, servicers to act

ARMs accounted for more than 11% of rate locks, their largest share in nearly four years and up more than three percentage points over the past three months.
Pamela Heman

Pamela Heman

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