Mortgage volumes remain under pressure at Wells Fargo, JPMorgan

Wells Fargo and JPMorgan Chase usually open the quarterly earnings seasons in the mortgage space, giving analysts something to chew on before nonbanks release their financial reports. In the first quarter of 2024, the big banks showed a challenging reality for originations. The banks’ Q1 2024 earni
Read MoreUSA Mortgage’s Chelsea Vonder Haar on staying agile to meet loan officer needs

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2024 Marketing Leaders are open until April 30, 2024. Click here to nominate someone from your organization today.If there’s
Read MoreRace-based appraisal gaps have narrowed in recent years: FHFA

The Federal Housing Finance Agency (FHFA) this week published a blog illustrating that appraisal gaps between white, Hispanic/Latino and Black households have diminished since the 2022 announcement of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) action plan, which the
Read MoreJudges deny plaintiffs’ request to consolidate commission lawsuits

The Multidistrict Litigation panel has denied a motion for nine of the commission lawsuits to consolidate.In a decision filed on Friday, Judge Karen Caldwell, who is the chair of the MDL panel, wrote that after hearing arguments from all parties involved, the panel concluded that “centralization is
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