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Wells Fargo discloses another layoff in Iowa

Housing Wire

Amid a decline in mortgage business, Wells Fargo last week notified Iowa state authorities of its plans to lay off 36 employees. The Des Moines metropolitan area is the headquarters for the bank’s home mortgage division. The Des Moines metropolitan area is the headquarters for the bank’s home mortgage division. As the U.S.

FHA loan 360
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Finance of America Mortgage Review for 2021

The Mortgage Report

Finance of America mortgage review showing how Finance of America compares to top lenders for mortgage rates, customer service, and loan options.

Finance 111
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Are shopping signals the secret to mortgage marketing?

Housing Wire

Educate your outreach by keying into shopping behavior and you can empower your mortgage marketing in the new year. Though mortgage rates have gone up slightly, they still hover at bargain lows for consumers who are considering homebuying. This trend is exacerbated perhaps by the aging of America and the growing desire to age in place.

Mortgages 371
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These mortgage lenders are making major job cuts as production plummets

Housing Wire

Mortgage lenders have imposed new rounds of layoffs in the fourth quarter, reflecting a dreadful landscape for originators. . This week, the latest Freddie Mac weekly survey data showed that the 30-year fixed-rate mortgage increased to 7.08%, up 13 basis points compared to last week. Rates averaged 2.98% this time last year. “As

Mortgages 367
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Rocket goes local: Testing the waters or shifting its strategy? 

Housing Wire

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. But more than 80% of Rocket’s volume during those years came from refinancings, data from Inside Mortgage Finance (IMF) showed. billion in profit in 2020 and $6.1 billion in 2021.

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Finance of America Cares Takes an Innovative Approach

Housing Wire

This collaboration has brought on the truest sense of community.” – Bill Dallas, president of Finance of America Mortgage. Still, few bring the degree of holistic focus of Finance of America Cares (FOA Cares), which aims its generosity at both the wider world and the workforce within Finance of America.

Finance 370
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5 of the Top We Buy Houses For Cash Companies in Virginia

HomeLight

Reviews: 4 Brothers Buy Houses has an A+ BBB rating, and have been accredited since 2016. Customers sing their praises with five-star Google and BBB ratings among over 150 reviews. Former clients express gratitude for the company’s polite, professional service as well as their ability to problem-solve difficult situations.