Wells Fargo fined over mortgage loan modification practices

Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems. Continue reading

New program aims to help build wealth in communities of color

Project REACh aims to address economic disparities that hinder wealth creation in underserved communities by supporting community banks. Continue reading

The last housing finance roundup of 2019

The federal government took a flurry of actions before the end of the year. Read Lew Sichelman’s latest column to catch up with housing finance news you might otherwise have missed. Continue reading

Appraisal requirements axed on sales of $400K and under: Fed

Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading