Builder confidence dips slightly but remains solid in June: NAHB

Builder confidence for newly built single-family homes fell two points to 64 in June, according to data released Thursday by the National Association of Home Builders. Continue reading

Wells Fargo pledges $1B to fight housing affordability crisis

Wells Fargo will be putting $1 billion toward various affordable housing initiatives, such as housing affordability, financial health and small business growth, from now into 2025. Continue reading

Wells Fargo hires mortgage tech chief from JP Morgan

Steve Hagerman will serve as Wells Fargo’s head of consumer lending technology and will be responsible for the bank’s new and emerging technology platforms. Continue reading

Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders.  Continue reading

Builder confidence rises amid low interest rates: NAHB index

Builder confidence climbed for the second straight month, according to data from the National Association of Home Builders and Wells Fargo. Continue reading

Builder confidence rises due to falling mortgage rates

Builder confidence for newly-built single family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose two points in January to 58 on an index… Continue reading

Wells Fargo foreclosed on 500 people due to ‘calculation error’

Hundreds of people were foreclosed on and lost their homes thanks to an internal calculation error on the part of Wells Fargo, the bank confirmed Tuesday. Continue reading

Builder confidence in single-family home sales remains solid

The National Association of Home Builders’ index for newly built single-family homes rose 1 percentage point month-over-month to 68, continuing a five-month trend of scores in the high 60s. Continue reading