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The bank reported a first-quarter drop in net income that was the largest it had seen since 2003 and was largely driven by lower refinancing activity.
NAHB/Wells Fargo Housing Market Index falls for fourth straight month.
Bank’s CFO said it was the largest quarter-to-quarter drop since 2003
Letter sent to HUD, CFPB questions whether bank followed federal nondiscrimination rules.
Law firm Ellis George Cipollone says it filed suit in federal court in Calif.
The prime residential mortgage-backed securities transaction comprises 691 residential mortgages with an aggregate principal balance of approximately $463 million as of the Jan. 1, 2022, cut-off date.