Wells Fargo has named former Federal Reserve Governor Elizabeth Duke to become its next chairman, effective Jan. 1. With this appointment, Duke makes history as the first woman to chair a major national bank.The company points to trended data and tri-bureau consistency as approved lenders begin using greater credit-score choice
VantageScore says its latest performance assessment confirms that VantageScore 4.0 is better at predicting mortgage risk than earlier VantageScore models and other benchmark credit scores, strengthening the company’s case as lenders begin working with multiple approved scori...
Two Harbors disputes UWM’s claims and questions its $603.2 million derivatives loss, while Ishbia says the wholesale lender has never been stronger
Two Harbors Investment Corp. has answered UWM’s more than $500 million lawsuit with a competing account of why their merger failed and who bears responsibility for the financial fallout.In a statement Tuesday, Two Harbors disputed UWM’s breach-of-contract and fraud allegatio...
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