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HUD Launches Fair-Housing Investigation Into Wells Fargo Mortgage Programs

HUD Launches Fair-Housing Investigation Into Wells Fargo Mortgage Programs

by John G. Stevens | Oct 7, 2026 | Current News & Events, Mortgage Information, Real Estate News

The Department of Housing and Urban Development has opened a fair-housing investigation into Wells Fargo over mortgage and homeownership initiatives designed to increase Black homeownership, escalating a federal reversal on race-conscious credit programs from policy...
Wells Fargo Moves Full Home Loan Servicing Portfolio to ICE’s MSP Platform

Wells Fargo Moves Full Home Loan Servicing Portfolio to ICE’s MSP Platform

by John G. Stevens | Sep 29, 2026 | Mortgage Information, News, Tech Trends

Wells Fargo is expanding its use of ICE Mortgage Technology’s servicing infrastructure, moving its full home loan servicing portfolio onto the MSP platform under a renewed long-term agreement. Intercontinental Exchange announced the expansion Tuesday, extending a...
New Coalition Seeks to Address Racial Disparities in Homeownership

New Coalition Seeks to Address Racial Disparities in Homeownership

by Phil Hall | Oct 9, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of 14 trade associations, financial institutions and government-sponsored enterprises have joined forces to create the Convergence Collaboration, a new endeavor designed to address the issues that contribute to racial disparities in homeownership. Over the...
Wells Fargo Launches Down Payment Grant Program

Wells Fargo Launches Down Payment Grant Program

by Phil Hall | Aug 10, 2023 | Current News & Events, Mortgage Information, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wells Fargo (NYSE:WFC) Home Lending is now offering $10,000 Homebuyer Access grants that will be applied toward the down payment for eligible homebuyers who currently live in or are purchasing homes in certain underserved communities in eight major metro areas. The...

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