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 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...
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 (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...