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Mike Weinbach to Become President at Mr. Cooper Group

Mike Weinbach to Become President at Mr. Cooper Group

by Phil Hall | Jan 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Dallas-based Mr. Cooper Group Inc. (NASDAQ: COOP) has named Mike Weinbach as its next president, effective Feb. 1. He will succeed Chris Marshall, who also serves as vice chairman and who plans to retire at the end of the year. Weinbach is CEO of consumer lending for...
Darlene Goins Named President of the Wells Fargo Foundation

Darlene Goins Named President of the Wells Fargo Foundation

by Phil Hall | Dec 11, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Wells Fargo & Co. (NYSE:WFC) has hired Darlene Goins as president of the Wells Fargo Foundation and head of the San Francisco-based bank’s philanthropy and community impact endeavors. In her new roles, Goins will be responsible for the company’s philanthropic...
Builder Confidence Down for Fourth Consecutive Month

Builder Confidence Down for Fourth Consecutive Month

by Phil Hall | Nov 16, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes fell six points to 34 this month, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marks the fourth consecutive monthly drop in...
CoreLogic Teams with Wells Fargo for Real Estate Tax Processing

CoreLogic Teams with Wells Fargo for Real Estate Tax Processing

by Phil Hall | Nov 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

CoreLogic has entered a new partnership to provide Wells Fargo (NYSE:WFC) Home Lending with real estate tax processing operations. CoreLogic will also manage those services for Wells Fargo’s home loan customers moving forward. This includes the ability for Wells Fargo...
Housing Affordability Index Crashes to Record Low

Housing Affordability Index Crashes to Record Low

by Phil Hall | Nov 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Only 37.4% of new and existing homes sold during the third quarter were affordable to families earning the median income of $96,300, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Opportunity Index (HOI). This is down from...
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