A federal judge has granted final approval to a $110 million shareholder derivative settlement resolving claims that Wells Fargo directors and senior executives failed to properly oversee the bank’s mortgage lending practices. The final approval, announced May 15, paves the way for expanded mortgage assistance programs for low- and moderate-income borrowers in more than 50…
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Military families navigating permanent change-of-station moves and veterans pursuing homeownership through VA-backed loans are increasingly turning to a new real estate network founded by a longtime Navy leader. Military Operated Real Estate (MORE) was started by Travis Winfield, a 24-year U.S. Navy leadership veteran, founder of California-based The Winfield Group Real Estate Team and author…
I’ve been in this business for 50 years. My father was in it for 50 before me. And in all that time, I cannot think of a single moment when the people who actually do the work in American real estate had less say over how that work gets shared, marketed and monetized than they…
MortgageOne TPO, a wholesale mortgage lender and Department of the Treasury-certified Community Development Financial Institution (CDFI), has integrated with the ARIVE platform and launched Pathway, a flagship CDFI loan program aimed at borrowers underserved by traditional mortgage guidelines, the company announced. The dual rollout is being led by MortgageOne TPO managing directors Rich Phillips and…