Wells Fargo & Co., San Francisco, has announced the expansion of its association with NASCAR's Petty Enterprises to include Wells Fargo Home Mortgage and the rest of the company's business groups.John Stumpf, Wells Fargo's president and chief operating officer, said the company's three-year partnership with the National Association for Stock Car Auto Racing has "delivered such outstanding value for our consumer finance business" that the company decided to include all its businesses. The company also announced that it has expanded its sponsorship, along with Petty Enterprises, for the 2006 Nextel Cup Series to include drivers Kyle Petty, Bobby Labonte, and Richard Petty. The company can be found online at http://www.wellsfargo.com.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
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The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
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But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
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The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
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The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
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The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
April 18