Wells Fargo has launched an improved website for brokers to interface with Wells, giving them the freedom to tap into various resources.For example, the system's online mutual fund center gives brokers the power to tailor investment decisions to their customers' needs with search tools that allow for comparison shopping of over 7,000 funds. In addition, Wells reported that the site can be customized so brokers can view their entire pipeline. Each loan on the site also has a designated Wells Fargo financial adviser that can update the loan information around the clock.
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One-time Rocket exec Mike Fawaz founded brokerage and tech firm Origna8 with his former adversary's backing, which both say will enable it to quickly scale.
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Federal Reserve Chair Jerome Powell told reporters Wednesday that he would remain on the Fed board after his term as chair expires next month, resolving the last and most significant open question about his departure and the onset of Kevin Warsh's leadership at the central bank.
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President Biden had issued a rule in 2024 requiring newly constructed homes to abide by an energy mandate to be eligible for FHA- or USDA-backed mortgages.
April 29 -
Eligible purchases with the Better Home Equity Card, which lets homeowners instantly spend funds drawn from a home equity line of credit, earn 1% cashback.
April 29 -
Kevin Warsh's nomination to be the next chair of the Federal Reserve passed through the Senate Banking committee in a party-line vote.
April 29 -
Using a non-GAAP measurement, the real estate investment trust, preparing to be bought by CrossCountry, reported a $25 million loss for the first quarter.
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