Wells Fargo Home Mortgage, Des Moines, Iowa,, has announced that it will roll out by year-end a three-part program to help improve the financial well-being of customers who close on a new nonprime home mortgage loan.The program, Steps to Success, will include education, tools, and banking products "designed to put customers on the path to financial stability," the company said. The educational element of the program will provide modules on establishing credit, budgeting, and other topics via Wells Fargo's bilingual financial literacy program, Hands on Banking/El Futuro En Tus Manos. The program will also provide access to a customer's credit report in an easy-to-read format and offer toll-free numbers at which customers can speak with credit education specialists. The third aspect of the program, banking products, will offer checking, savings, and bill-pay products to "encourage solid, automatic money management," Wells Fargo said. The company can be found online at http://www.wellsfargo.com.
-
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




