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Before joining NMN, our new reporter Elina Tarkazikis was a real estate agent. From endless fees to the benefits of working on a team, she explains why many things agents should know entering the business also apply to mortgage loan officers.
August 24 -
There are outstanding questions about whether Elizabeth Duke, who has been on Wells Fargo's board since January 2015, is the right person to lead a culture change at a large bank mired in scandals and investigations.
August 16 -
Duke, currently vice chairman, was rumored to be a likely contender for the chairman spot last week.
August 15 -
Zillow Group and the Consumer Financial Protection Bureau will attempt to negotiate a settlement to resolve an investigation into whether its co-marketing advertising for real estate and mortgage companies violates the Real Estate Settlement Procedures Act.
August 11 -
Chairman Stephen Sanger could step down ahead of the embattled bank's next annual meeting, according to a news report, clearing the way for the elevation of Duke, the current vice chairman and a former Fed governor and banking executive.
August 10 -
Banks pay their loan officers less than independent mortgage bankers do, but the level of sales support provided negates the difference, a study from Stratmor Group said.
July 28 -
A decline in overall customer brand perception has stalled mortgage servicer satisfaction, ending a multiyear trend of steady improvements, according to J.D. Power.
July 27 -
It’s a very large number for any bank, but Bank of America executives said the move makes good economic sense and promotes relationship-building with customers.
July 21 -
The national median home value was above $200,000 in June, breaking a barrier that was not reached during the housing boom.
July 21 -
The regional bank reported an 8% gain in fee income and trimmed costs amid 1% loan growth.
July 20 -
Colony American Finance has been rebranded as Corvest American Lender in the wake of equity and asset acquisitions by funds affiliated with Fortress Investment Group.
July 19 -
From Indianapolis to Nashville, here's a look at the 15 hottest residential real estate markets of summer 2017.
July 13 -
New compliance challenges and competition make real estate alliances harder to secure. But they're essential for lenders to maximize market share. (Part three in a four-part series on the mortgage industry's response to the housing inventory shortage.)
July 13 -
A builder promises to offer that rarest of products in Palm Beach County's real estate market — new single-family homes priced at less than $300,000.
July 13 -
The inventory crunch caused the time a property lists until it goes into contract to reach a new low in June, at 36 days, according to Redfin.
July 13 -
New and used auto lending broke records, while HELOCs and second mortgages reached levels not seen since 2012.
July 3 -
Financial firms say the database is unreliable and would like to see it removed from public view. But the industry would also lose access to competitive insights that can be gleaned from the massive trove of consumer complaints.
June 26 -
Mounting compliance risks and an evolving landscape for how consumers shop for homes and mortgages have some lenders re-examining whether they still need co-marketing arrangements with real estate brokerages.
June 12 -
Real estate site Zillow is launching a $1 million competition among data scientists to improve its "Zestimate" home valuations, but said the crowdsourcing initiative is unrelated to recent lawsuits filed in Chicago against the company.
May 26 -
Here's a look at the top cities where out-of-town house hunters are looking to buy. Mortgage lenders can capitalize on these trends with targeted marketing and specialized customer service to cater to these consumers.
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