Page 3 - Purpose Credit Program News Today

Stamford-headquartered Webster Bank (NYS:WBS) has introduced its Special Purpose Credit Program (SPCP) to provide homeownership opportunities for low-to-moderate income first-time homebuyers and those seeking to refinance in historically underserved areas.

Wells Fargo received an MRA notice from the CFPB in 2022 on discrimination problems with loan discounts: CNBC

Wells Fargo, until recently the biggest player in U.S. mortgages, has repeatedly felt regulators' wrath over missteps involving home loans.

Wells Fargo, until recently the biggest player in U.S. mortgages, has repeatedly felt regulators’ wrath over missteps involving home loans.

Wells Fargo & Company (NYSE:WFC) found itself in hot water with the Consumer Financial Protection Bureau last year during an investigation into potentially...

Sometimes I’ll get curious about something that’s interesting but not interesting enough to justify a full column. Here are two such things packaged together like Frankenstein’s monster.

Firm previously announced it would hire 500 bankers by 2024 Firm hosts inaugural “Make Your Move Summit” for small business owners with Matthew McConaughey, Mark Cuban, Sheryl Swoopes, Jay...

Learn about Wells Fargo's Special Purpose Credit Program (SPCP) and how it aims to advance homeownership for minority customers. Get details on the program and tips for homebuyers.

National MI turned heads yesterday by announcing its temporary increase to AUS conforming loan amounts, despite the official FHFA word not coming until the end of November. (More below on the amounts.) Our biz is filled with “numbers people,” good or bad. According to Curinos, September 2023 funded mortgage volume decreased 30 percent YoY and 14 percent MoM. The average 30-year conforming retail funded rate in September was 7.01 percent, 18bps higher than August and 146bps higher t...

It makes additions to its roster of programs that aim to provide housing-related help