Posted To: Pipeline Press
Life is full of decisions. One space or two after a period in a sentence? Move to a state with no state income tax, or stay put? Wells Fargo is no longer the largest bank in the U.S. based on workforce, and I imagine trimming overhead was a conscious decision on Wells’ part. If you’re in the wholesale or correspondent channel, is there enough profit margin left to beef up your compliance department or to set aside money for potential liabilities and buybacks in the future? Or do you decide to make other moves? Fiscal Year (FY) 2022 funding for Rural Development’s Single-Family Housing Guaranteed Loan Program is available. The funding is authorized by H.R. 5305 the “Extending Government Funding and Delivering Emergency Assistance Act” of FY 2022. (Today’s…(read more)
Source: Mortgage News Daily
