What was behind the year-over-year declines in profits that JPMorgan Chase, Citigroup, and PNC Financial Group all experienced in Q3?
Read More »For Now, Wells Fargo’s Earnings are Solid
It has been a tumultuous week for Wells Fargo that included a leadership change at the top. It remains to be seen how these changes will affect Q4 profits, but as for Q3, the bank turned in a solid report.
Read More »This Demographic is Loving the American Dream
The overall decline of the U.S. homeownership rate has been well-documented. But the rate hasn't been declining for all groups.
Read More »Q&A With Fifth Third’s Ed Robinson, Head of Mortgage
Head of Fifth Third Mortgage Edward L. Robinson recently spoke with MReport about his new role with Fifth Third and the current state of the originations market. This feature originally appeared in the October 2016 issue of MReport magazine.
Read More »Prepare for Takeoff: Mortgage Rates Set to Climb
Mortgage rates hovered record lows for most of the summer. But one analyst said that is likely about to change.
Read More »Housing Market Overview: Even the Weak Look Pretty Good
The future looks bright for residential real estate markets, according to one analysis. Why the rosy outlook?
Read More »Top Lenders’ Market Share at Decade Low
The nation's top mortgage lenders have seen a significant decline in mortgage concentration since it peaked in 2011.
Read More »Wells Fargo CEO John Stumpf Abruptly Retires
Wells Fargo Chairman and CEO John Stumpf announced his retirement, effective immediately, on Wednesday. See what financial industry stakeholders had to say about it.
Read More »‘Close Call’ Could Mean Rate Hike is Imminent
The 10 voting members of the Fed’s policymaking arm are sharply divided on whether or not the economy is ready for a short-term rate increase.
Read More »The Homeownership Outlook is Bleak—Or is It?
The national homeownership rate has been dropping for more than a decade, and some experts predict it might dip even lower. According to one analysis, however, there are other factors to consider when forecasting where the homeownership rate will go.
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