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Wells Fargo opens mortgage center in Concord  Wells Fargo has opened a new 14,312-square-foot facility in Concord, where it will process mortgage loans originated throughout the Bay Area.read more...


WaMu dropping 2 mortgage types (Seattle Times)  Pacific Northwest Washington Mutual said Wednesday it would stop offering negative-amortizing loan products and WaMu Mortgage Plus loans...read more...


IAC Loses $369.9M on Mortgage Woes (AP via Yahoo! Finance)   Barry Diller's IAC/InterActiveCorp reported Wednesday that it lost $369.9 million in its fourth quarter, due to higher taxes, difficulty in its mortgage referral unit and costs for proposed spinoffs


IndyMac mortgage loss dwarfs its own forecast (Reuters via Yahoo! News)   IndyMac Bancorp Inc , one of the largest independent U.S. mortgage lenders, on Tuesday posted a quarterly loss more than five times larger than it had projected, hurt by


Borders stock drops a day after company lowers outlook  Shares of Borders Group Inc. fell Wednesday, a day after the bookseller announced an 84 percent drop in net income and lowered its earnings expectations for the year.read more...


When your lender goes bankrupt  You've been preapproved for a mortgage and the lender goes bust. What now?read more...

April 7th, 2006

Builder Magazine Ranks Wells Fargo Home Mortgage Tops in Recent Survey (Real Estate News)

RISMEDIA, April 10, 2006?A survey by Builder Magazine has ranked Wells Fargo Home Mortgage as the nation’s “finance/mortgage company brand most used.” The annual survey sample was selected from builders, builder-developers and general contractors who are readers of this leading housing industry magazine. Survey respondents were asked to rank nine finance/mortgage companies from a number of

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