At times, the generational divide in mortgage lending feels like the setup to a workplace sitcom: the Gen X loan officer wonders why no one returns their voicemail, while the Gen Z loan officer never even bothered to configure theirs. Beyond the humor, there’s a real operational issue: knowledge that took 30 years to accumulate […]
How AI may help mortgage lending weather a talent crunch Read More »
Forward look: Wells Fargo is projecting $50 billion in 2026 net interest income, a 5% increase over the 2025 result. Expert quote: “The cash flow, the spending levels, the credit performance has all been quite good so far.” — Chief Financial Officer Mike Santomassimo, commenting on Wells’ consumer results Supporting data: Wells’ total assets reached
Strong consumer results push Wells Fargo profits higher Read More »
Lower Mortgage announced a new acquisition this week, with a purchase of Acopia Home Loans that is set to expand its presence in the Southeastern U.S. Processing Content The deal adds 14 branches and 36 loan originators to Lower’s network. Founded in 2007, Goodlettsville, Tennessee-based Acopia is currently licensed in 12 states, stretching from Texas
Lower acquires Acopia, expands its Southeast U.S. reach Read More »