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Mortgage modification firms settle complaints

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Mortgage modification firms settle complaints
Published : Wednesday, 06 Mar 2013, 7:16 AM EST. RICHMOND, Va. (AP) – Virginia has reached settlements with two affiliated mortgage loan modification companies accused of illegally charging advance fees to clients seeking foreclosure rescue services.
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JPMorgan Chase is moving up in the mortgage business, in just about every way possible. Only a few years ago, customer satisfaction surveys available from J.D. Power and Associates placed the mortgage originator and servicer past 10th place — hardly …
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Wells Fargo CFO expects drop in mortgage revenue
But industry observers have wondered whether Wells can continue to see such gains, especially if mortgage rates were to increase. Addressing those concerns, Sloan said the company is focused on diversifying its revenue streams outside of its mortgage …
Read more on Charlotte Observer

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