News

Report: Wells Fargo seeks larger chunk of mortgage market

Wells Fargo & Co. is pushing its mortgage unit to increase its share of the U.S. home lending market to 40 percent, according to a report.

BlackRock appoints new CIO to real estate securities team

BlackRock Inc., the world’s largest money manager announced on Tuesday the appointment of Sherry Rexroad as chief investment officer for its newly launched global real estate securities team, effective immediately.

Pa. lawmakers want mortgage settlement for mortgage aid

Pennsylvania's House of Representatives has voted unanimously on Tuesday, passing a state Senate bill that will use all funds from the National Mortgage Settlement to aid homeowners at risk of foreclosure.