CRA Trends; Homeowner’s Insurance and Title News; Subservicing Product

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Posted To: Pipeline Press

The total number of slot machines in Las Vegas is down 23 percent from its peak in 2001, partially because slot gambling never really clicked with younger generations. But the casino business derives most of its revenue from the machines, so it’s looking into ways to get millennials interested in slots. Some people really like statistics, lists, and rankings. I mention this because Quicken Loans Inc. announced that it surpassed Wells Fargo & Co. in volume surpassed Wells Fargo & Co. in volume of mortgage originations in the fourth quarter of 2017. Quicken Loans reported Thursday that it originated $25 billion in home loans in the last three months of 2017, while Wells Fargo reported $23 billion in residential mortgages for the quarter. Thrilling and Chilling CRA News When I was…(read more)

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