Home » Short Takes: Wells Employee Arrested in Money Laundering Probe / Applications Off 25 Percent at Some Shops / Reg Relief for Small Balance Mortgages / MBA Wants Say on Securitization Platform / Foreclosures Continue to Tumble

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Short Takes: Wells Employee Arrested in Money Laundering Probe / Applications Off 25 Percent at Some Shops / Reg Relief for Small Balance Mortgages / MBA Wants Say on Securitization Platform / Foreclosures Continue to Tumble

July 11, 2013

Paul Muolo

In general, mortgage applications are off 25 percent from their peak. Meanwhile, a Wells Fargo employee with an NMLS number has been arrested.

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Short Takes: Wells Employee Arrested in Money Laundering Probe / Applications Off 25 Percent at Some Shops / Reg Relief for Small Balance Mortgages / MBA Wants Say on Securitization Platform / Foreclosures Continue to Tumble

Latest Imf News

Purchase-Mortgage and Refi Volume Diverge in Second Quarter

Losses Increase at Homebuilder Hovnanian Enterprises

Insurance Companies Add to Whole-Loan Mortgage Holdings

New Listings for Homes Up, Asking Price Slips

Featured Data

GSEs Deliver Consistent Profits; No Closer to Solvency

Bank Mortgage Earnings Tick Up in Second Quarter

Non-Agency Pushes CMBS Issuance Up Slightly in 2Q

PMIs Gain Purchase Share, Refinance Share Slips

Featured Reports

Agency Seller-Issuer Profile: 1Q26 (PDF)

2026 Mortgage Market Statistical Annual (PDF)

IMF HMDA Dashboard: 2025

Guide to Mortgage Lending to First-Time Homebuyers

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