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Banks to payday lenders: Quit the business or we'll close your account.
Posted to: Around The Web
Friday, April 11, 2014 4:53 PM

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Al LePage has been issuing payday loans out of a suburban Minneapolis storefront for most of the past decade. But on Valentine's Day, a Wells Fargo banker called and gave him 30 days to cease and desist - or risk losing his bank account. Read full article >>


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Mortgage Rates:
  • 30 Yr FRM 4.25%
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  • 15 Yr FRM 3.37%
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  • Jumbo 30 Year Fixed 4.09%
MBS Prices:
  • 30YR FNMA 4.5 107-20 (0-00)
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  • 30YR FNMA 5.0 110-10 (0-04)
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  • 30YR FNMA 5.5 110-28 (0-03)
Recent Housing Data:
  • Mortgage Apps 2.43%
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  • Refinance Index 4.14%
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  • FHFA Home Price Index 0.67%