Pittsburgh Mortgage News

Wells Fargo 4Q profit rises; deposits, loans grow
Wells Fargo 4Q profit rises; deposits, loans grow NEW YORK (AP) — Wells Fargo & Co. says its fourth-quarter profit rose 20 percent, helped by better performance of its loans, growth in deposits and a steadying mortgage business. The bank's card fees dropped 28 percent, largely because of a new law limiting debit card fees charged to merchants..

Wells Fargo net rises on deposits, lending growth
Wells Fargo net rises on deposits, lending growth Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. 10:04 a.m., Tuesday, January 17, 2012 NEW YORK (AP) — A steadier mortgage business, higher commercial lending and an increase in deposits lifted Wells Fargo & Co.'s fourth-quarter profit by 20 percent ...

Al Lewis: Mortgage broker envisions life after prison
One of the few people convicted of mortgage fraud hopes to move on after serving her time, Al Lewis reports.

PNC allocates $240M, contributing to setback for profits
PNC Financial Services Group Inc. set aside the money because it and other big banks may be near a settlement of government allegations of mortgage and foreclosure abuse.

Reverse Mortgage Versus HELOC for Extra Cash?
A reverse mortgage needs to be on your primary residence, and you can't move out of that residence without triggering the payoff of the reverse mortgage.

Lewis: Mortgage broker sees life after prison
One of the few people I've gotten to know who actually went to prison for mortgage fraud is a 50-year-old grandmother from Southern California named Maria Echeverria.

Fidelity Bancorp, Inc. Announces First Quarter Earnings for Fiscal 2012
PITTSBURGH, Jan. 20, 2012 /PRNewswire/ -- Fidelity Bancorp, Inc. of Pittsburgh, Pennsylvania (NASDAQ: FSBI - News), the holding company for Fidelity Bank reported net income for the three-month period ended December ...

Pittsburgh neighborhood residents clean up vacant lots for MLK Day
As our dear overlord Eric Celeste noted this morning , CL staffers spread throughout the city this morning to document and participate in several volunteer efforts underway for Martin Luther King, Jr., Day. CL photographer Dustin Chambers and I visited Pittsburgh , the historic and beleaguered neighborhood just a few miles south of downtown, which, for the last several years, has struggled with ...

Steelers' Arians retires from coaching
The Pittsburgh Steelers announced Friday that offensive coordinator Bruce Arians is retiring from coaching.

Reverse mortgage vs. HELOC for extra cash?
Dear Dr. Don, We own a condo in Florida and a home in Pittsburgh. I just retired at 70 years old, and now money is very tight. Can I qualify for a reverse mortgage on one of my homes? As you know, selling real estate in this market is a problem.