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by Pillsbury's Construction & Real Estate Law Team In our latest roundup, environmental regulations tighten for commercial properties, Wells Fargo sells most of its commercial mortgage services business, first-time home buyers struggle with housing affordability, and more! [read post]
10 Oct 2012, 2:57 am by Ben Vernia
According to the SDNY’s press release: WELLS FARGO, the largest originator of home mortgages in the United States, has been a participant in the Direct Endorsement Lender program – a federal program administered by FHA – since 1986. [read post]
1 Feb 2024, 1:41 pm by Race to the Bottom
(https://www.forbes.com/sites/qai/2023/01/11/wells-fargo-is-backing-out-of-the-mortgage-marketwhat-does-it-mean-for-homebuyers/? [read post]
14 Jun 2012, 5:59 am by Mandelman
It is believed that the actions were taken in retaliation for a recent series of articles by ML-Implode blogger Martin Andelman which pulled no punches in criticizing Wells Fargo over its foreclosure practices — in particular the tragic and horrific case of Norm Rousseau who was driven to suicide after Wells Fargo lost a mortgage payment and mistakenly foreclosed on the family’s home, despite a lengthy back-and-forth process… [read post]
4 Apr 2012, 7:14 am by Ryan Blay
  You probably heard about the Bank of America/Chase/Citigroup/Wells Fargo/GMAC (Ally) settlement from the attorneys general of 49 states. [read post]
9 Feb 2012, 8:00 pm by A. Brian Albritton
The $25 billion settlement reached announced today between the federal government and state attorneys general with the five largest mortgage service companies (Bank of America Corporation, JPMorgan Chase & Co., Wells Fargo & Company, Citigroup Inc. and Ally Financial Inc. [read post]
20 Apr 2012, 7:36 am
Even when he filed for bankruptcy protection, Wells Fargo continued to falsely apply these amounts. [read post]
26 Oct 2009, 2:01 pm by R. Grace Rodriguez, Esq.
Who knows what the ultimate outcome will be but, at the end of the day, Wells Fargo and PPH got SLAPPED! [read post]
27 Jan 2009, 5:41 am
By Alan WhiteNo more than 10 companies now service most of the mortgages in the U.S, including the four big banks (Citi, Wells Fargo, Chase and BofA). [read post]
28 Jan 2009, 5:51 am
  Let's hope this design influences the soon-to-be-announced Administration plan to address the foreclosure crisis.Update:  Wells Fargo's announcement Monday that it will offer streamlined modifications to 478,000 Wachovia borrowers includes a promise to write down principal in areas where home values have declined significantly. [read post]
19 Apr 2012, 3:59 am by Mandelman
  Send them one by one, homes all sold by substitute trustee, We’ll rape them, rob them, force them out Wells Fargo’s golden door. [read post]
15 Aug 2014, 9:02 pm
b) If your mortgage lender or servicer is Bank of America, Chase Bank, CitiBank, GMAC/Ocwen, or Wells Fargo and it is either not allowing reaffirmations or using that as an excuse to not proceed with a refinancing or modification, contact the California Monitor for the National Mortgage Settlement. [read post]
21 Aug 2012, 10:09 am
Five major mortgage lending banks were involved in the settlement: GMAC, Bank of America, Citi, JP Morgan, and Wells Fargo. [read post]
21 Feb 2012, 10:17 pm by Mandelman
  The following month, October, Patricia’s home heating system required major repairs, so the next time she was able to make her mortgage payment was the following month, November. [read post]
4 Oct 2013, 2:00 pm by Carlos A. Kelly
Between the time we began preparation of the September 12 update and the time we posted the update, the hearing on the plaintiffs' motion for a preliminary injunction and the defendants' motion to dismiss in the Wells Fargo Bank v. [read post]