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7 Oct 2010, 7:03 am by On the Net
Arizona Republic:  “Mortgage relief is on the way for Arizona homeowners who took out ‘pick-a-pay’ loans from two companies that since have been acquired by Wells Fargo. [read post]
28 Feb 2012, 1:05 pm by Securites Lawprof
Wells Fargo & Co. has received a Wells notice from the SEC regarding disclosures in its mortgage-backed securities offering documents, including whether it adequately disclosed risks associated with mortgage-backed securities. [read post]
22 Jan 2015, 1:33 pm by Associated Press
Wells Fargo and JPMorgan Chase have agreed to pay more than $35 million combined to resolve claims that loan officers at the two banks received kickbacks in exchange for steering mortgage borrowers to a Maryland title company. [read post]
17 Aug 2022, 7:02 am by Jon Shazar - Dealbreaker
The post Wells Fargo To Limit The Number Of Mortgages It Can Screw Up, Get In Trouble For appeared first on Above the Law. [read post]
14 Aug 2012, 12:40 pm by Securites Lawprof
The SEC and Wells Fargo settled charges that Wells Fargo’s brokerage firm and a former vice president sold investments tied to mortgage-backed securities without fully understanding their complexity or disclosing the risks to investors. [read post]
20 Apr 2018, 7:23 am by Associated Press
NEW YORK — Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in a wide-ranging scandal at the banking giant. [read post]
12 Jul 2009, 6:32 am
“In this particular case, Wells Fargo holds the first and second mortgages on a condominium, according to Sarasota, Fla., attorney Dan McKillop, who represents the condo owner. [read post]
19 Oct 2010, 12:42 pm by Pamela Stewart, Attorney at Law
Texas Attorney General Greg Abbott and seven other states (Arizona, Colorado, Florida, Illinois, Nevada, New Jersey and Washington) entered into an agreement with Wells Fargo on October 5, 2010 which will provide $5 million in relief to more than 200 Texas homeowners who had payment option (pick-a-pay) adjustable rate mortgage loans with Wells Fargo. [read post]
24 Jul 2007, 4:05 am
Wells Fargo & Co. ended offerings of 2/28 subprime mortgage loans, in a decision the company directly attributed, in part, to market pressure. [read post]
13 Jul 2012, 3:15 am by propertyprof
Wells Fargo, the nations largest mortgage lender, has agreed to pay $175 million to settle accusations that it pushed black and latino borrowers into high costs loans and then charged them excessive fees. [read post]
28 Jul 2011, 8:54 am by Bankruptcy Legal Group
The Federal Reserve found that Wells Fargo employees improperly steered borrowers into subprime loans and falsified information on mortgage applications. [read post]
20 Dec 2022, 8:28 am by jeffreynewmanadmin
Wells Fargo has agreed to pay $3.7 billion deal with regulators to resolve allegations that it harmed more than 16 million people with deposit accounts, auto loans and mortgages. [read post]
14 Aug 2012, 11:35 am by Max Slater
[JURIST] The US Securities and Exchange Commission (SEC) [official website] announced Tuesday that Wells Fargo [corporate website] will pay a $6.5 million fine [order, PDF] for improperly selling high-risk mortgage securities to investors during the housing market crash in 2007. [read post]
27 Apr 2012, 9:30 am by Philip R. Stein
In fact, the next communication that it receives from Wells Fargo is one that, shockingly enough, is published by Wells Fargo to huge numbers of active participants in the mortgage industry. [read post]
6 Oct 2010, 11:07 pm by By DEALBOOK
Wells Fargo is paying $24 million to end an investigation by eight states into whether lenders acquired by the bank made risky mortgages to consumers without disclosing their perils. [read post]
14 Aug 2012, 12:50 pm by By BEN PROTESS
Wells Fargo settled a case with the S.E.C. involving asset-backed commercial paper that it sold to nonprofit groups, local governments and other investors. [read post]
18 May 2011, 7:29 pm
Wells Fargo and other banks have been targeted by federal and state attorneys general investigators as the biggest violators of borrowers' rights in the current mortgage crisis. [read post]
10 Aug 2009, 6:33 am
” Article: Posted in Uncategorized Tagged: Linkedin, second mortgage, Wells Fargo [read post]
14 Apr 2016, 12:00 pm by Mark Astarita
Wells Fargo admits deception in $1.2 billion U.S. mortgage accord | Reuters: [read post]