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7 May 2014, 10:55 pm by Judy Wolf
  Wells Fargo to  answer questions on foreclosure manual The country’s biggest mortgage servicer, Wells Fargo, recently lost its fight to keeps its procedure manual for its mortgage foreclosure lawyers out of a federal court in New York. [read post]
28 Oct 2010, 5:31 am by Gallagher & Associates Law Firm
Wells Fargo described the mistakes as technical and said it has no plans to halt the foreclosure process, though filing new paperwork will cause some delays. [read post]
The Securities and Exchange Commission (“SEC”) charged Well Fargo’s brokerage firm and a former VP for selling investments tied to mortgage-backed securities without completely evaluating and comprehending their complexities or disclosing their risks. [read post]
20 Apr 2018, 2:35 pm by Lax & Neville LLP
On Friday, April 20, 2018, regulators announced a $1 billion fine against Wells Fargo over claims of misconduct and poor oversight in the auto lending and mortgage lending channels of Wells Fargo’s business. [read post]
20 Apr 2018, 2:35 pm by Lax & Neville LLP
On Friday, April 20, 2018, regulators announced a $1 billion fine against Wells Fargo over claims of misconduct and poor oversight in the auto lending and mortgage lending channels of Wells Fargo’s business. [read post]
30 Apr 2014, 7:06 am by doug
The book in question is called the “Wells Fargo Home Mortgage Foreclosure Attorney Procedure Manual. [read post]
5 Nov 2009, 8:26 am
The Consumerist blog has posted the full text of the two remarkable Wells Fargo loan officer affidavits that describe in detail the lender's systematic targetting of Black homeowners to sell them high-price subprime mortgages, regardless of how good their credit might have been. [read post]
20 Apr 2018, 10:54 am by Austin Koltonowski
The Consumer Financial Protection Bureau (CFPB) and the Office of Comptroller of the Currency (OCC) [official websites] found that Wells Fargo unfairly failed to follow the mortgage-interest-rate-lock process it explained to some prospective buyers and unfairly administered a mandatory insurance program related to its auto loans. [read post]
5 Apr 2011, 12:12 pm by Securites Lawprof
The SEC announced that Wells Fargo Securities LLC agreed to settle charges that Wachovia Capital Markets LLC engaged in misconduct in the sale of two collateralized debt obligations (CDOs) tied to the performance of residential mortgage-backed securities as the U.S.... [read post]
22 Jan 2015, 1:49 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]
9 Nov 2012, 5:30 am by Russell Koonin
We also think that Mortgage loan originators all over the country would be happy to offer suggestions to Wells Fargo as to available defenses. [read post]
4 Sep 2018, 1:10 pm by SD PI Lawyer
Details of the Class Action Suit The class action suit that resulted in this ruling was on behalf of the Wells Fargo bankers and mortgage consultants who worked at the California bank between March 2013 and August 2017. [read post]
12 Jul 2012, 12:08 pm by Jenna Greene
Since 2008, Wells Fargo has been the largest home mortgage originator in the United States, responsible for one in four new mortgages. [read post]
15 May 2011, 10:06 pm
Wells Fargo & Co stated that as of 31 March 2011 its loans in active trial or completed mortgage modifications were 664,195. [read post]
7 Dec 2010, 4:30 am
The California law firm of Harwood Feffer, LLP has announced that it has filed a class action lawsuit against Wells Fargo and its mortgage servicer America's Servicing Company (ASC) for inducing homeowners into defaulting on the mortgages by telling them they would not be eligible for a mortgage modification while they were current on their payments. [read post]