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4 Jun 2019, 11:14 am by ccollins
With 28 years in the industry, Strnad was most recently a Wells Fargo (WFC) broker and also previously a Citibank (C) broker. [read post]
1 May 2019, 4:31 am by Andrew Lavoott Bluestone
“The period of limitations in a legal malpractice action begins to run when the malprac~ice is committed … , not when the client discovers the injury/’ (Wells Fargo Home Mortgage, Inc. v Zeichner, Ellman & Krause, LLP, 5 AD3d 128, 128-29 [1st Dept 2004] [internal citation omitted]). [read post]
1 Apr 2019, 2:44 pm by Stephanie Abbott
Kirk Lawrence Brannan, 65, Lake Jackson, Texas pleaded guilty today for his role in a mortgage fraud scheme, admitting he conspired with others from 2005 to 2009 to execute a scheme to defraud Wells Fargo Bank and other lenders. [read post]
22 Mar 2019, 8:17 am by Danielle D'Onfro
After Dennis Obduskey defaulted on his mortgage, McCarthy & Holthus, on behalf of its client Wells Fargo, sent him a notice in 2014 initiating a nonjudicial foreclosure. [read post]
27 Feb 2019, 7:40 am by ccollins
Philadelphia is accusing Bank of America, Citigroup, Goldman Sachs, Wells Fargo (WFC), JPMorgan Chase, Barclays, and Royal Bank of Canada (RBC) of colluding together to rig variable rate demand obligations (VRDOs) by agreeing not to compete against one another for re-marketing services involving these securities. [read post]
22 Jan 2019, 3:38 pm by Darren S. Teshima
The dismissal follows a settlement that resolves the litigation brought by Royal Park accusing Wells Fargo of breaching its contractual duties as trustee of two RMBS trusts, including the alleged failure to notify and enforce repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties. [read post]
9 Jan 2019, 10:10 am by Danielle D'Onfro
McCarthy Holthus LLP, on behalf of its client Wells Fargo, sent Dennis Obduskey such a notice in 2014. [read post]
31 Dec 2018, 8:03 am by Danielle D'Onfro
In August 2015, Obduskey sued McCarthy and Wells Fargo for violations of the FDCPA and Colorado law. [read post]
28 Dec 2018, 7:13 am
$575 Million Wells Fargo SettlementOn December 28, 2018, Wells Fargo Bank, N.A. entered into a $575 million settlement with all 50 states and the District of Columbia http://brokeandbroker.com/PDF/WF1812SettlAg.pdf that effectively resolves investigations by the states Attorneys General into: Force-Placed Collateral Protection Insurance; Guaranteed Asset/Auto Protection; Mortgage Rate Lock; andSales Practices related to i) consumer and… [read post]
27 Sep 2018, 8:16 am by ccollins
Read the SEC Complaint in the Caufield Case (PDF) South Texas Investment Promoter Gets 25-Year Sentence for Multi-Million-Dollar Fraud, Texas State Securities Board, August 18, 2018 SEC bars Texas adviser for cheating more than 40 investors, InvestmentNews, September 26, 2018 More Blog Posts: Another Texas-Based Wells Fargo Broker is Barred by FINRA, September 12, 2018 Dallas, Texas-Based Wells Fargo Broker Expelled by FINRA, August 30, 2018 Investors in UDF IV… [read post]
18 Sep 2018, 5:00 am by Bert Louthian
Wells Fargo has also acknowledged that they charged more than 100,000 home buyers needless mortgage fees. [read post]
7 Sep 2018, 12:30 pm by John K. Ross
Wells Fargo summarily terminates employees who it determines have been convicted of crimes involving dishonesty (which make them legally ineligible for employment at an FDIC-insured institution). [read post]
6 Sep 2018, 7:12 am by Cathy Moran
Banks, most especially Wells Fargo, seem to relish denying refinance applications for debtors who’ve gotten a bankruptcy discharge. [read post]