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1 Dec 2010, 10:42 am
Fannie’s recent reminder to banks signals a growing impatience with delays that have become “exaggerated and unmanageable,” says Edward Delgado, a former Wells Fargo & Co. executive who is now chief executive of the Five Star Institute, a provider of training programs for mortgage professionals. [read post]
30 Nov 2010, 8:35 pm
Officials from Ally Financial, Bank of America, JPMorgan Chase, Citigroup and Wells Fargo said they don't believe any document errors led to foreclosures that would not have occurred otherwise. [read post]
30 Nov 2010, 9:54 am
I successfully bid for the paintings and sit with a Christie's director to arrange for our Wells Fargo Bank to transfer the funds, a total of $26.5 m, to the Christie's account at Chase Manhattan. [read post]
30 Nov 2010, 6:30 am
While this is a staggering number of affidavit errors, it pales in comparison to the 102,000 affidavits re-filed by Bank of America and 55,000 affidavits being re-filed by Wells Fargo. [read post]
29 Nov 2010, 8:13 am
In Wells Fargo v. [read post]
29 Nov 2010, 7:09 am
But Wells Fargo said that the improved results in those areas related more to firms rebounding from declines in 2009 than real revenue growth. [read post]
26 Nov 2010, 12:42 pm
Watch Out for Wells Fargo and Wachovia! [read post]
24 Nov 2010, 1:28 am
Wells Fargo Bank, N.A. [read post]
23 Nov 2010, 4:44 pm
This means that if your mortgage servicer (BAC Home Loan, Wells Fargo, Chase, Green Tree, etc) obtained the loan after it was in default (i.e. you were late), then normally it will be considered a debt collector. [read post]
22 Nov 2010, 11:04 am
The showdown between the Pequots and their lenders, which include Bank of America Corp. and Wells Fargo & Co., has raised what was once an unthinkable question: What happens if a sovereign tribe defaults? [read post]
21 Nov 2010, 7:50 pm
Two years ago, the banking, business, and legal trade papers and blogs were abuzz with the merits of the claims made by Citigroup against Wells Fargo and Wachovia over the machinations of those organizations and the FDIC in the sale of Wachovia first to Citi and then to Wells Fargo. [read post]
21 Nov 2010, 5:28 pm
So even though both parties spoke the language of the other quite well and even though both parties were international lawyers, a miscommunication occu [read post]
18 Nov 2010, 4:02 pm
Department of HUD, Office of the Comptroller of the Currency, the Federal Housing Finance Agency, Bank of America, Ally Financial Inc, JPMorgan Chase, Wells Fargo Home Mortgage Servicing, Citi Mortgage, and MERS.Jordan E. [read post]
18 Nov 2010, 12:37 pm
Sept. 30, 2009), a medical device case that we discussed before, the court ruled in no uncertain terms that TwIqbal applied to any complaint removed to federal court:Contrary to Plaintiffs’ assertions, it is well-settled that the Federal Rules of Civil Procedure apply in federal court, irrespective of the source of the subject matter jurisdiction, and irrespective of whether the substantive law at issue is state or federal. [read post]
18 Nov 2010, 5:46 am
Although Bank of America was first out of the gate to put a national moratorium on foreclosures, they were quickly joined by JP Morgan, Wells Fargo, and Citigroup, all recalling tens of thousands of foreclosures suspected of being robo-signed. [read post]
17 Nov 2010, 9:45 pm
Morgan Chase and Wells Fargo – hoping agreements with those companies will serve as a model for others. [read post]
17 Nov 2010, 4:01 pm
Liu, on behalf of the trustees of the New York City Pension Funds, is calling on directors at Bank of America Corporation (NYSE: BAC), Wells Fargo & Company (NYSE: WFC), JPMorgan Chase & Co. [read post]
17 Nov 2010, 8:50 am
What happens when Wachovia is bought by Wells Fargo (as has occurred) and the bank and account number change? [read post]
16 Nov 2010, 8:44 am
New York City’s pension funds have filed a new shareholder proposal at Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo & Co. that ask each bank’s audit committee to conduct an independent review of mortgage servicing practices. [read post]
14 Nov 2010, 10:22 am
While some of the bigger banks such as Wells Fargo and Bank of America are not yet offering small and short term loans, many other regional banks are. [read post]
