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4 Mar 2010, 12:44 pm
Bank of America and Wells Fargo were sued in Massachusetts for providing trial modifications, but failing to permanently modify the loan. [read post]
1 Mar 2010, 7:44 pm
Fannie and Freddie are the only game in town when it comes to loan purchases, while the GSEs need big loan originators like Wells Fargo, Bank of America, and JP Morgan Chase, so it can't afford to financially damage them or honk them off to the point that they get really creative and find a way to bypass Fannie and Freddie or simply say "screw it" and focus on something more profitable and less likely to involve the US Government changing the deal on them… [read post]
1 Mar 2010, 1:58 pm
Wells Fargo Bank Minn., N.A. v Mastropaolo, 42 AD3d 239). [read post]
1 Mar 2010, 9:21 am
Also, a staggeringly large proportion of the plaintiffs were Bank of America or Wells Fargo. [read post]
27 Feb 2010, 6:25 am
Plaintiffs have filed lawsuits against Bank of America and Wells Fargo, claiming that the companies did not honor agreements to make their temporary loan modifications permanent through the U.S. [read post]
26 Feb 2010, 1:06 pm
It is also reported that Wells Fargo has increasingly used principal reductions with option ARM mortgages, which it primarily acquired from Wachovia in 2008.Jordan E. [read post]
24 Feb 2010, 7:54 pm
Here (via Walter Olson via Brian Tannebaum), by contrast, is the story of Wajahat Ali, a law school graduate who got over his sense of entitlement, girded his loins, and did legal battle (from his parents’ house, no less) with the “shit-covered bear” of Wells Fargo Bank to save his first clients’ home. [read post]
24 Feb 2010, 12:44 pm
” Wells Fargo, the fourth largest U.S. bank by assets, plans to hold its first voluntary vote at its annual meeting in late April. [read post]
17 Feb 2010, 11:10 am
Wells Fargo respectively submits that the Court’s dismissal was contrary to Seventh Circuit precedent as well as fundamental fairness and basic due process because: (i) Wells Fargo was not granted leave to amend its Complaint to demonstrate that the defendant had waived sovereign immunity; and (ii) Wells Fargo was not permitted to present evidence and argument regarding whether the Trust Indenture was a “management… [read post]
16 Feb 2010, 7:26 am
As for the other proposals that the city received and rejected, Chase presented only a three-year deal; Umpqua Bank was asking for a minimum interest rate of 3.5%; and Wells Fargo had slightly higher interest rates than B of A, with interest rate increases built in if the city's credit rating deteriorated. [read post]
16 Feb 2010, 3:44 am
That motion was granted because Franklin submitted validly executed mortgage documents and evidence of Williams's default, and Williams could not raise a triable issue of fact (see Wells Fargo Bank, N.A. v Webster, 61 AD3d 856). [read post]
16 Feb 2010, 12:29 am
JP Morgan Chase, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup and Wells Fargo, along with their top executives, traders, and major investors, have benefited handsomely. [read post]
12 Feb 2010, 2:15 pm
The proposals that were rejected were from JPMorgan Chase, Umpqua Bank, and Wells Fargo. [read post]
11 Feb 2010, 1:44 pm
Nor will they disclose any of the terms of the three competing proposals that were rejected, other than that they came from Chase, Umpqua Bank, and Wells Fargo. [read post]
8 Feb 2010, 2:17 am
Using the domain name for criminal purposes is tantamount to bad faith registration, Wells Fargo & Co. v. [read post]
7 Feb 2010, 9:55 pm
These clients include numerous banks, special services, opportunity funds and pension funds on the structuring and/or exercise of their remedies, such as GE Capital, Midland Loan Services, Helios AMC, HSH Nordbank, AG, HSBC, Wells Fargo Bank, BankAmerica, Morgan Stanley, Sumitomo Mitsui Bank, Colony Advisors, Loan Star, Archon Capital, CalPERS and Washington PERS. [read post]
5 Feb 2010, 6:05 am
Wells Fargo and Bank of America, two of the largest deposit-funded banks, report deposits accounting for approximately 72% and 49% of their total liabilities, respectively, but are both estimated to earn less than 1% of revenues from proprietary trading. [read post]
2 Feb 2010, 7:44 pm
Then again, I don't own stock in Bank of America, J.P.Morgan Chase, or Wells Fargo. [read post]
2 Feb 2010, 4:05 am
The unsuccessful proposals came from Chase, Umpqua Bank, and Wells Fargo. [read post]
1 Feb 2010, 5:04 am
Cristie Drumm, a spokeswoman for the banking giant, said Wells Fargo is examining state and federal laws to determine what the bank's risk is in [read post]
