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26 May 2011, 2:06 pm by Securites Lawprof
Bank of New York Mellon Corp. and Wells Fargo Bank, who were trustees for Medical Capital Holdings, have sued a number of broker-dealers that marketed the Med Cap private placement offerings, claiming that the broker-dealers sold the securities to investors... [read post]
26 May 2011, 5:29 am by Mandelman
And in 2009-10, commercial banks gave him $91,975… the American Bankers Association kicked down another $20,000, and Wells Fargo Bank was his single largest campaign contributor at $15,550. [read post]
25 May 2011, 7:16 am
Countrywide and Wells Fargo have also been accused of targeting minorities for expensive subprime loans, a practice known as reverse redlining. [read post]
25 May 2011, 6:14 am
A mortgage servicing company such as LPP, BAC, PHH, Chase, Wells Fargo, etc. that does not own the loan but is "servicing it" -- collecting payments, handling escrow, etc -- is a debt collector . . . if it received the loan when the loan was in default. [read post]
25 May 2011, 12:06 am
Bank of America, Wells Fargo and Chase and the nation's biggest banks and mortgage lenders have steadily amassed real estate empires, acquiring a glut of foreclosed homes that threatens to deepen the housing slump and create a further drag on the economic recovery. [read post]
24 May 2011, 3:16 am by Broc Romanek
In comparison, AFSCME praises four other fund families for being "pay constrainers" (Dimensional, Dreyfus, Oppenheimer and Wells Fargo). [read post]
21 May 2011, 7:50 am by Mandelman
American Banker says that the scale of the reviews means that Bank of America and Wells Fargo will each have to allow auditors to review thousands of foreclosure files, with dates from Joanuary of 2009 through December 2010. [read post]
20 May 2011, 6:00 pm
To read more on this article, visit Modis Building will be Wells Fargo Center. [read post]
19 May 2011, 6:55 am
The report said two of the five banks refused to cooperate with the audits, and at least one, Wells Fargo, employs top executives who broke the law. [read post]
19 May 2011, 12:01 am by Mandelman
According to the sources, the Wells Fargo investigation concludes that senior managers at the firm, the fourth-largest American bank by assets, broke civil laws. [read post]
18 May 2011, 7:29 pm
If you are having problems with your loan with Wells Fargo, you should seek the advice of an attorney. [read post]
On May 5th, FINRA announced it has fined Wells Fargo Advisors, $1 million for its failure to deliver prospectuses to 934,000 investors who invested in Wells Fargo mutual funds in a timely manner. [read post]
18 May 2011, 10:00 am by Lucas A. Ferrara, Esq.
After settlement, Sneijder paid off the Wells Fargo line of credit but did not close it. [read post]
18 May 2011, 6:04 am
Wells Fargo claims that it gave the Johnsons ample opportunities to work something out. [read post]