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10 Mar 2010, 6:33 am
Help on New HAMP litigation theory: NCLC with co-counsel has just brought four class action s on behalf of Massachusetts homeowners challenging the failure of Wells Fargo Bank, Bank of America, Indimac, and JP Morgan Chase to honor HAMP agreements to convert temporary mortgage modifications into permanent ones. [read post]
9 Mar 2010, 5:29 am
A North Carolina Business Court judge has cut a proposed fee award in an investor class action arising from the Wells Fargo/Wachovia merger “because he thought lawyers had charged too much per hour and spent too much time working on the case. [read post]
8 Mar 2010, 8:51 am
As reported in the New York Post, Wells Fargo vice president had the following quote, “If someone doesn’t come to us saying, ‘I’ve done everything I can, I used all my savings, I borrowed money and, by the way losing my job and moving to another city, and have all the documentation,’ then we’re not going to do a short sale. [read post]
8 Mar 2010, 8:51 am
As reported in the New York Post, Wells Fargo vice president had the following quote, “If someone doesn’t come to us saying, ‘I’ve done everything I can, I used all my savings, I borrowed money and, by the way losing my job and moving to another city, and have all the documentation,’ then we’re not going to do a short sale. [read post]
8 Mar 2010, 7:41 am
Wells Fargo & Company et al., 2-06-cv-00072 (TXED March 4, 2010, Order) (Folsom, J.) [read post]
7 Mar 2010, 12:06 pm
Wells Fargo Bank, N.A. has agreed to provide $3.5 million in debtor-in-possession (DIP) financing. [read post]
6 Mar 2010, 9:33 am
Wells Fargo & Co., 2009 WL 3861764 (N.D.Cal.2009), while the defendant cites to Tumulty v. [read post]
5 Mar 2010, 3:02 am
Feinberg believes the compensation paid to Wells Fargo's chief executive for 2009 "raises serious questions," he told CNBC on Thursday. [read post]
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]
3 Mar 2010, 6:01 am
Wells Fargo & Co. et al., 2-06-cv-00072 (TXED February 26, 2010, Order) (Folsom, J.) [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 (again)… [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]
20 Feb 2010, 2:31 pm
Promises to be a good program, we hope you join us, special guests Ron Coleman and Nancy Friedman will be in town, Paul Mussell from Wells Fargo, Lora Mitchell Friedemann from Fredrikson & Byron, Tony Zeuli from Merchant & Gould, survey expert Ivan Ross, and Michael Olsen, Peter Gleekel, and yours truly from Winthrop & Weinstine, P.A., see here for the link on the Minnesota Continuing Legal Education website. [read post]
19 Feb 2010, 2:55 am
Wells Fargo & Company et al (Patent Infringement Blog) US Copyright Public Knowledge proposes new Copyright Reform Act (Public Knowledge) Google content-filter patent about copyright, not censorship (Ars Technica) State of the Net Conference: Panel discussion on graduated response raises key issues (IP Osgoode) Redbox, movie studios and subversion of first sale (Electronic Frontier Foundation) Mortal copyright kombat: Is there copyright in choreography? [read post]
19 Feb 2010, 2:55 am
Wells Fargo & Company et al (Patent Infringement Blog) US Copyright Public Knowledge proposes new Copyright Reform Act (Public Knowledge) Google content-filter patent about copyright, not censorship (Ars Technica) State of the Net Conference: Panel discussion on graduated response raises key issues (IP Osgoode) Redbox, movie studios and subversion of first sale (Electronic Frontier Foundation) Mortal copyright kombat: Is there copyright in choreography? [read post]
