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4 Aug 2012, 9:40 am
(Similarly, Bank of America and Wells Fargo have also had to pay up for the exact same thing - $335 million and $175 million, respectively.) [read post]
1 Aug 2012, 5:51 am
Vice Chair: Kent Christian President, Financial Network Wells Fargo Treasurer: Bernard B. [read post]
30 Jul 2012, 10:28 am
Its use was – – intended to be under the control of the state attorneys general, who negotiated the settlement with the five banks — Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally. [read post]
30 Jul 2012, 9:52 am
Wells Fargo Bank, N.A.(2011) 198 Cal.App.4th 256, ,the Court held that “facts arising from the legal effect of the documents, such as the status of an entity as the beneficiary, trustee, or its agent,” were properly subject to judicial notice, but that “statements of fact . . , such as whether there was statutory compliance with section 2923.5,” were not. [read post]
21 Jul 2012, 12:35 pm
In either case then, Bank of America will not receive a single dollar as a result of the auction because the first 250,000 dollars of auction proceeds will go straight to Wells Fargo, the first mortgage holder. [read post]
19 Jul 2012, 9:05 pm
Congress, HUD face off on “disparate impact” in housing and housing finance [WSJ edit, Clegg/NRO] Wells Fargo says it didn’t base loans on race but will pay $175 million to end federal probe [Reuters] Maryland vs. [read post]
17 Jul 2012, 1:14 pm
The settlement is only with the following five banks: Bank of America, JPMorgan Chase, Citibank, Wells Fargo, and Ally Financial. [read post]
14 Jul 2012, 9:01 am
It's part of an enforcement action agreement, in which 14 mortgage servicers (Chase, Citibank, Bank of America, PNC Mortgage, Wells Fargo, MetLife Bank, HSBC and others) hired independent consultants to examine their alleged foreclosure abuses and they would in turn compensate anyone who suffered financial harm as a result of those abuses. [read post]
13 Jul 2012, 6:59 pm
Below is a summary of the mediation results we've seen: Filed Mortgage Servicer Successful Pending Failed Rejected Duration 7/12/2011 HSBC x N/A 7/13/2011 Bank of America x 8 months 7/15/2012 Bank of America x < 5 months, but 7 more months to have proof of claim withdrawn 8/23/2012 Wells Fargo x < 4 months 11/3/2011 Bank of America x 8 months and counting… 12/19/2011 Bank of… [read post]
13 Jul 2012, 12:55 pm
Wells Fargo Bank, NA, et al. (6th Cir. [read post]
13 Jul 2012, 5:31 am
Wells Fargo reported its 10th consecutive quarter of earnings growth as a result of a booming mortgage business. [read post]
13 Jul 2012, 3:15 am
Wells Fargo, the nations largest mortgage lender, has agreed to pay $175 million to settle accusations that it pushed black and latino borrowers into high costs loans and then charged them excessive fees. [read post]
12 Jul 2012, 5:59 pm
As for the major banks, Wells Fargo has always had a large retail presence and they’re an excellent example of how a brand communicates. [read post]
12 Jul 2012, 4:18 pm
Evergreen is Wachovia’s investment management business and part of Wells Fargo (WFC). [read post]
12 Jul 2012, 1:03 pm
Wells Fargo Bank, the largest mortgage lender in the country, has agreed to pay more than $175 million in a landmark settlement with the Justice Deparment over allegations of racial discrimination against African-American and Hispanic borrowers. [read post]
12 Jul 2012, 12:08 pm
Since 2008, Wells Fargo has been the largest home mortgage originator in the United States, responsible for one in four new mortgages. [read post]
9 Jul 2012, 7:41 am
In May, a California man killed himself in the middle of a battle with Wells Fargo. [read post]
5 Jul 2012, 11:21 am
The five mortgage lenders agreeing to the settlement were Bank of America, Chase, Citibank, GMAC/Ally, and Wells Fargo. [read post]
5 Jul 2012, 8:33 am
Morgan Chase, Wells Fargo, Citicorp and Ally Financial -- makes $10 billion available for principal reduction for underwater borrowers. [read post]
5 Jul 2012, 5:00 am
He can be reached at 248.786.3124 and sbest@weltman.com. [1] Wells Fargo Bank, NA v. [read post]
