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21 Nov 2010, 7:50 pm by Kevin Funnell
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 by Dan
Last week, I gave an hour long talk before the Pacific Northwest Chapter of the International Association of Outsourcing Professionals (IAOP). [read post]
19 Nov 2010, 11:09 am by By ERIC DASH
The settlement ends the bitter legal sparring that began after Wells Fargo outfoxed Citigroup and acquired Wachovia in October 2008. [read post]
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]
17 Nov 2010, 4:01 pm by Robbie L. Vaughn, Esq.
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]
16 Nov 2010, 8:44 am by Ted Allen
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 by Salcido
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]
30 Oct 2010, 6:37 pm by Mandelman
Wells Fargo didn’t even bother pretending this time around. [read post]
15 Oct 2010, 6:28 pm by Robbie L. Vaughn, Esq.
If you live in New York City, call 311 to schedule free foreclosure counseling sessions at the Center for New York City Neighborhoods. [read post]
13 Oct 2010, 2:59 am
Department of Transportation just fined the company $40,000 for airline advertising violations.It was advertising an $89 fare on its website that looked like it applied to three cities, but in fact only was good for one. [read post]
12 Oct 2010, 5:26 am by David G. Badertscher
After the judge told people in the courtroom to stand up and say the pledge, the attorney "failed and refused to do so" and was jailed for criminal contempt of court, according to the judge's order.Wells Fargo Unit to Pay New Jersey $71 Million Over Deceptive Mortgage ClaimsNew Jersey Law JournalWells Fargo Home Mortgage has agreed to pay New Jersey $3.98 million and 900 residents $67 million in loan modifications over claims subsidiaries deceptively marketed… [read post]
6 Oct 2010, 12:20 pm by Mark Zamora
Abbott include Wells Fargo, CitiMortgage, HSBC and National City. [read post]
5 Oct 2010, 5:00 pm by Craig Robins
Schack conducted his own search of New York City real estate records (ACRIS) and discovered that Wells Fargo never owned the mortgage. [read post]
23 Sep 2010, 4:10 am
Many private lenders – including Bank of America, Chase, Citi, Wells fargo, U.S. [read post]
19 Sep 2010, 7:26 pm by Mandelman
BofA, Citi, Wells Fargo Outlook Negative: Moody’s Published July 28, 2010 Reuters Moody’s on Tuesday changed its outlook on Bank of America, Citigroup and Wells Fargo to negative, from stable, citing lessened government support for the institutions under new U.S. regulations. [read post]
16 Sep 2010, 7:26 pm by Kevin Funnell
The strategy for Wells Fargo has been thus far (and should continue to be) no settlement, not now, not ever. [read post]
31 Aug 2010, 11:14 am by blacklobellolaw
  A report by Fitch Ratings illustrates that, in a worst-case scenario, the buybacks may result in a combined loss of between $17 billion and $42 billion for the nation’s four largest banks – Bank of America, JPMorgan Chase, Wells Fargo, and Citi. [read post]
24 Aug 2010, 7:48 pm by Kevin Funnell
No one likes the tactics used by many banks in engineering the order of deposits to create large overdrafts and maximize fees and for which Wells Fargo recently took one on the chin in the city by the bay. [read post]
23 Aug 2010, 4:15 am by Maxwell Kennerly
Last week, after more than a year of drafting following oral argument, and nearly two years after the original District Court order, a Third Circuit panel (Chief Judge Scirica and Judges Fisher and Greenberg) issued their magnum opus on pleading Section 1 antitrust violations after Twombly and RICO Act "enterprises" after Boyle in the consolidated Multi-District Litigation In re: Insurance Brokerage Antitrust Litigation. [read post]