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14 May 2012, 1:26 am by Mandelman
  Oh, I know Wells Fargo will deny having done whatever it is that the other idiots have done, whenever bets go bad, but then we’ll soon find out that they were lying and not only did the same thing, but they did it to an even greater degree than the other morons du jour of the financial aristocracy. [read post]
11 May 2012, 3:50 am by Gabrielle Erway
Yolanda Quesada was escorted out of the building and fired last week from the mortgage unit position she had held for five years at Wells Fargo. [read post]
10 May 2012, 12:53 pm
The settlement includes Bank of America, JPMorgan Chase, Wells Fargo, Citigroup and Ally Financial. [read post]
10 May 2012, 2:45 am by Andrew Lavoott Bluestone
Here, in alleging that the defendant committed legal malpractice by failing to answer and by failing to rescind the subject mortgage and loan pursuant to the TILA, the complaint fails to allege that the plaintiffs were able to tender to Wells Fargo the principal of the mortgage loan. [read post]
9 May 2012, 4:42 am by Brian Wolfman
According to a report in the Huffington Post: The Department of Justice is preparing a lawsuit against Wells Fargo, the nation's largest home mortgage lender, for allegedly preying upon African American borrowers during the housing bubble and steering them into high-cost subprime loans, according to three people with direct knowledge of the probe. [read post]
5 May 2012, 3:14 pm by LindaMBeale
  Surprise, the big banks (JP Morgan, Wells Fargo, Citibank and others) don't wanna play ball unless they can stack the deck against their customers. [read post]
5 May 2012, 11:15 am by Mandelman
And Wells Fargo, bless their hearts, why they just can’t seem to stop their employees from losing file folders of paperwork over and over again, as in: “Where did I put that folder? [read post]
5 May 2012, 10:37 am by Mandelman
Wells Fargo reports that they haven’t even received the contracts from the Treasury Department as of today. [read post]
4 May 2012, 8:36 am by Ryan Blay
  Because they were exempted from the recent foreclosure settlement the Attorneys General reached with the biggest individual servicers (Chase, Bank of America, Wells Fargo, Citibank, and Ally/GMAC), many loans are still in crisis and these two semi-governmental bodies haven’t really addressed their role in helping our mortgage crisis. [read post]
1 May 2012, 6:06 am by Mandelman
  Wells Fargo’s employee, Michael Dolan, states in his declaration that he is an Operations Analyst in Wells Fargo’s Mortgage Lending Operations, located at 4101 Wiseman Blvd. in San Antonio, Texas. [read post]
30 Apr 2012, 7:54 pm by Kevin Funnell
This expanded balance sheet enables the large banks to hold equally big portfolios of mortgage servicing rights and also gives the top four banks — JPMorganChase, Bank America, Wells Fargo and Citigroup — a competitive advantage in dealing with the various federal housing agencies in the creation of mortgage-backed securities. [read post]
30 Apr 2012, 7:53 pm by Daniel Richardson
  Wells Fargo could and did produce the promissory note with allonge and the assignment of mortgage—both of which name Wells Fargo—but it did not have an assignment of guaranty. [read post]
29 Apr 2012, 3:17 pm by Cathy Moran, Esq.
Settlement applies to the five named servicers, Ally (formerly GMAC), Bank of America, Citibank, JPMorgan Chase, and Wells Fargo. $5B to fed and state governments includes money for the cash payments to borrowers wrongly foreclosed. [read post]
27 Apr 2012, 9:30 am by Philip R. Stein
In fact, the next communication that it receives from Wells Fargo is one that, shockingly enough, is published by Wells Fargo to huge numbers of active participants in the mortgage industry. [read post]
27 Apr 2012, 9:30 am by Philip R. Stein
In fact, the next communication that it receives from Wells Fargo is one that, shockingly enough, is published by Wells Fargo to huge numbers of active participants in the mortgage industry. [read post]
26 Apr 2012, 8:29 am by doug
Wells Fargo, no. 09-44760 in the bankruptcy court in Worcester, Mass. [read post]