Search for: "Wells Fargo Mortgage "
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13 Jan 2010, 6:00 am
Wells Fargo made a mortgage loan, then failed to record the mortgage for whatever (undisclosed) reason, so that, when borrower/homeowner filed for bankruptcy, Wells Fargo was a mere unsecured lender due to its failure to perfect its security interest by recording it. [read post]
12 Jun 2009, 6:17 am
According to the Times, loan officer Beth Jacobson testified that Wells Fargo systematically targeted black customers for subprime loans. [read post]
8 Sep 2011, 1:34 pm
Again, this top list includes Wells Fargo, Bank of America, and of course Chase bank. [read post]
18 Sep 2018, 5:00 am
Wells Fargo has also acknowledged that they charged more than 100,000 home buyers needless mortgage fees. [read post]
10 Jul 2011, 12:03 pm
Wells Fargo is facing a substantial lawsuit from investors who invested in mortgage backed securities issued by Wells Fargo. [read post]
21 Sep 2016, 7:58 pm
This rather expensive consent order should have been a giant red flag for Wells Fargo's compliance department, for Wells Fargo's board of directors, and for John Strumpf, Wells Fargo's Chairman/CEO. [read post]
7 Feb 2013, 9:41 am
The broker acted based on research she was provided by Wells Fargo, so Wells Fargo was found solely liable for the investor's losses. [read post]
8 Mar 2013, 7:26 am
Contending that Wells Fargo has only offered the loan modification negotiated as part of the 2010 “Pick-a-Payment” class settlement (resolving claims related to Wells Fargo’s home mortgage practices) to a small fraction of the consumers intended to benefit from it, the settling class members have invoked the continuing jurisdiction provision and asked the federal court that presided over the case to audit and, if necessary, enforce… [read post]
8 Nov 2010, 5:53 am
Bloomberg News reported Oct. 28 on the case of Tandala Mims, who avoided foreclosure on her Bronx home after a judge rejected paperwork provided by Wells Fargo to show that it owned her mortgage. [read post]
15 Aug 2012, 9:21 am
According to reports, Wells Fargo has agreed to pay $6.5 million to settle SEC charges that its brokerage firm improperly sold mortgage-backed securities to municipalities, non-profits and other customers. [read post]
27 Jul 2011, 6:25 am
Wells Fargo didn't communicate its actions with the loan servicer, American Home Mortgage Servicing Inc. [read post]
22 Apr 2017, 2:28 pm
Professor Jackson is the co-author of Financial Regulation: Law and Policy (Foundation Press 2016) and has served as an expert witness for the plaintiff class in In re Wells Fargo Residential Mortgage Lending Discrimination, No. [read post]
22 Apr 2017, 2:28 pm
Professor Jackson is the co-author of Financial Regulation: Law and Policy (Foundation Press 2016) and has served as an expert witness for the plaintiff class in In re Wells Fargo Residential Mortgage Lending Discrimination, No. [read post]
17 Apr 2015, 11:00 am
On Thursday, the Eleventh Circuit Court of Appeals denied Wells Fargo Bank N.A. [read post]
28 Feb 2020, 10:38 am
April 8, 2016 – Wells Fargo agreed to pay $1.2 billion in connection with the bank’s improper mortgage lending practices, admitting that it fraudulently certified loans as eligible for FHA mortgage insurance. [read post]
24 Mar 2012, 11:15 am
District Court for the Northern District of California [official website] against Wells Fargo & Company [corporate website] to force the company to hand over documents connected to the company's sale of nearly $60 billion in residential mortgage-backed securities to investors. [read post]
27 Sep 2011, 6:25 am
She has had California state legislators write to Wells Fargo on her behalf, had community organizers "blast" Wells Fargo's offices with emails and phone calls, confronted Wells Fargo Regional Vice President at a meeting arranged by the Oakland teachers' union and even been lead away in handcuffs after interrupting Wells Fargo's annual shareholders meeting. [read post]
6 Aug 2018, 6:48 am
On August 1, the Department of Justice announced that Wells Fargo Bank, N.A., had agreed to pay $2.09 billion under FIRREA to settle allegations that the company misrepresented the quality of mortgages making up mortgage-backed securities it sold. [read post]
6 Mar 2011, 5:15 am
A Philadelphia man has taken one of the tools a Jacksonville Foreclosure Lawyer uses in the foreclosure fight and used it to "foreclose" on his local Wells Fargo Mortgage Office. [read post]
11 May 2007, 5:59 am
Wells Fargo, et al., is that the mortgage servicers are handling matters in such a way as to benefit themselves, rather than the underlying mortgage holders (and, incidentally, the [...] [read post]
