...been a key figure over the years in helping to define and ingrain our Wells Fargo culture of always putting the customer first,” said Wells Fargo Chief Executive John Stumpf...
Read More »Search Results for: wells fargo
Ocwen to Sell $9.6 Billion of Servicing Rights to Green Tree
...two bonds in late February by Wells Fargo, the trustee for the bonds, amid speculation that the ratings downgrades had triggered defaults in the mortgage bonds. Faris announced in a...
Read More »Builder Confidence Drops Slightly in March
Builder confidence for newly built, single-family homes dropped two points to 53 in March, according to the National Association of Home Builders (NAHB)/ Wells Fargo Housing Market Index (HMI) released...
Read More »Quicken Loans Says Supreme Court Decision has No Impact On Company
...cases involving lack of overtime pay for loan mortgage originators. A suit brought against Wells Fargo in 2006 sought three years of overtime pay for loan originators and processors at...
Read More »Wells Fargo Continues to Battle FHA Suit
...and did not qualify. The complaint about Wells Fargo's practices said, "The extremely poor quality of Wells Fargo’s loans was a function of management’s nearly singular focus on increasing the...
Read More »Homebuilder Sentiment Cools in February
Homebuilder confidence experienced a backslide this month, but hopes for home sales later this year remained high. The National Association of Home Builders (NAHB)/Wells Fargo builder sentiment index fell two...
Read More »Economists Brighten Up on Labor, Housing
...all your consumer numbers are going in the same direction," said John Silvia, managing director and chief economist with Wells Fargo, who was one of the 39 panelists to participate...
Read More »Wells Fargo Agrees to Pay Over HELOC Investigation
...uncovered that this Wells Fargo affiliate put borrowers' homes on the line for routine credit card purchases—creating substantial and undue risks for consumers," said department Superintendent Benjamin Lawsky. Wells Fargo...
Read More »Judge Sides with Wells Fargo in Servicing Settlement Case
A federal judge dismissed on Monday allegations from New York's attorney general that Wells Fargo failed to live up to its end of a historic $25 billion mortgage servicing settlement...
Read More »The MReport Webcast: Friday 1/23/2015
Wells Fargo and JPMorgan have agreed to pay a combined $35.7 million in penalties and redress over their roles in an alleged kickback scheme with a Maryland title company. In...
Read More »