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Servicers Work Toward Fulfilling National Settlement Terms

...monitor, released a preliminary ""report"":https://www.mortgageoversight.com/wp-content/uploads/2012/08/ProgressReport08292012.pdf to inform the public of the servicers' progress so far. [IMAGE] Thus far, the five servicers ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô Bank of America, JPMorgan Chase, Wells Fargo, Citigroup,...

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Wells Fargo Faces Discrimination Suit Over Commercial Loans

""Wells Fargo"":http://www.businesswire.com/news/home/20120817005763/en/Medical-International-Files-Discrimination-Suit-Wells-Fargo faces litigation from Best Medical, Inc., part of Virginia-based TeamBest, which creates and distributes medical products and technology. The litigation, which originated in spring 2010, was elevated to...

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Declining Affordability Is Good for the Market: NAHB

...the ""Housing Opportunity Index (HOI)"":http://www.nahb.org/news_details.aspx?sectionID=135&newsID=15477 released Monday by the ""National Association of Home Builders (NAHB)"":http://www.nahb.org/default.aspx and ""Wells Fargo."":https://www.wellsfargo.com/ [IMAGE] Despite the decline, ""interest rates and overall housing affordability remain very...

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FDIC Goes After 12 Banks for Misrepresenting RMBS

...some of the nation's largest banks, including ""JPMorgan Chase"":http://www.jpmorganchase.com/corporate/Home/home.htm, ""Citi"":http://www.citigroup.com/citi/, ""Bank of America"":https://www.bankofamerica.com/ and ""Wells Fargo"":https://www.wellsfargo.com/. The 12 banks sold more than $388 million in securities to colonial bank, and...

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