Despite Senator Warren’s calling of Wells Fargo CEO Tim Sloan to be fired, Warren Buffett said Sloan still has his faith. Take a look at Tuesday morning’s highlights from the U.S. Senate Committee on Banking, Housing, and Urban Affairs full committee hearing titled “Wells Fargo: One Year Later.”
Read More »Wells Fargo Acquires $51 Billion in MSRs from Seneca
Wells Fargo will take over billions in mortgage servicing rights from Seneca Mortgage Investments, which will stop servicing loans altogether.
Read More »1.4 Million Unauthorized Wells Fargo Accounts Uncovered
Wells Fargo employees allegedly opened another 1.4 million fake accounts, putting the total number of fraudulent accounts at an estimated 3.5 million. Take a look at what CEO Tim Sloan had to say.
Read More »Wells Fargo Stock to Drop?
Recently, Wells Fargo has been in the news for a number of different things, but could the latest update mean a drop in stock? See what an industry voice has to say in the Video Spotlight.
Read More »Wells Fargo Closes Door on VA Refi Issues
Wells Fargo is finally putting its past VA refinance issues behind it, agreeing to pay a hefty settlement to the Federal government today. Get the details of the bank’s settlement—and latest legal troubles—now.
Read More »Partnering to Fight Housing Inequality
Wells Fargo and Housing Opportunities Made Equal are partnering to increase the number of African-American homeowners in Virginia. Watch how they’re doing it here.
Read More »NMSA Welcomes Additional Wells Fargo Representation
An industry veteran recently joined the ranks of the National Mortgage Servicing Association bringing expertise to help improve and sustain homeownership. Read on to see the details of the addition.
Read More »What Happened to the Financial Market?
Wells Fargo, Citigroup, and JPMorgan Chase all reported their second quarter financial earnings on Friday before the market opened in the morning; but, despite reporting earnings and total ...
Read More »Labor, Lot Shortages Cause Builder Confidence to Falter
Lot and labor shortages are causing home builder confidence to falter—particularly in the single-family market. Builder confidence dropped two points in June, while overall construction starts fell 5.5 percent across the nation. Single-family production fell 3.9 percent in May, and multifamily declined 9.7 percent—nearly three times as much.
Read More »Liz Bryant Named to Lead Wells Fargo’s Retail Sales
Wells Fargo Home Lending announced that Liz Bryant will now lead the company’s retail sales organization reporting to Head of Mortgage Production, Michael DeVito.
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