National
Wells Fargo to pay $575M settlement over scandal involving mortgage division
Wells Fargo agreed to pay $575 million to all 50 states and the District of Columbia over misconduct that...
Wells Fargo
The Latest
National
CRE investors see market slowdown amid shrinking borrowing costs vs. yields
Commercial real estate investors are looking at the difference between long-term interest rates and property yields and seeing a...
Olson Homes scores $110M construction loan for Leimert Park project
A year after first proposing the project, multifamily developer Olson Homes has secured financing for its new townhouse development...
National
Wells Fargo software error led to hundreds of home foreclosures
Wells Fargo disclosed that a software error contributed to hundreds of their customers losing their homes. In a filing...
National
Wells Fargo expects CRE lending to decrease while bank copes with fallout from scandals
Wells Fargo expects its book of commercial real estate loans to shrink as the bank struggles with governance issues....
National
Sign of a slowdown? Wells Fargo cutting 600 mortgage jobs nationwide
Wells Fargo said it would lay off more than 600 employees in its home mortgage business across. The reason:...
National
Wells Fargo under investigation for alleged role in low-income housing tax credit fraud
Wells Fargo is being investigated by the U.S. Department of Justice for allegedly colluding with affordable housing developers nationwide...
New York
Is Wells Fargo targeting the right buyer pool for its sale of Eastdil?
As part of a larger strategy to shed non-core assets, Wells Fargo is trying to offload one of the...
National
Wells Fargo mulls sale of Eastdil Secured
Wells Fargo is considering selling Eastdil Secured as the bank disposes of its non-core businesses. The San Francisco-based financial institution has been gauging interest for the commercial real estate brokerage from private equity firms,...
Miami
Nonbank mortgage lending skyrockets in Q1: report
Nonbank mortgage lending jumped nationwide in the first quarter of 2018 as some of largest banks continued to show...