wells fargo

Wells Fargo agrees to $2B fine to settle financial crisis-era allegations

Wells Fargo agrees to $2B fine to settle financial crisis-era allegations

Wells Fargo has agreed to pay a $2.09 billion penalty for allegedly misrepresenting the quality of loans used for...

Wells Fargo agrees to $2B fine to settle financial crisis-era allegations
Wells Fargo mulls sale of Eastdil Secured

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,...

Wells Fargo mulls sale of Eastdil Secured
Nonbank mortgage lending skyrockets in Q1: report

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...

Nonbank mortgage lending skyrockets in Q1: report
Wells Fargo to pay $1B to settle claims of mortgage lending abuses

Wells Fargo to pay $1B to settle claims of mortgage lending abuses

Wells Fargo will pay a $1 billion to settle several allegations, including that it improperly charged mortgage customers fees...

Wells Fargo to pay $1B to settle claims of mortgage lending abuses
Big banks expose themselves to subprime loans through other lenders

Big banks expose themselves to subprime loans through other lenders

Most of America’s big banks have moved away from direct loans to subprime borrowers after the financial crisis, but...

Big banks expose themselves to subprime loans through other lenders
National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more

National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more

Houses are flipping at the highest level since 2006 From TRD NYC: More than 207,000 condominiums and single-family house were flipped in 2017 —...

National Cheat Sheet: US house-flipping hits 12-year high, study shows that REITS with more female board members get higher returns … & more
How to leave a job: Yellen bans a bank’s growth, warns of commercial RE prices

How to leave a job: Yellen bans a bank’s growth, warns of commercial RE prices

Yesterday, Federal Reserve Chair Janet Yellen was succeeded by Republican and Fed governor Jerome Powell, President Trump’s pick for...

How to leave a job: Yellen bans a bank’s growth, warns of commercial RE prices
Trump says Wells Fargo could pay more fines for mortgage lending abuse

Trump says Wells Fargo could pay more fines for mortgage lending abuse

From TRD New York: President Trump says that Wells Fargo won’t escape penalties linked to alleged mortgage lending abuse,...

Trump says Wells Fargo could pay more fines for mortgage lending abuse
Wells Fargo accused of unwarranted “rate lock” fees

Wells Fargo accused of unwarranted “rate lock” fees

Wells Fargo & Co., the controversy-battered big bank, has a new problem — this time directly affecting mortgage applicants....

Wells Fargo accused of unwarranted “rate lock” fees
Wells Fargo, U.S. Bancorp look to tech start-up to speed up mortgage applications

Wells Fargo, U.S. Bancorp look to tech start-up to speed up mortgage applications

To compete with online lenders like Quicken Loans and Rocket Mortgage, big banks are looking for help from a...

Wells Fargo, U.S. Bancorp look to tech start-up to speed up mortgage applications
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