The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...
Wells Fargo & Co. said the Office of the Comptroller of the Currency freed the bank from a 2021 consent order tied to ...
As a result, the bank had made errors that negatively affected borrowers, including failing to detect inaccurate loan modification decisions, the OCC said in 2021. The OCC required Wells Fargo to ...
The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of ...
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Wells Fargo Says CFPB Financial Harm Consent Order Has ClosedWells Fargo said Tuesday that its 2022 consent ... The agency alleged that the bank had improperly denied mortgage loan modifications, miscalculated fees, unfairly froze consumer accounts and ...
Wells Fargo has introduced an alternative to federal loans for students who are enrolled less than half-time, or for cases in which a person other than a parent wants to help fund a studentâÄôs ...
The compliance issues in home lending in part drove Wells Fargo’s decision in late 2022 to downsize the mortgage business that it once led. Revenue from its home lending business fell to about $ ...
The defendants also include Meyer Chetrit, a Chetrit Group principal who provided a loan guaranty. JPMorgan and the Chetrit Group had no immediate comment. Wells Fargo wants New York-based ...
NEW YORK (Reuters) -Wells Fargo (WFC) sued JPMorgan Chase (JPM)on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently ...
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