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The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech ...
With a Federal Reserve-imposed asset cap now off its shoulders, the Wall Street lender is ramping up its buying within the $1 ...
In 2022, CFPB ordered Wells Fargo Bank to pay a $1.7 billion fine and more than $2 billion for repeated auto lending, mortgage and account deposit practices that harmed over 16 millions customers.
A FINRA arbitration panel's decision marked a rare rebuke for a large wealth manager seeking to reclaim money it provided an ...
Compare Wells Fargo personal loans with those from other lenders. ... like W-2s, pay stubs and bank statements to confirm the information you gave during pre-qualification.
Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on ...
Trimont agreed to buy Wells Fargo’s non-agency third-party commercial mortgage servicing business. Terms were not disclosed, but the deal will allow Trimont to take over the servicing of roughly ...
Sandra Ho, a managing director at JPMorgan Chase, will join Wells Fargo as head of home lending sales, the bank said in a statement Monday.
Wells Fargo said it will still provide services for government-sponsored-enterprise (GSE) loans, as well as existing loans on its balance sheet. The deal is expected to close early in 2025.
Wells Fargo in July said that commercial real estate, or CRE, revenue was down 4% year over year at $1.28 billion in the second quarter amid lower loan balances.
Self-storage operator Mini Mall Storage has secured $180 million of commercial mortgage-backed securities (CMBS) debt to refinance a national self-storage portfolio, Commercial Observer has learned..