Wells Fargo Exits OCC Consent Order Tied to Home Loan Practices
Wells Fargo & Co. said the Office of the Comptroller of the Currency freed the bank from a 2021 consent order tied to ...
The Daily Hodl6d
Wells Fargo Sues JPMorgan Chase Over Soured $481,000,000 Loan, Says US Bank Aware Seller Had Inflated Income: Report
Two of the largest banks in the US are reportedly locked in a legal battle over a $481 million commercial property loan.
National Mortgage News5d
Wells Fargo clears another consent order, now down to three
The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...
Wells Fargo Sues JPMorgan Over Failed $481 Million Property Loan
Wells Fargo & Co. sued JPMorgan Chase & Co. over a defaulted $481 million commercial real estate loan, claiming JPMorgan ...
Wells Fargo sues JPMorgan, Meyer Chetrit over $481M allegedly inflated mortgage
Wells Fargo sued JPMorgan and Meyer Chetrit, alleging the lender and borrower on a national multifamily deal knew a $481 ...
Banking Dive11d
Wells Fargo sues JPMorgan over $481M CRE loan
JPMorgan failed to conduct due diligence on the commercial real estate loan, then quickly offloaded the risk, “taking home ...
Winston-Salem Journal3d
Federal regulator OCC ends another Wells Fargo consent order
It is 11th consent order closed by Wells Fargo’s regulators since 2019, including five so far this year.It is unclear how ...
Commercial Observer11d
Wells Fargo Sues JP Morgan Over $481M CMBS Loan Originated in 2019
Wells Fargo filed suit against fellow banking giant J.P. Morgan Chase alleging false financial statements for a $481 million ...