The San Francisco bank announced Monday that it has shed its fifth regulatory order this year — this one related to loss ...
Wells Fargo WFC.N sued JPMorgan Chase JPM.N on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently inflated ...
Two of the largest banks in the US are reportedly locked in a legal battle over a $481 million commercial property loan.
A top U.S. banking regulator terminated a 2021 consent order against Wells Fargo for deficiencies in its home lending loss ...
Wells Fargo (NMLS #399801), one of the biggest ... and had actually increased across the three years reviewed. They denied the loan application AFTER conducting the appraisal.
The lawsuit described how hundreds of thousands of customers sought assistance and were denied ... The consent order dealt ...
Wells Fargo & Co. said the Office of the Comptroller of the Currency freed the bank from a 2021 consent order tied to ...
In 2019, JPMorgan made the loan to ... and were denied, while some were asked to contact the fraudsters to get back their lost money. Also, Bank of America, JPMorgan and Wells Fargo allegedly ...