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 ...
The lawsuit pits the fourth-largest US bank against the largest, with Wells Fargo accusing JPMorgan of pursuing millions of ...
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 ...
Two of the largest banks in the US are reportedly locked in a legal battle over a $481 million commercial property loan.
JPMorgan failed to conduct due diligence on the commercial real estate loan, then quickly offloaded the risk, “taking home ...
Wells Fargo is suing JPMorgan Chase over investor losses related to an allegedly inflated metric used for a $481M loan in 2019. Wells Fargo claims JPMorgan and Chetrit Group knew the historical ...
Wells Fargo & Company WFC has filed a lawsuit against JPMorgan Chase JPM to recover investor losses stemming from a troubled $481-million commercial real estate loan that was based on a ...
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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