Wells Fargo is working to please its customers and reach out to underserved households. It has invested $100 million to boost homeownership in minority communities and expanded a grant program to ...
Regulators have terminated 11 consent orders against Wells since 2019, including five so far this year. The bank's asset cap, ...
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 ...
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Zacks Investment Research on MSNWells Fargo's 2021 Compliance Consent Order Terminated by OCCWells Fargo & Company’s WFC 2021 consent order related to related to loss mitigation practices in its Home Lending business ...
Wells Fargo & Co. said the Office of the Comptroller of the Currency freed the bank from a 2021 consent order tied to deficiencies in its process for helping customers avoid foreclosure ...
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 ...
JPMorgan failed to conduct due diligence on the commercial real estate loan, then quickly offloaded the risk, “taking home ...
“The remaining properties that serve as collateral for the mortgage loan are worth far less than that outstanding amount,” the lawsuit states. Wells Fargo is asking the court to require J.P. Morgan to ...
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 ...
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