Wells Fargo continues to whittle away at its pile of shaky office loans while beating earnings estimates, but Wall Street investors aren’t impressed. The bank cut the value of its nonaccruing ...
Trimont will acquire a segment of Wells Fargo’s loan servicing business, bringing roughly $475 billion of loans Trimont’s way, the companies announced Tuesday. The Atlanta-based firm will buy Wells ...
Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered the ...
Wells Fargo agreed to sell most of its commercial mortgage servicing business to Trimont, ceding the title of biggest U.S. commercial and multifamily mortgage servicer to the Atlanta-based firm.
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.
(Reuters) - Wells Fargo & Co will pay the U.S. government $108 million to settle a whistleblower lawsuit claiming it charged military veterans hidden fees to refinance their mortgages, and concealed ...
NEW YORK (Reuters) - U.S. homeowners suing mortgage companies once owned by a bank Wells Fargo & Co later acquired won a $54.8 million verdict on Friday in a class action over excessive fees. The ...
Wells Fargo gave a $1 million investment to Minneapolis-based Metropolitan Consortium of Community Developers (MCCD) last week, a move that could finance as many as 80 startups. In a release, MCCD ...