Archives by Tag ' Wells Fargo '
https://www.cnbc.com/2017/08/04/wells-fargo-shares-fall-after-filing-warns-may-find-significant-increase-in-unauthorized-accounts.html Wells Fargo shares fall after filing warns may find ‘significant increase’ in unauthorized accounts Evelyn Cheng | @chengevelyn Lucas Jackson | Reuters Tim Sloan, Chief Executive Officer of Wells Fargo & Company Wells Fargo shares fell Friday after a filing with the U.S. Securities and Exchange Commission showed a new review of the […]
David Dayen also joins Ring of Fire Radio withScott Millican today. By Scott Millican – August 4, 2017 https://www.youtube.com/watch?v=2DAvoAxehGw Today on Ring of Fire, Investigative Journalist, David Dayen, will join us to unpack the latest Wells Fargo Bank scandal and why he thinks they should receive the corporate death penalty.
ByDavid Dayen; illustrated byLia Kantrowitz Jul 17 2017, 4:27pm The bank became notorious last year for creating fake accounts on behalf of customers. Now it’s trying to kill a class-action lawsuit over shady debit card fees. Wells Fargo became a poster child for corporations that abuse their own customers last year when it got fined […]
http://www.reuters.com/article/us-otc-pimco-idUSKBN19X2NV Alison Frankel (Reuters) – Several Pimco investment funds are accusing the mortgage-backed securities trustee Wells Fargo of misusing noteholder money to pay its own legal expenses. In a newly filed complaint in Manhattan State Supreme Court, the Pimco funds are asking for a declaratory judgment that Wells Fargo is not entitled to use MBS trust […]
Editor’s Note: Wells Fargo is a lawless operation that exploits unsuspecting consumers by opening accounts in their name without permission, and modifying and foreclosing on homes it doesn’t own with fabricated notes and fraudulent documents. Not to mention participating in identity theft and accessing credit reports without authorization. Meanwhile, for the most part, Wells […]
By Kristine Phillips May 4 A man passes by a Wells Fargo bank in Oakland, Calif. (Ben Margot/AP) On “Hit the Streets Thursday,” Wells Fargo bankers and tellers, specifically those of Latino descent, scouted the streets and Social Security offices for potential clients. Their goal: Find undocumented immigrants, take them to a local branch and […]
https://seekingalpha.com/article/4062540-wells-fargo-get-past-behind John M. Mason It is remarkable how well Wells Fargo is performing given all that management is facing these days resulting from the “scandal” in the retail banking division. New leadership has been put in place, but there is still little evidence that “control” has been reestablished and a new culture has been implemented. […]
by the Lendinglies Team Wells Fargo’s Q4 earnings last year created an alarm because with rising interest rates, bad publicity, and a slew of lawsuits from investors, governmental entities and homeowners, Wells Fargo appeared to be in for a rough ride. Residential mortgage applications also plunged in Q4 by $25 billion from the prior quarter, […]
By the Lending Lies Team Too Big to Fail behemoth Wells Fargo faces another lawsuit over faulty residential mortgage-backed securities. As investors become aware of the fraudulent securities purchased, more lawsuits are sure to be ignited. According to a Reuters article by Jonathan Stempel, U.S. District Judge Katherine Polk Failla in Manhattan said on Thursday […]
https://cloudedtitlesblog.com/2017/03/03/missouri-supreme-court-upholds-sanctions-against-wells-fargo/ From the Clouded Titles Blog: https://cloudedtitlesblog.com/2017/03/03/missouri-supreme-court-upholds-sanctions-against-wells-fargo/ BREAKING NEWS — Whether you’ve caught wind of this or not, Missouri Attorney Greg Leyh will have a shot in front of a rural Missouri county jury to convince them that Wells Fargo’s (and others’) actions in wrongfully foreclosing against David and Crystal Holm of Clinton County warrant […]
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