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Posts Tagged ‘ wells fargo ’

5 Largest Mortgage Lenders Reach Settlement With States

5 Largest Mortgage Lenders Reach Settlement With States

Government lawyers announced a settlement has been reached with the 5 largest mortgage lenders in the country.  The settlement came in response to the banks deceptive practices relating to foreclosures. A draft of the settlement s with ... continue
Wells Fargo Posts Record $4.11B 4Q Profit

Wells Fargo Posts Record $4.11B 4Q Profit

Wells Fargo & Co., the largest U.S. bank by market value, expanded fourth-quarter earnings by 20% as the company posted more loan growth and once more reduced the total of money it sets aside to cover potential ... continue
Will You Watch My Beer? I Have to Go Rob This Bank…

Will You Watch My Beer? I Have to Go Rob This Bank…

PORT RICHEY, Florida -Authorities say that a Tampa Bay area man ordered a beer in a local bar, disappeared to rob a bank, and returned 30 minutes later to finish his brew. Things happen all the time that ... continue
Occupy Oakland Attacks Wells Fargo Then Deposits $20,000

Occupy Oakland Attacks Wells Fargo Then Deposits $20,000

In a true sign that the "Occupy" movements are not as connected as they should be Occupy Oakland protesters this week deposited $20,000 at a Wells Fargo location, the very type of big bank institution they have ... continue
Online Banks Eyed By Consumers With “Fee Fatigue”

Online Banks Eyed By Consumers With “Fee Fatigue”

The major banks are so unpopular and divisive right now I would not be surprised if the GOP unapologetically ran them as a 2012 presidential candidate to attempt to defeat Barack Obama. (Seriously, if faced with a choice of ... continue
Monthly Debit Card Fees Tested by Wells Fargo

Monthly Debit Card Fees Tested by Wells Fargo

Wells Fargo, who was recently named "Best Consumer Internet Bank" by Global Finance magazine, announced its plans to impose a $3 monthly debit card fee for customers in five states. The monthly fee, which is set to take ... continue
Reverse Mortgage Market Giants Exit the Game

Reverse Mortgage Market Giants Exit the Game

News that the two largest providers of reverse mortgage loans would be exiting the market has left some elderly borrowers both surprised and concerned. Official word from the banks - Bank of America and Wells Fargo - themselves, ... continue
Recession not all bad, just ask Cheronda Guyton

Recession not all bad, just ask Cheronda Guyton

While the mortgage crisis has devastated people across the country, pushing some of the middle class into foreclosure and forcing the closure of many banks, a Wells Fargo exec had a pretty rockin' summer because of it. Cheronda ... continue
Wells Fargo Bank Sues Itself

Wells Fargo Bank Sues Itself

In a story straight out of the deepest recesses of the WTF files, Wells Fargo Bank has filed a lawsuit against itself. Wells Fargo Bank filed a civil complaint against itself in a mortgage foreclosure case in Hillsborough ... continue