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A sign is posted outside of a Wells Fargo bank in Mill Valley, California. More than half of Black homeowners looking to refinance their home loans were rejected when applying at Wells Fargo, new ...
Wells Fargo has announced 36 more layoffs from its Jordan Creek Parkway campus in West Des Moines. The reduction of workers was reported on Iowa's Worker Adjustment and Retraining Notification ...
Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as ...
A loan modification company, also known as a mortgage modification company, is a business that helps homeowners in the United States modify the terms of their home loans or mortgages. When a mortgage is modified, the original terms of the home loan contract between a lender and a borrower are renegotiated and then altered, usually in the favor ...
Wells Fargo landed in hot water several years ago when it was revealed that employees had created millions of fraudulent accounts in order to make their sales targets. Increased consumer ...
Timothy J. Sloan (born 1959/60) is an American banker. He was the chief executive officer (CEO) of Wells Fargo from October 2016 until he resigned in March 2019, after significant pressure related to an ongoing controversy related to an account fraud scandal.
A loan modification is a form of relief for borrowers struggling to make mortgage payments. A refinance is something you choose to do — if you don’t refi, the consequences are minor.
The Boston Globe reported during that during January–June 2009, the largest four U.S. banks spent a combined $9.1 million on lobbying, with Citigroup spending $3.1 million; JP Morgan Chase $3.1 million; Bank of America $1.5 million; and Wells Fargo $1.4 million, despite receiving taxpayer bailouts.