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2. US Files Civil Mortgage Fraud Lawsuit Against Wells Fargo - AOL

   www.aol.com/news/2012-10-09-us-files-civil...

   The Wells Fargo case is brought under the False Claims Act, which gives whistleblowers incentives to report fraud against the government, and under FIRREA, a little-used statute that has grown in ...

3. Wells Fargo Drags Down BofA in Mortgage Certification Fraud Case

   www.aol.com/news/2012-10-09-wells-fargo-drags...

   Wells Fargo & Co. (NYSE: WFC) is under pressure on yet one more case against it from the financial crisis. The Manhattan U.S. Attorney's office has filed a mortgage fraud lawsuit against Wells ...

4. List of major SEC enforcement actions (2009–2012) - Wikipedia

   en.wikipedia.org/wiki/List_of_major_SEC...

   In August 2012, the SEC charged Wells Fargo for improperly selling asset-backed commercial paper (ABCP) structured with high-risk mortgage-backed securities and collateralized debt obligations (CDOs) to municipalities, non-profit institutions, and other customers, almost exclusively upon the basis of their credit ratings. [103]

5. Wells Fargo cross-selling scandal - Wikipedia

   en.wikipedia.org/wiki/Wells_Fargo_cross-selling...

   Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]

6. Wells Fargo, Countrywide Mortgage Settlements Give ... - AOL

   www.aol.com/news/2011-07-22-wells-fargo...

   On Wednesday, Wells Fargo reached an agreement with the Federal Reserve and agreed to pay a $85 million fine to settle civil charges-- the largest fine the Fed has ever imposed in a consumer case ...

7. 2010 United States foreclosure crisis - Wikipedia

   en.wikipedia.org/wiki/2010_United_States...

   The foreclosure crisis was extensively covered by news outlets beginning in October 2010, and several large banks—including Bank of America, JP Morgan, Wells Fargo, and Citigroup—responded by halting their foreclosure proceedings temporarily in some or all states.