When.com Web Search

  1. Ads

    related to: wells fargo reverse mortgage fraud

Search results

  1. Results From The WOW.Com Content Network
  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 cross-selling scandal - Wikipedia

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

    The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent or knowledge due to aggressive internal sales goals at Wells Fargo. News of the fraud became widely known in late 2016 after various regulatory bodies, including the Consumer ...

  4. Wells Fargo pays $65 mln to settle 'cross-sell' fraud claims ...

    www.aol.com/finance/wells-fargo-pays-65-mln...

    Wells Fargo & Co will pay $65 million to settle claims that it misled investors about its "cross-selling" business strategy, according to officials.

  5. 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 ...

  6. 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]

  7. 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 ...

  8. 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.

  9. Wells Fargo’s regulatory burden eases as watchdog lifts a ...

    www.aol.com/news/wells-fargos-2016-consent-order...

    Wells Fargo's compliance issues came under the spotlight after a scandal over its sales practices erupted in 2016. Regulators mandated additional oversight of the lender in the wake of the turmoil.

  1. Ads

    related to: wells fargo reverse mortgage fraud