Wells Fargo Warning! Can Wells Fargo Home Mortgage Validate Your Mortgage Debt? Probably Not! Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm MFI-Miami, announced today that MFI-Miami has discovered serious flaws in the way Wells Fargo Home Mortgage validates debt owed by homeowners. As a result, MFI-Miami has issued a Wells Fargo Warning to […]
The OCC Has Personally Fined Former Wells Fargo CEO John Stumpf $17.5 Million For Fake Accounts Fiasco Wells Fargo indicated just over a week ago that the fallout from its fake account scandal was far from over. The bank is disclosing that it has at least $3.1 billion set aside for expected litigation payouts. In […]
Dementia Victim’s Family Files Federal Lawsuit Against Wells Fargo Alleging Dual Tracking Scam In His Foreclosure A Mississippi daughter and father have filed a federal lawsuit against Wells Fargo Home Mortgage. They allege Wells Fargo unlawfully foreclosed on the father’s home using illegal dual tracking methods. Patty Parrish filed the lawsuit on behalf of her father, […]
Wells Fargo CEO Tim Sloan Dons His Grinch Costume Announces Mass Wells Fargo Firings For The Holidays Mass Wells Fargo firings have announced just in time for the holidays. Wells Fargo informed 1,000 employees their jobs will be eliminated. The bank’s consumer lending divisions will see the biggest hit. employees in those divisions will see […]
Rising Interest Rates And Stiff Competition Are Causing Wells Fargo Mortgage Originations To Plummet Wells Fargo mortgage originations continue to plummet as interest rates have risen over the last several months. Wells Fargo says that it originated $46 billion in mortgages in the third quarter. This is down 22% from last year’s total of $59 billion during the […]
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