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 […]
A New Wells Fargo Investigation Focuses On The Bank Committing Low-Income Housing Tax Credit Fraud A new Wells Fargo investigation is underway by the USDOJ in Miami. The DOJ has convened a grand jury. The DOJ is accusing Wells Fargo of colluding with affordable housing developers nationwide. The scheme involved driving down the prices of […]
Homeowners With Wells Fargo Mortgages Can Sue Wells Fargo If They Were Denied Permanent Loan Modifications Wells Fargo must face lawsuits by homeowners with Wells Fargo mortgages who claim the largest Wells Fargo refused to offer them permanent mortgage modifications for which they had qualified. The 9th U.S. Circuit Court of Appeals said Wells Fargo […]
Wells Fargo Tellers Call Cops On Elderly Black Bank Manager From Another Bank For Attempting To Cash A Check It seems like white Wells Fargo tellers aren’t immune from calling police on black people for doing everyday things. This pandemic of white paranoia has even hit culturally diverse South Florida. An elderly black woman in Florida […]
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