Bank of America Has Prevailed

Bank of America Has Prevailed In Ghetto Loans Lawsuit

Bank of America Has Prevailed In The Cook County Ghetto Loans Lawsuit As 7th Circuit Court of Appeals Rules In It’s Favor Bank of America has prevailed in a ghetto loans lawsuit brought against it by Cook County, Illinois. Cook County sued the bank alleging predatory mortgage loans to Black and Hispanic borrowers in the Chicago […]

latino wells fargo employees

Latino Wells Fargo Employees Accuse Bank Of Anti-Latino Bias

Here We Go Again! Latino Wells Fargo Employees Accuse Bank Of Anti-Latino Bias In A Predatory Lending Scheme A group of current and former Latino Wells Fargo employees has filed a federal lawsuit against Wells Fargo. The employees from the company’s bilingual mortgage sales team are alleging race-based discrimination.  The suit alleges:  “Wells Fargo forces […]

CFPB Spanks Wells Fargo

CFPB Spanks Wells Fargo With Yet Another Fine

The CFPB Spanks Wells Fargo With Yet Another Fine Yesterday For Ripping Off Consumers. This Time It’s For $3.75 Billion The CFPB spanks Wells Fargo with another fine by the CFPB yesterday. The CFPB has ordered Wells Fargo Bank to pay $3.7 billion for violations across several of its largest product lines. This includes mortgage […]

Wells Fargo Is Ramping

Wells Fargo Is Ramping Up Foreclosures In New York

Wells Fargo Is Ramping Up New York Foreclosures! Are You Prepared? Call 888.737.6344 Before It’s Too Late! Wells Fargo is ramping up New York foreclosures. This is bad news for New York homeowners because Wells Fargo is hellbent on seizing homes!  Therefore, MFI-Miami has teamed up with several New York law firm to create a […]

Wells Fargo 3rd Quarter

Wells Fargo 3rd Quarter Earnings Take A $2 Billion Hit

Legal Issues And falling Mortgage Originations Cause Wells Fargo 3rd Quarter Earnings Take A $2 Billion Hit Wells Fargo 3rd quarter earnings continued to take a hit from its legal problems. The slowing housing market also didn’t help. On Friday, the nation’s third-largest bank reported net income of $3.53 billion. This is 85 cents per diluted […]

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