Wells Fargo Busted Again! The OCC Fines Wells Fargo $250 Million For Unsafe And Unsound Home Lending Practices Wells Fargo busted again! The Office of the Comptroller of the Currency fined Wells Fargo $250 million. The agency is stating the bank practiced “unsafe or unsound practices” in their home lending business. The OCC imposed the […]
Lawsuit Claims Wells Fargo Shuffled and Played Favorites With Paycheck Protection Program Applications A California-based company filed a class-action lawsuit against Wells Fargo. The lawsuit cites unfair actions with businesses applying for the Paycheck Protection Program. The Treasury Department announced the $349 billion forgivable loan program last month. The government set up the loan program […]
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 […]
Embattled Wells Fargo Bank Busted For Overcharging Monthly Service Fees To Account Holders It seems as if embattled Wells Fargo Bank never learns. The embattled bank expects to refund some customers for monthly account service fees due to “confusion” over how to qualify to have the fees waived. The bank hasn’t disclosed how many customers might […]
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