Homebuyers this year are facing a new landscape on the tax front. Total mortgage application volume rose 8.3 percent during the first week of the year. Refinance applications led the charge, rising 11 percent from the previous week.
Wells Fargo & Co, the third-largest U.S. bank by assets, expanded the role of Mary Mack, who has headed its...
Mack took over as head of community banking from Carrie Tolstedt, a central figure in a sales scandal that has tarnished the bank’s reputation.
Wells Fargo & Co. may face new sanctions from a key federal regulator over bad practices the bank has copped to...
The report, which cited unnamed sources familiar with the matter, suggested the OCC may issue a cease-and-desist order, a regulatory action that demands a bank stop certain practices and take corrective action.
During the conversation, Codel disparaged regulators and told Gwizdz that his severance was not more generous because...
The lawsuits include two class action cases alleging violations of federal and state consumer fraud laws, as well as...
Wells Fargo & Co is facing litigation over previously disclosed sales problems related to its auto lending and mortgage businesses, the bank disclosed in a regulatory filing on Friday.
Wells Fargo reported underwhelming results for the third quarter of the year late last week, as the third-largest U.S....
Wells Fargo’s misgivings have hurt the bank on two fronts over recent quarters. Firstly, the reputational hit has resulted in some customers shying away from doing business with the bank.
Maxine Waters, the top Democrat on the House Financial Services Committee, issued a 38-page report on Friday slamming...
One lawmaker says regulators should consider shutting down Wells Fargo for abusing the trust of millions of its customers.
The Office of the Comptroller of the Currency (OCC) has for weeks debated how to take action on the insurance and...
The main regulator for Wells Fargo & Co (WFC.N) is considering whether to sanction the U.S. bank over improperly charging customers for car insurance and mortgage loans, according to a source familiar with the matter.
Wells Fargo does not disclose how much it sets aside for litigation, but said in its second-quarter financial filing...
Wells Fargo & Co (WFC.N) expects to gain better control of costs in relation to revenues, as it works to recover from a sales scandal, its chief executive said on Tuesday.