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Tag Archives: Wells

Conditions for the mortgage industry have improved in the second quarter, but Wells Fargo is not optimistic

Share with Facebook Share with Twitter Share with linkedin <div_ngcontent-c16 = "" innerhtml = " BURBANK, CA – JUNE 2: General atmosphere in William Shatner's Priceline.com Hollywood Charity Horse Show Hosted by Wells Fargo at the Los Angeles Equestrian Center on June 2, 2018 in Burbank, California (Photo by Greg Doherty / Getty Images) The US mortgage industry witnessed a …

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Wells Fargo can not shake his bad image. It can even get worse

Wells Fargo & Co.'s reputation may be even worse with some measures than at the peak of the fake account scandal in 2016. The bank faces 91 per cent of negative consumer sentiment at the beginning of August said Mark Bachman, head of TickerTags at M Science, a web-based analytics platform. The company used proprietary algorithms to measure the percentage …

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David Wells, CFO of Netflix, resigns – Diversity

David Wells, a 14-year veteran of Netflix, who has led the company through a period of massive growth since 2010 as Chief Financial Officer, announced plans to leave the company. Netflix said Wells will resign after helping the company The company chose its successor and announced that finding a new CFO will include "both internal and external candidates". Wells said …

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Wells Fargo says hundreds of customers have lost homes due to computer problems

Hundreds of people were forced to close their homes because the software used by Wells Fargo falsely refused mortgage modifications. The embattled bank uncovered this issue in a regulatory filing and said it provided $ 8 million to compensate customers The same motion also revealed that Wells Fargo is "subjected to formal or informal inquiries or investigations" by nameless government …

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Wells Fargo: Errors contributed to hundreds of foreclosures

The bank said in a filing on Friday that the error had resulted in 625 customers refusing or not offering the credit modifications they otherwise would have qualified for. Foreclosures were completed in about 400 cases. CHARLOTTE, NC (AP) – Wells Fargo says a corporate failure has contributed to hundreds of foreclosures because it incorrectly charged clients' entitlement to mortgage …

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A black woman says Wells Fargo did not want to cash her check. She sues discrimination.

What Barbara Carroll says should be a quick trip turned into an almost three-hour ordeal after a Wells Fargo branch in Fort Lauderdale accused the 78-year-old black woman of counterfeiting. Carroll, a doctor of criminal justice and 17 years assistant bank manager, filed a lawsuit last week against the country's third-largest commercial bank, claiming racial discrimination. A Wells Fargo spokeswoman, …

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Wells Fargo's latest challenge: pet insurance reimbursements, legal services

Wells Fargo WFC -0.16% & Co. is in the process of reimbursing millions of dollars for products ranging from pet insurance to legal services added to hundreds of thousands of customer accounts without their full understanding, according to people [19659003WellsFargoknownasadd-onproductsdemandedmonthlyfeesfromcustomersfordozensofproductstheydidnotunderstandorusepeoplesaid The financial protection of consumers The office probed the case, people said. The agency focuses on whether customers have been …

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JP Morgan, Wells Fargo Post Q2 Results

JPMorgan Chase & Co. and Wells Fargo & Company released their second-quarter results Friday with broadly positive results at JPMorgan Chase and less positive news from Wells Fargo. JPMorgan Chase reported $ 8.3 billion in net income, up $ 7.0 billion a year ago, but $ 8.7 billion in the first quarter of this year. The Bank's net revenue for …

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