Archive for: wells fargo

Judge denies Wells Fargo attempt to fight financial crisis suit

. . . . You can pause intro music below. Judge denies Wells Fargo attempt to fight financial crisis suit . Piggybankblog posted on 02/12/13 Cross linked with reuters.com By Aruna Viswanatha WASHINGTON, Feb 12 (Reuters) – A federal judge on Tuesday denied Wells Fargo’s attempt to beat back a financial-crisis lawsuit by arguing it […]

+Continue Reading

Wells Fargo sued over CDO handling

. . . . Pause intro music down below. Wells Fargo sued over CDO handling . Piggybankblog posted on 01/25/13 Cross linked with bizjournals.com Wells Fargo & Co. has been sued over allegations that it mishandled investments of a collateralized-debt obligation vehicle created by a German bank that was dissolved following the 2008 financial crisis, […]

+Continue Reading

Wells Fargo Bets on Charlotte Trading After BofA Flees

. . . . Pause intro music down below. Wells Fargo Bets on Charlotte Trading After BofA Flees . Piggybankblog posted on 01/15/13 Cross linked with bloomberg.com Wells Fargo & Co. (WFC) is betting its securities business can thrive 600 miles from New York in the same city Bank of America Corp. (BAC)’s traders largely […]

+Continue Reading

Mayor Belinda Brooks From The Town Of "Lucky" In Ohio Fighting foreclosure

. . . . Pause intro music down below. Fighting foreclosure . Piggybankblog posted on 12/30/12 Cross linked with sent-trib.com LUCKEY – After faithfully paying her mortgage for years, Belinda Brooks worries that she might lose the house she has made into a home for her family. She lives in fear of coming home to […]

+Continue Reading

Widows face foreclosure due to mortgage Catch-22

. . . . You can pause intro music below. Widows face foreclosure due to mortgage Catch-22 . Piggybankblog posted on 12/27/12 Cross linked with tampabay.com Two years after he died of cancer, Dorothy Jackson’s late husband received a letter from the bank. “Dear David A. Jackson Deceased,” the letter said. It was from a […]

+Continue Reading

Problems at Wells Fargo Website

. . . . Pause intro music down below. Problems at Wells Fargo Website . Piggybankblog posted 12/19/12 Cross linked with wsj.com Wells FargoWFC -0.51% & Co. customers are having difficulty accessing their accounts through the bank’s website. A bank spokeswoman attributed the difficulties to an “unusually high volume of traffic” on the site, and […]

+Continue Reading

Becker vs Wells Fargo Bank / Superior Court of CA — servicer can be held negligent for the damages caused by their negligent conduct in the loan mod process

. . . . Pause intro music down below. Servicer Can Be Held Negligent For The Damages . Piggybankblog posted on 12/19/12 Judge’s tentative ruling in whihc they overruled Defendant’s demurrers and permitted plaintiffs to assert causes of action for negligence against services that mishandled the loan modification process by losing documents — taking trial […]

+Continue Reading

Obama Housing Official to Join Wells Fargo

. . . . Pause intro music down below. Obama Housing Official to Join Wells Fargo . Piggybankblog posted on 12/10/12 Cross linked with Wall Street Journal . Bob Ryan, who served as a top housing adviser in the Obama administration, will depart for a senior mortgage-banking position at Wells Fargo WFC -0.54% & Co. […]

+Continue Reading

Bank of America is Becoming Inflexible on Flex Time

. . . . Pause intro music down below. Bank of America is Becoming Inflexible on Flex Time . Piggybankblog posted on 12/10/12 Cross linked with dailyfinance With Bank of America , cutbacks have become a part of its new normal, and CEO Brian Moynihan recently announced plans to lay off 16,000 workers by year’s […]

+Continue Reading

MBS litigation 2.0: BofA sues trustee Wells Fargo over put-back

. . . . Pause intro music down below. MBS litigation 2.0: BofA sues trustee Wells Fargo over put-back . Piggybankblog posted on 12/07/12 Cross with thomasreuters.com On Tuesday, Bank of America broke what I believe is new ground in mortgage-backed securities litigation. The bank brought a declaratory judgment suit against Wells Fargo, the trustee […]

+Continue Reading

Warning: call_user_func_array() expects parameter 1 to be a valid callback, function 'w4sl_insert_visitor' not found or invalid function name in /home/piggybank/www/www/wp-includes/plugin.php on line 429