WHAT COULD GO WRONG? Wells Fargo launches 3% down payment mortgage. Yeah — this will end well. Thanks Bill and Hillary!
I suppose that I should begin by saying that Central Academy of Technology and Arts swept the top trophies last Sunday evening at the 5th Annual Blumey Awards. Their production of Ragtime won the Wells Fargo Best Musical for high-budget...Show More Summary
Wells Fargo has been widely criticized for its predatory, deceptive practice of targeting black mortgage borrowers with subprime mortgages (whose teaser rates ballooned into unsustainable long-term rates after a few years), rather than...Show More Summary
NEW YORK (AP) — Splitting the bill for those pizzas you shared with your buddies or that utility bill that is suddenly due is going to get easier and faster even if you don’t all use the same bank. JPMorgan Chase, Wells Fargo and other big banks are upgrading their online payment services to let […]
Wells Fargo, the nation's largest mortgage lender, is introducing a new home loan program that emulates those offered by the Federal Housing Administration with a couple of buyer-friendly twists. The bank is simplifying some of the extensive...Show More Summary
After being called out for its deceptive practices, the bank has scaled back on FHA backed mortgage lending in recent years. Wells Fargo accounted for just 2.5% of total FHA mortgages in 2015, down from 13% in 2010, and ultimately coming to this end game where the bank has a path forward without the FHA... Show More Summary
Nearly all exchange-traded funds track indexes. But there are many reasons why an ETF might not track its index perfectly. Mariana Bush, head of closed-end and exchange-traded fund research at Wells Fargo Advisors, highlights the reasons that an ETF's net asset value might not track its corresponding index. Read More »
Wells Fargo & Co. has started offering a new type of mortgage that requires a tiny down payment and could appeal to customers who might otherwise get loans backed by the Federal Housing Administration. Most big banks have pulled back from offering FHA loans after dealing with lawsuits and billion-dollar...
A former Wells Fargo & Co. mortgage banker in Beverly Hills has agreed to a one-year ban from the mortgage business and to pay an $85,000 fine to settle allegations that he orchestrated a scheme that resulted in some customers paying inflated fees. The Consumer Financial Protection Bureau on Thursday...
In the wake of its recent $1.2 billion settlement with the government, whereby Wells Fargo admitted to deceiving the government into insuring thousands of risky mortgages (yet nobody went to jail), the bank has decided to break withShow More Summary
A 3% rate is great, but bad credit is even better. Happy 2006!
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Wells Fargo is joining an increasingly crowded mobile wallet market. The bank announced the launch of Wells Fargo Wallet, which will be included in its Android app starting the summer. Show More Summary
COLONIZER'S CHESS GAME 101 USE THE GOVERNMENT TO PUNISH CITIBANK, WELLS FARGO AND BANK OF AMERICA FOR STEALING THE COLONIZED NEGRO'S MONEY VIA "SUBPRIME MORTGAGES" WHICH TAKE THEIR FINANCIAL RESOURCES. MONEY IS THE PRIMARY "FIAT CURRENCY"...Show More Summary
ON THE WEB Wells Fargo holds 2016 Investor Day Swift Moves to Harden Customers’ Security - Wall St. Journal - "Gottfried Leibbrandt, chief executive of the Society for Worldwide Interbank Financial Telecommunication, said audits will...Show More Summary
Wells Fargo has announced the U.S. bank will be releasing a wallet for Android later this summer. This addition to the official mobile banking app will transform the experience into a complete payment solution. It's hoped the introduction...Show More Summary
The burgeoning mobile-payment industry that allows consumers to buy stuff in stores with their smartphones has been led by technology giants such as Apple Inc. and Alphabet Inc.’s Google. Now, Wells Fargo & Co. wants a piece of the action. The San Francisco-based bank is expected to announce Tuesday...
Wells Fargo is bringing eye scanner biometrics to mobile banking
Welcome to the Frequent Miler Week In Review series. Every Saturday we bring you some of the best posts from around the web. Enjoy! This Week Around the Web Singapore’s New Business Class Upgrade Prices Are Really Interesting – A look at the costs to upgrade from Premium Economy to Business with Singapore miles. Show More Summary
Fargo City Commissioner Tony Gehrig, left and Mayor Tim Mahoney listen to a discussion. Forum file photo The InForum opinion piece “Say ‘no’ to more liberal bike lanes” was a well placed caricature of my position, and they know it. It is their modus operandi to do thing like this. Show More Summary
We filed a FINRA arbitration on behalf of a 63 year-old New York investor who is a brokerage customer of Wells Fargo Advisors LLC. The Statement of Claim alleges that the investor was retired and living off of the income from his...Show More Summary