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FILTER RESULTS ►Billionaire David Shaw’s Top Picks for Q2 Include Wells Fargo & Co (WFC)
Several weeks after the end of each quarter, hedge funds and other major investors file their 13Fs with the SEC to disclose many of their long equity positions in U.S. stocks as of the end of the previous quarter. Even though the information in 13Fs is a bit old, we have found that it is [...]
Man Who Paid His Mortgage Early Facing Foreclosure
Etienne Syldor, an Orlando resident who works as a bus driver at Walt Disney World, says that Wells Fargo has started foreclosing on his house. This is despite the fact that he not only made his payments on time, but even overpaid on them. As local station WFTV reported, “Last year, Wells Fargo offered him [...]
Exclusive: New York claims more proof of bank mortgage abuses
NEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abu...
Will Fannie Mae Cause Wells Fargo & Co (WFC) to Plunge Today?
For the first time this week, Wells Fargo & Co (NYSE:WFC) stock has dipped below the $40 mark, despite some good news on the housing front. Not that Wells is alone: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Citigroup Inc. (NYSE:C) are all down this Friday morning, as are both the S&P 500 and [...]
Exclusive: NY attorney general says more evidence banks violated mortgage pact
NEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abu...
Wells Fargo & Co (WFC), U.S. Bancorp (USB) & Warren Buffett’s Cheap Stocks For The Summer
Several weeks after the end of each quarter, hedge funds and other major investors such as Warren Buffett’s Berkshire Hathaway file 13Fs with the SEC, disclosing many of their long equity positions as of the end of that quarter; check out Berkshire’s most recent 13F on the SEC’s website. Our database tracks hundreds of 13F [...]
Will Fannie Mae Cause Wells Fargo to Plunge Today?
News that Wells Fargo and JPMorgan are taking a hit due to Fannie’s interference may send their stocks lower today.
Will Fannie Mae Cause Wells Fargo to Plunge Today?
For the first time this week, Wells Fargo stock has dipped below the $40 mark, despite some good news on the housing front. Not that Wells is alone: Bank of America, JPMorgan Chase, and Citigroup are all down this Friday morning, as are both the S&P 500 and the Dow. Show More Summary
Goldman Sachs Sets Everyone Straight on the TBTF Subsidy
After two years of reports from Bloomberg saying that the nations' five biggest banks -- Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Wells Fargo -- all receive an implicit taxpayer subsidy of approximately $83 billion...Show More Summary
Why Wells Fargo's Stock Is Worth Owning
Maybe there is such a thing as a solid bank.
Why Wells Fargo's Stock Is Worth Owning
The next selection for the Inflation-Protected Income Growth Portfolio is banking titan Wells Fargo. One of the few major banks to have recovered its dividend to nearly its pre-financial-crisis level, and one that even noted value hunter...Show More Summary
Bank of America praised, criticized for homeowner relief
``The accolades were striking in light of New York Attorney General Eric Schneiderman's allegations that Bank of America, as well as Wells Fargo, has failed to help struggling homeowners under the agreement. Schneiderman was one of 49...Show More Summary
Wells Fargo Forecloses on Homeowner For Paying Too Much
[h/t FireDogLake] Gee, Wells Fargo Bank. A guy does what he's supposed to do and not only makes his regular payments but extra ones too and you decide to foreclose on him? Damned if he does, damned if he doesn't. Orlando news station...Show More Summary
Wells Fargo Donates $100,000 for Oklahoma Tornado Victims
Wells Fargo Donates $100,000 for Oklahoma Tornado Victims Fee waivers for customers in disaster area to continue through May 28 SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company ( NYS: WFC ) announced today that it is donating $100,000...Show More Summary
Why Wells Fargo Stock Could Buck Today's Downward Trend
If you've followed Warren Buffett's lead by investing in Wells Fargo, feel free to pat yourself on the back. Roughly halfway through today's trading session, it's one of the few big bank stocks that's spent much of the day in the green (though they've since dipped back into negative territory). Show More Summary
Why Wells Fargo Stock Could Buck Today's Downward Trend
Although shares of the nation's largest bank are currently trading lower, here's why they were bucking the general trend for much of the afternoon.
Bank of America Corp (BAC), Regions Financial Corporation (RF) & PNC Financial Services (PNC): Three Attractive Banking Stocks to Consider Now, One to Avoid
Since last decade’s banking crisis, among the nation’s trillion-dollar asset banks there has been stratification both in terms of profitability and public reputation. Wells Fargo & Co (NYSE:WFC) is always a winner. JPMorgan Chase & Co. (NYSE:JPM) has come next, then probably Citigroup Inc (NYSE:C), followed by Bank of America Corp (NYSE:BAC) at the rear. I am [...]
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM), Bank of America Corp (BAC): Looking for Big Yields? Think Twice Before Investing in These Securities
The commercial debt business is currently experiencing somewhat of a revival, as some of the biggest banks scramble to write more business loans that can be packaged into products for sale to yield-hungry investors. Some types of commercial mortgage-backed securities offered by the likes of Wells Fargo & Co (NYSE:WFC), JPMorgan Chase & Co. (NYSE:JPM), and Bank of [...]
Wells Fargo & Co (WFC): Hedge Funds and Insiders Are Bearish, What Should You Do?
Wells Fargo & Co (NYSE:WFC) investors should pay attention to a decrease in activity from the world’s largest hedge funds of late. In the financial world, there are dozens of metrics shareholders can use to analyze Mr. Market. A couple of the best are hedge fund and insider trading sentiment. At Insider Monkey, our research [...]
BofA, JPMorgan Chase Say They've Fulfilled National Mortgage Settlement Obligations: Report
``BofA and JPMorgan's assertions that they've fulfilled their obligations under the settlement aren't official, as Joseph Smith, the monitor for the deal, hasn't reviewed them yet, according to the LA Times. Wells Fargo also claims to be 90 percent of the way done fulfilling its obligations. Show More Summary
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