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Wells Fargo

A collection of news and information related to Wells Fargo published by this site and its partners.

Top Wells Fargo Articles

Displaying items 89-99
  • 'Underwater' homeowners likely to face new tax bill

    'Underwater' homeowners likely to face new tax bill
    Starting next month, about 130,000 Orlando-area homeowners with "underwater" mortgages are likely to face a new tax bill if they sell their house, modify their mortgage or lose their home in foreclosure. A 2007 federal law that waived income taxes on...
  • Three large banks not fully complying with mortgage settlement changes

    Three large banks not fully complying with mortgage settlement changes
    Three of the nation's largest banks are not fully complying with new standards for dealing with mortgage customers that were agreed to as part of a $25-billion settlement of foreclosure abuse allegations, the settlement's monitor said Wednesday. In...
  • Banks reap benefits from donating foreclosed homes

    Banks reap benefits from donating foreclosed homes
    In the historic Golden Dome field house in Garfield Park, bank executives and charity leaders gathered in August to trade hugs and self-congratulatory speeches. Nonprofit groups on the West Side were helping restore communities by renovating homes...
  • State's foreclosure mediation lacks teeth, advocate say

    State's foreclosure mediation lacks teeth, advocate say
    After losing her job as a teacher, Guernica Williams tried for months to get her bank to modify the mortgages on her Windsor Mills home. When her unemployment insurance ended in 2012 and she defaulted, she kept trying, leaving voice mails for a changing...
  • Wells Fargo's pressure-cooker sales culture comes at a cost

    Wells Fargo branch manager Rita Murillo came to dread the phone calls. Regional bosses required hourly conferences on her Florida branch's progress toward daily quotas for opening accounts and selling customers extras such as overdraft protection....
  • Letters: Questionable ethics at Wells Fargo

    Re "Wells Fargo sales quotas come at cost," Dec. 22 From 1996 to 2002, I worked at a Wells Fargo branch in Brentwood. My experience was just as The Times reported for other workers. I was criticized numerous times for not selling according to the...
  • Mortgage bankers hog the 2014 Piggy Awards

    The end of the year is a time to review the year that just was. If, like me, you write about the financial services industry, this means you tend to find yourself drinking heavily and/or upping your blood-pressure medication as you total the year's supply...
  • Times investigation of Wells Fargo culture provokes strong reaction

    A Times investigation into the intense sales culture at Wells Fargo Bank, published in Sunday's newspaper, has drawn strong reaction from the bank's customers and employees. Many related experiences similar to those described in the story. The Times...
  • Invest like a billionaire: New index tracks stocks the wealthy own

    A new stock index was launched Wednesday to help investors keep track of the investing strategies of some of the smartest minds on Wall Street. The iBillionaire index lists 30 large-cap stocks owned by billionaire investors, including Warren Buffett,...
  • Moody's cuts ratings of four big banks on reduced bailout chance

    Moody's cuts ratings of four big banks on reduced bailout chance
    WASHINGTON -- Moody's Investor Services on Friday said it cut the credit ratings for four big U.S. banks because of reduced chances the government would bail them out in a future crisis. The ratings for bank holding company debt of JP Morgan Chase & Co....
  • Pearlman fraud victims will get first checks soon

    Pearlman fraud victims will get first checks soon
    More than seven years after former boy-band promoter Lou Pearlman's empire collapsed, victims of one of the biggest financial scams in Florida history will soon be getting some of their money back — but it's literally just pennies on the dollar....