Wells Fargo to Pay $3.7 Billion Civil Penalty According To CFPB

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Wells Fargo, the largest depository lender in the United States, has agreed to pay a $1.7 billion civil penalty to settle several consent orders related to auto loans, consumer savings accounts, and mortgages with the Consumer Financial Protection Bureau (CFPB).Continue Reading

JPMorgan Chase and Wells Fargo Reported A Significant Decline In Home Lending Revenues

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

JPMorgan Chase and Wells Fargo, the nation’s largest mortgage lender, reported third-quarter results on Friday. Both banks reported a significant decline in home loan income due to high-interest rates. Wells Fargo’s home loans in Q3 2022 totaled $21.5 billion, downContinue Reading