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Man Commits Suicide After Years Of Fighting Wachovia & Wells Fargo Over Mortgage Mess-Up
We've written some incredibly sad stories about homeowners trapped in the mortgage meltdown maze, and this one certainly ranks up there among the most depressing. Not just because a man is dead, but because it could have all been prevented more than three years ago.
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Wells Fargo Fires Woman After Finding Out She Shoplifted 40 Years Ago
A woman in Milwaukee is paying for a crime she committed 40 years ago by losing her job. Wells Fargo found out during a background check that she had shoplifted in 1972, and subsequently fired her. She thinks she's already paid her time for that crime, but Wells Fargo's policies disagree.
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Wells Fargo Won't Let Man Access His Safe Deposit Box, He Misses His Mother's Funeral
Keeping your belongings safely tucked away in a safe deposit box is a great idea. But when your only photo identification is a passport that happens to be inside that box, it might prove troublesome. A man trying to fly to India to visit his ailing mother was prevented from going anywhere when Wells Fargo put up a fight over his safe deposit box.
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Disabled Woman Protesting Foreclosure Arrested Outside Home Of Wells Fargo CFO
A woman who suffers from cerebral palsy and uses a motorized wheel chair was arrested after protesting the foreclosure of her home outside the house of Wells Fargo Bank Chief Financial Officer Tim Sloan. She claims she's being punished for a stay in the hospital.
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Wells Fargo Has Been Billing Me For "Credit Defense" Program I Never Signed Up For
Consumerist reader Andrea has had checking and credit card accounts at Wells Fargo for several years, but she recently noticed that somewhere along the line the bank had enrolled her in something called "Credit Defense," which has been quietly siphoning off a small percentage-based fee every month. And even though Wells could offer no proof that Andrea had ever opted into the program, the bank would not refund her money.
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Wells Fargo Ordered To Pay Homeowner $3.1 Million For "Reprehensible" Mortgage Servicing
While mortgage servicers are getting their
hats handed to them on a collective basis, a federal judge is taking issue with Wells Fargo over their dealings with a single homeowner, to the tune of $3.1 million in punitive damages. The bankruptcy judge called Wells Fargo's behavior "highly reprehensible" in the recent decision.
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How A $10 Overdraft Fee Spiraled Into $1,555 In Debt To Wells Fargo
Five years after a NJ man thought he'd closed his former business's two lines of at Wachovia, he was hit with one heck of a surprise by the bank's new owner Wells Fargo: He had somehow racked up more than $1,500 on one of those accounts, without ever having received a statement.
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Federal Judge Signs Off On $25 Billion Mortgage Settlement With Top 5 Banks
It's just like reality TV, but not at all — America, here are your top five big greedy banks, and here is the $25 billion
mortgage settlement they're all going home with, now that a federal judge has approved it. That's their load to carry, after allegations of foreclosure abuses and misconduct in servicing home loans.
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Which Worst Company Contenders Force Customers Into Mandatory Arbitration?
As we sifted through the mountain of nominations for this year's Worst Company In America tournament, we noticed a trend of readers who cited companies' mandatory binding arbitration clauses as a reason for nominating. And while it's businesses like
AT&T and
Sony that have made all the headlines for effectively banning class action lawsuits, there are a
lot of other WCIA contenders who are forcing customers into signing away their rights.
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Worst Company In America Round One: Wells Fargo Vs. Citi
Welcome to Day 2 of corporate carnage in the Worst Company In America Octagonal Steel Cage! Starting things off for today is another pair of bloodthirsty bankers out to prove they are just as astoundingly inept as any other business in the bracket.
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