wells fargo

the-specious

Wells Fargo Accidentally Handed Over A Bunch Of Confidential Info On Its Rich Clients

After having a heckuva time dealing with backlash over its recent fake accounts fiasco, Wells Fargo has another debacle on its hands: A new report says a lawyer for the bank accidentally released a whole lot of confidential information about tens of thousands of its richest clients. [More]

Mike Mozart

Wells Fargo Accused Of Adding Years To Modified Mortgages Without Telling Borrowers

As the country tried to crawl out of the last recession, homeowners all across America sought mortgage modifications to make their home loans more manageable. However, some homeowners say that Wells Fargo not only modified their loans without asking, but that this lower rate added years — perhaps decades — to the terms of their mortgages. [More]

the-specious

Philadelphia Accuses Wells Fargo Of Discriminating Against Minority Mortgage Borrowers

Philadelphia has become the latest city to accuse one the nation’s largest banks of deliberately pushing minority mortgage applicants into home loans that cost more than these borrowers would have received if they were white. [More]

eric_harvieux

Supreme Court Says Cities Can Sue Banks Over Fair Housing Violations

The U.S. Supreme Court ruled this morning that cities are allowed to sue banks for alleged violations of the Fair Housing Act if the city is able to show that it was harmed by a bank’s discriminatory actions. [More]

Adam Fagen

Complaints About Student Loan Servicing Increased 429% In Past Year

In the past year, federal regulators and consumer advocates have highlighted issues with student loans and the servicing of these often crippling debts: from finding that educational loans continue to haunt older borrowers, to suing Navient, the largest student loan servicing company. Because of this, it might not come as much of a surprise that the number of complaints the Consumer Financial Protection Bureau received related to student loans has skyrocketed.  [More]