wells fargo


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]


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]


Wells Fargo Customers Won’t Need A Card To Get Cash At ATMs Anymore

Can’t be bothered to carry a debit card, but need some cash on the go? Not a problem for Wells Fargo customers with smartphones, as the bank is rolling out its cardless technology at all of its roughly 13,000 cash machines. [More]