Federal regulators allege bank improperly denied thousands of mortgage loan modifications over at least seven years, in some cases leading customers to lose their homes.
Source: Inman News
Wells Fargo paying $3.7B to settle mortgage, auto loan allegations
Published in CFPB, Charlie Scharf, Consumer Financial Protection Bureau, foreclosure, Mortgage, mortgage modifications, mortgage servicing, Regulations, Select and wells fargo
More from CFPBMore posts in CFPB »
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- 2025 a banner year for mortgage deregulation and legislation
- What every real estate pro should know about kickback rules
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
- Fed rebuts accusations that Powell mismanaged $2.5B renovation
More from Charlie ScharfMore posts in Charlie Scharf »
More from Consumer Financial Protection BureauMore posts in Consumer Financial Protection Bureau »
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- 2025 a banner year for mortgage deregulation and legislation
- What every real estate pro should know about kickback rules
- Outside lawyers, WSJ editorial board urge Trump not to fire Powell
More from foreclosureMore posts in foreclosure »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Falling home prices leave nearly 1 million Americans ‘underwater’
- $100M fraud ring busted, hundreds displaced by foreclosures
- Former agent convicted of swindling woman out of her home
- Homeowners are cracking under the pressure of increased costs
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
More from mortgage servicingMore posts in mortgage servicing »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- AI key to growing Rocket, Redfin and Mr. Cooper under one roof
- Rocket Companies closes Mr. Cooper acquisition
- Appraisal bias suit against Rocket Mortgage, Solidifi moves forward
- Pennymac takes a stake in Vesta, launches non-QM mortgages
More from RegulationsMore posts in Regulations »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- ALTA takes aim at seller impersonation fraud: What to know
- Mortgage giants ‘very close’ to accepting new FICO score
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- Why Fannie and Freddie still won’t accept more inclusive credit score
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
More from wells fargoMore posts in wells fargo »
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- Evergreen Home Loans hiring to serve 29 additional states
- Here’s the data you need to grow your real estate business right now
- Mr. Cooper is ‘firing on all cylinders’ going into merger with Rocket
- Anywhere names Barri Rafferty chief communications officer
Be First to Comment