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Wells Fargo

Stories From the Frontline: Don't Drink the Yellow Kool-Aid

D. Sidney Potter | Posted 06.19.2012 | Business
D. Sidney Potter

The banks' almost near-inability to properly staff qualified personnel was a part of the comedy of errors. As an example, some of it was lost in translation -- literally.

If Corporations Are Persons, Then They Should Be Better People on Tax Day

Jose Suarez | Posted 06.17.2012 | Miami
Jose Suarez

If Carnival were a person, there would be a word to describe its behavior: bratty. You know, the way none of us would want to see our kids act.

Report: Wells Fargo Extends Loans With Extremely High Interest Rates

The Huffington Post | Bonnie Kavoussi | Posted 04.17.2012 | Business

Big banks are participating in a practice commonly associated with the use of big signs to lure vulnerable Americans. Wells Fargo, the country's b...

Stories From the Frontline: Why Is Mortgage Aid, Hater-Aid?

D. Sidney Potter | Posted 06.16.2012 | Business
D. Sidney Potter

Why is the banking industry -- for the most part, since I personally detest over generalizations, resistant to essentially doing the right thing and/or at least doing it in a timely matter?

Wells Fargo's Profits Rise As It Set Aside Less Money For Bad Loans

Reuters | Posted 06.13.2012 | Business

* Wells Fargo reports higher Q1 profit * Q1 EPS 75 vs. 67 cents a year earlier * Results helped by mortgage results ...

Janell Ross

Feds Launch Probe Of Wells Fargo Housing Practices | Janell Ross | Posted 04.12.2012 | Business

Wells Fargo & Co., the nation's largest mortgage lender, is facing the second of at least two federal probes into how it treats minority borrowers and...

Stories From the Frontline: Robo Signers vs. The Silent Enemy

D. Sidney Potter | Posted 06.10.2012 | Business
D. Sidney Potter

As a former 1 percent member who got his backside kicked in the real estate "boom and bust" over the last decade, I'm officially a 99 percent member (misery loves company) -- and it's with unique privilege that I can report stories from the frontline.

Major Lender Accused Of Discrimination

AP | DEREK KRAVITZ | Posted 06.10.2012 | Business

WASHINGTON — A group of U.S. nonprofit housing advocates has filed a discrimination complaint against Wells Fargo, accusing the nation's largest...

Bank Charges Customer $1,500 Behind His Back

The Huffington Post | Catherine New | Posted 04.09.2012 | Money

Stu Straus of West Orange, N.J., is the latest person to fall victim to a zombie bank account. According to the Star-Ledger, Straus was charged $1,...

Ben Hallman

New Orleans Homeowner Wins The Foreclosure Lottery | Ben Hallman | Posted 04.09.2012 | Business

A federal judge who has fiercely criticized how big banks service home loans is fed up with Wells Fargo. In a scathing opinion issued last week, E...

What Would King Have Said About Foreclosures, Trayvon?

Alex Emslie | Posted 06.06.2012 | Politics
Alex Emslie

San Franciscans gathered at City Hall April 5 to commemorate the assassination of Martin Luther King Jr. and express outrage at the slaying of Trayvon Martin, local homicides claiming the lives of three young men this week, and "economic violence" resulting in foreclosures and poverty.

Homeowners Stuck With High Rates Even After Refinancing Program

Posted 04.06.2012 | Business

By Cora Currier ProPublica Some homeowners are getting stuck with relatively high interest rates even after they participate in the government's p...

Ben Hallman

'I Don't Trust A Word They Say' | Ben Hallman | Posted 05.10.2012 | Business

Bob Hale nearly lost his Concord, Mass., home to foreclosure in 2010 as a result of what he claims were bank errors. That would make him a prime ca...

This CEO Is The Highest Paid Big Bank Chief

Reuters | Posted 06.04.2012 | Business

By David Henry April 4 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon received $ 23.1 m illion in compensation in 2011, an 1 1 perce...

Colorado Bankers Answer Call for Small-Business Access to Capital

Robert Schwab | Posted 06.04.2012 | Denver
Robert Schwab

Bankers have been called nasty names for years by small-business owners who have been denied credit, but the Colorado Bankers Association has launched an effort that could change that.

Bank Launches New Business For Ultra-Wealthy

Reuters | Posted 06.01.2012 | Business

By Ashley Lau April 2 (Reuters) - Wells Fargo & Co opened its new Abbot Downing business on Monday, o fficially merging two of its...

NYC Finance, Fashion Merge at Amrita Singh Penthouse

Jim Luce | Posted 10.11.2012 | HuffPost Home
Jim Luce

As a woman and a jewelry designer, I understand what it means to adorn a woman's body with my pieces," Amrita told me. "Now, I'm working with a larger canvas -- a woman's home -- and there is no better way to engage a woman's soul than to help her adorn her home."

Banks Finding Opportunity In Postal Service Woes

Reuters | Posted 05.28.2012 | Business

* Banks see an opening in calls to end Saturday deliveries * Chance of slower mail argues for electronic payments * Bank...

Looking Deeper -- Foreclosed Upon Property Sale

Donna Larner Lavery | Posted 05.23.2012 | Business
Donna Larner Lavery

I was contacted by a woman named Leslie this week, in hopes that I could assist her in resolving an issue she was experiencing in the purchase of a foreclosed upon property. This was an issue where transparency and authenticity really moved things along.

WATCH: Protestors Tell Issa To 'Stop Fighting For Wall Street'

The Huffington Post | Harry Bradford | Posted 03.20.2012 | Business

California Republican Darrell Issa may think twice before coming to Brooklyn again. The Chairman of the House Oversight and Government Reform Comm...

Ben Hallman

Donovan To States: 'Do The Right Thing' With Mortgage Settlement | Ben Hallman | Posted 03.16.2012 | Business

Alarmed by reports that states may divert mortgage settlement money intended to help homeowners, Housing and Urban Development Secretary Shaun Donovan...

Giving Up Your Bank for Lent

Michael Winship | Posted 05.15.2012 | Money
Michael Winship

On Ash Wednesday, churches in San Francisco announced they were removing $10 million from Wells Fargo and called on the bank "to put an immediate freeze on its foreclosures and repent for their misconduct." The effort is part of several national campaigns to get consumers and community groups to remove their money from the big banks and transfer accounts to credit unions and smaller financial institutions. We're told that the banks, desperate when thrown a lifeline by taxpayers in 2008, are now stronger and better able to weather a crisis than they were. And yet, they continue to scream in protest and lobby on Capitol Hill against the ignominy of reform. Simple greed -- hey banks, how about giving that up for Lent?

Big Banks To Pay Millions In Settlement With NY Over Mortgage Practices

Reuters | Posted 05.13.2012 | Business

* JPM, BofA and Wells Fargo partially settle NY lawsuit * Citi, Ally Financial also part of $25 mln deal * Banks did not...

Ben Hallman

Mortgage Investigation Consistently Hindered By Major U.S. Banks: Watchdog | Ben Hallman | Posted 03.14.2012 | Business

The five banks that agreed to a $25 billion settlement to resolve fraudulent foreclosure claims consistently hindered a government watchdog's investig...

Ben Hallman

Mortgage Settlement: The Deal That Divided The Democrats | Ben Hallman | Posted 03.13.2012 | Business

Top law enforcement officers from most of the 50 states gathered last week in Washington, D.C., for the annual spring meeting of state attorneys gener...