Independent Foreclosure Review
As part of the $9.2 billion dollar settlement between federal regulators and fourteen mortgage companies, some people began receiving checks on Tuesday, April 16, 2012. Most of the checks are small, averaging less than a $1,000.00. A few number of borrowers, mostly military personnel, who were improperly foreclosed on could receive as much as $125,000.00 […]
Wells Fargo in Trouble With the Fed
Last Wednesday, the Federal Reserve issued a consent cease and desist order and assessed an $85 million civil money penalty against Wells Fargo & Company of San Francisco, a registered bank holding company, and Wells Fargo Financial, Inc., of Des Moines. This has been a long-time coming since the Federal Reserve began its investigation into […]