Wells Fargo Accused of Predatory Lending

A federal lawsuit filed Friday in Cook County, Ill. accuses Wells Fargo of disproportionately targeting minorities with high-cost mortgage loans, spurring a foreclosure crisis in the area. Collection & Credit Risk

By |2014-12-07T12:14:48-06:00December 7th, 2014|FCRA|Comments Off on Wells Fargo Accused of Predatory Lending

Wells Fargo Reportedly Selling $1.3B in Bad Debt

Wells Fargo & Co. is marketing two pools of troubled mortgage debt estimated at $ 1.3 billion, including mostly reperforming loans as well as nonperforming loans, according to two people with knowledge of the offering. Collections - Other Consumer

By |2014-08-13T19:17:27-05:00August 13th, 2014|FCRA|Comments Off on Wells Fargo Reportedly Selling $1.3B in Bad Debt

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