States Hit By Foreclosures Could Sue Banks for Consumer Fraud
Banks who refuse to modify bad loans or stop the avalanche or foreclosures that have swept the US in the last few months may have something more substantial than federal regulators to worry about.
Wells Fargo and Wachovia Offer Mortgage Assistance to Troubled Homeowners
Wells Fargo and Wachovia have agreed to put a hold on about a thousand foreclosures after a group of Atlanta residents marched in protest of the growing number of foreclosures in that area.
Wells Fargo Releases Information on the New (Wachovia) Way2Save
This week Wells Fargo announced on their blog the introduction of the new Way2Save program.
Win Up to $60,000 With Wells Fargo Mortgage Sweepstakes
If you’re a Wells Fargo Home Mortgage customer, you now have the opportunity to win up to $60,000 towards your principal and interest mortgage payments.
Major Banks Declare positions ahead of New Credit Card Laws
Bank of America and Wells Fargo in separate and very different announcements declared their position on credit card rates ahead of the new Credit Card Law.
Wells Fargo gets “Exceptional” with Mobile Banking Services
In a study conducted by ABI Research of 29 banks offering mobile banking services to their customers, Wells Fargo & Company got an “A” or “Exceptional” grade for their services.
Wells Fargo Jumps on the Overdraft Elimination Bandwagon
Not to be outdone by its competitors, Bank of America and Chase, who amended their overdraft policies Tuesday, Wells Fargo announced today that it too, will make changes to the unpopular service.
Get $50 Checking Bonus from Wells Fargo
Open a new Wells Fargo checking account by August 15, 2009 (Tomorrow!!) and get a $50 bonus. You can also choose from a variety of products and services customized just for you to get waived fees, exclusive discounts, and bonus interest rates.
Banks Not Giving Enough Mortgage Help To Troubled Homeowners
The US Treasury recently released its first data report showing how loan service providers have been helping beleaguered homeowners – and the numbers don't add up too well.
Results of the Stress Test Leaks Out
The announcement of the result of the bank stress test has been delayed. Originally set to be released on May 4, the results will now be released on May 7th 5PM. The market is rife with speculations and rumors about which banks passed the test and which banks “failed” it. Among the banks that reportedly need more capital include Citigroup (C), Bank of America (BAC), Wells Fargo (WFC), Regions Financial (RF), and SunTrust (ST). These leaks are not really surprising since it is difficult to test 19 of the nation’s biggest bank and keep the results secret.
