Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities

Wells Fargo Settles $1.4 Billion Lawsuit Regarding Auction-Rate Securities

Wells Fargo agreed to pay $1.4 billion to investors to settle a lawsuit by California Attorney General Jerry Brown that claims that the bank lied about the strength of its auction-rate securities.

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Government: Mortgage Assistance Program Helping 1 in 5 Homeowners

Government: Mortgage Assistance Program Helping 1 in 5 Homeowners

The Obama administration says 20% or one in every five troubled homeowners is being helped by the government's mortgage modification program.  

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Banks Expand Their Mobile Offering Through Unique iPhone Applications

Banks Expand Their Mobile Offering Through Unique iPhone Applications

Though a young market, the rapid growth occurring within the mobile app world is nothing short of amazing. The smart phone market share has already grown to as high as 19% within the US

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Top Banks to Opt Out of FDIC Extended Insurance

Top Banks to Opt Out of FDIC Extended Insurance

In a move primarily made to project financial stability to bank clients, the nation's top four banks have announced in separate statements that they have decided not to renew their participation in the FDIC's Transaction Account Guarantee (TAG) Program.

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States Hit By Foreclosures Could Sue Banks for Consumer Fraud

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.  

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Wells Fargo and Wachovia Offer Mortgage Assistance to Troubled Homeowners

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.

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Wells Fargo Releases Information on the New (Wachovia) Way2Save

Wells Fargo Releases Information on the New (Wachovia) Way2Save

This week Wells Fargo announced on their blog the introduction of the new Way2Save program.

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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.

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Major Banks Declare positions ahead of New Credit Card Laws

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.

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Wells Fargo gets “Exceptional” with Mobile Banking Services

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.

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