Tag: Wells Fargo Bank
Wells Fargo Pulls The Plug On Mortgage Lending
Wells Fargo Pulls The Plug On Mortgage Lending. The Bank Blames The Economy For The Move There is no other way to put it, Wells Fargo plans to severely shrink its vast mortgage empire. Employees say Wells Fargo plans to exit the mortgage entirely. The bank once churned out one of every three home loans…
Another Wells Fargo Criminal Investigation Begins
Federal Prosecutors In Manhattan Launch Another Wells Fargo Criminal Investigation Over Its Sham Hiring Practices Federal prosecutors in Manhattan have launched another Wells Fargo criminal investigation. Investigators say they are investigating bank managers who conducted sham interviews with minority and female candidates. Bank managers allegedly interviewed minority candidates for roles that were already filled. The…