Home / Tag Archives: Wells Fargo

Tag Archives: Wells Fargo

How Much Have Banks Been Fined Since the Crisis?

According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...

Read More »

Home Affordability: The Tale of Two Coasts

Affordability has less to do with salary and more to do with how in sync salary is with local housing markets. In Q4, affordability turned out to be very much a tale of two coasts.

Read More »

As Stocks Tumble, Lenders Take a Hit

The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point drop in the Dow last Friday. With the Standard & Poor’s index ...

Read More »

Wells Fargo’s Chief Risk Officer Mike Loughlin to Retire

Wells Fargo & Company announced that Senior EVP Mike Loughlin will retire as the company’s Chief Risk Officer. The company expects to name a successor in the next few months and Loughlin will remain in his current role through the ...

Read More »

Less Than 10 Percent of Los Angeles Homes Considered Affordable

A major metropolitan housing market in California is an extreme microcosm of the nation’s trend of rising house prices and their affordability to the population. See what other markets are notable for their lack of affordability.

Read More »

Exploring the State of Property Preservation

Five Star’s Ed Delgado moderated an expert panel at this week’s National Property Preservation Conference, asking industry leaders, “Is this the calm before the storm?”

Read More »

Wells Fargo CEO: I Never Lied to Investors

Wells Fargo CEO Tim Sloan spoke with CNBC’s Wilfred Frost on Wednesday addressing Sen. Elizabeth Warren’s (D-Mass.) comments about his worthiness to be CEO after the accounts scandal—admitting that he believes he is the right person to be CEO of ...

Read More »

Wells Fargo and BofA: Q3 2017 Results Revealed

On Friday, Wells Fargo and Bank of America released Q3 2017 financial results. Wells Fargo’s revenue dropped 2 percent—to $21.9 billion—compared to third quarter 2016. The bank noted that Q3 2017 included a discrete litigation cost of $1 billion for ...

Read More »

GET YOUR DAILY DOSE OF DS NEWS

Featuring daily updates on foreclosure, REO, and the secondary market, DS News has the timely and relevant content you need to stay at the top of your game. Get each day’s most important default servicing news and market information delivered directly to your inbox, complimentary, when you subscribe.