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Wells Fargo continues accelerated use of Obama's Home Affordable Modification...
Wells Fargo & Company said that it has done 93,533 trial and completed Home Affordable Modifications through Oct. 31, continuing the strong pace of activity reflected in what the U.S. Treasury...
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Wells Fargo expands its use of HAMP in reducing foreclosures
Wells Fargo & Company has said that it continues to expand its use of the federal Home Affordable Modification Program (HAMP) and its other modification programs to reduce the number of foreclosed...
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Wells Fargo reports nearly 500,000 customers provided with loan mods in 2009
Wells Fargo & Company said it continues to use the federal Home Affordable Modification Program (HAMP) and other modification programs to prevent foreclosures in communities across the country....
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Wells Fargo surpasses 500,000 loan mod mark
Wells Fargo & Company is reporting that as of Feb. 28, the company had 505,832 active trial and completed modifications through its own modification programs and the federal Home Affordable...
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Wells Fargo to begin using First American CoreLogic's fraud detection tool
First American CoreLogic, a member of The First American Corporation family of companies, has announced that Wells Fargo, one of the industry’s top mortgage originators, is implementing First American...
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Wells Fargo reports 523,336 active trial and completed mods through March
Wells Fargo & Company has reported that it had 523,336 active trial and completed modifications as of March 31 through its own modification programs and the federal Home Affordable Modification...
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Obama Administration details panelists and sessions for next week's...
The Obama Administration has announced additional details about its Aug. 17 Conference on the Future of Housing Finance, including a list of panelists and the conference agenda. This event will provide...
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Wells Fargo Co-President Mike Heid Testifies in D.C. on the Future of Housing
Mike Heid, co-president of Wells Fargo Home Mortgage, has testified before the House Financial Services Committee on “The Future of Housing Finance—A Review of Proposals to Address Market Structure and...
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Wells Fargo to Begin Offering Pick-A-Pay Relief
Wells Fargo has announced that beginning Dec. 18, 2010, through June 30, 2013, at-risk Wachovia Pick-a-Payment customers may be eligible to earn principal forgiveness by making on-time mortgage...
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Wells Fargo Comments on Foreclosure Affidavits and Mortgage Securitizations
Wells Fargo & Company is continuing its ongoing efforts to monitor and assess its foreclosure affidavit procedures. “We understand the concern over foreclosure procedures on the part of homeowners...
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Wells Fargo to Cease Funding Mortgages Originated by Independent Brokers
Wells Fargo has announced that on July 13, it will discontinue funding mortgages that are originated, priced and sold by independent mortgage brokers through its wholesale channel. Mortgages sold by...
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DOJ Reaches $125 Million Settlement With Wells Fargo on Lending...
The U.S. Department of Justice (DOJ) has filed the second largest fair lending settlement in the Department’s history to resolve allegations that Wells Fargo Bank engaged in a pattern or practice of...
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