1-10 of 126,441 results for Mevorah v. Wells Fargo Home Mortgage, Inc.
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  • September 15, 2009

    Wells Fargo urges US to boost mortgage market

    ...Fannie Mae and Freddie Mac to buy large home loans from banks, the chief executive of the lender Wells Fargo urged on Tuesday. In an interview with...made in 2007, according to Inside Mortgage Finance – as mortgage companies tightened...banks’ balance sheet capacity. The Mortgage Bankers Association is lobbying to...cost areas. San Francisco-based Wells has made about $500bn in loans to consumers...
  • September 16, 2009

    Wells Fargo home loan demand

    ...Fannie Mae and Freddie Mac to buy large home loans from banks, the chief executive of the lender Wells Fargo urged yesterday. In an interview with...made in 2007, according to Inside Mortgage Finance - as mortgage companies tightened standards and investors...drop in financing has pushed jumbo mortgage rates as much as 2 per cent higher...
  • October 15, 2008

    Wells Fargo earnings beat expectations

    Wells Fargo on Wednesday revealed stronger-than...and deposits through the credit crunch. Wells, which expects to close on a $12bn acquisition...cents analysts had been expecting even as Wells incurred $646m of previously announced...
  • October 15, 2008

    Wells Fargo earnings boosted by depositors

    ...move away from struggling rivals helped Wells Fargo deliver better than expected third...on Wednesday. Earnings per share at Wells, which expects to close on a $14bn...continued weakness in housing prices. Wells Fargo was among nine banks that on Tuesday agreed...
  • July 16, 2008

    Wells Fargo cheer lifts banks

    ...75bn, or 53 cents a share, as Wells Fargo suffered higher costs from loan losses...highest in more than 10 years. But Wells Fargo benefited from higher lending margins...market, in particular losses on its home equity portfolio, but it avoided some of...cent to $588m, the company said. Mortgage banking revenue jumped 74 per cent to...financiers Fannie Mae and Freddie Mac. Wells on Wednesday boosted its dividend by...
  • April 9, 2009

    Wells Fargo to report record profits

    ...due to strong performance in its mortgage banking business and a smoother...it acquired last year. Shares of Wells Fargo surged by 31.70 per cent to close...group,” John Stumpf, Wells Fargo’s chief executive, said in a statement. Wells said it expected $20bn of revenue...The lender said it saw $100bn in mortgage originations and a 41 per cent rise...activities, and exceptionally strong mortgage banking results,” said Howard Atkins, Wells Fargo’s chief financial officer. At...
  • August 24, 2008

    Wells Fargo cracks the whip

    ...As one of the country’s top two mortgage originators and distributors, Wells knew that steering clear of subprime...pressure on us. We were the number one mortgage originator and we had to give up market...his occasional bridge opponent and Wells’ largest shareholder – the 54-year...losses and has a sizeable portfolio of home equity loans that could continue...bank merged with the struggling Wells Fargo a decade ago. Mr Stumpf, a down...
  • January 16, 2008

    JPMorgan and Wells Fargo hit by loans

    ...as both JPMorgan Chase and Wells Fargo reported that fourth-quarter...on credit card, auto and home equity loans. JPMorgan once...huge writedowns on subprime mortgage-related securities that have...net of hedges, on subprime mortgage-related holdings. That figure...in the south. Meanwhile, Wells Fargo reported its lowest quarterly...
  • October 10, 2008

    Wells Fargo clinches strategic victory

    ...Throughout the fraught negotiations with Wells, under the watchful eye of the Federal...knew the pitfalls of Wachovia’s mortgage portfolio in all its gory details...compared the way it assessed troubled mortgage-backed securities on its own books...according to people close to the situation. Wells Fargo has expressed confidence that its...
  • October 22, 2009

    Merger savings whip up Wells' profits

    Wells Fargo, the fourth-largest US...cent to 56 cents. Shares in Wells dropped by 5 per cent in spite...6bn hedge gain on Wells' mortgage servicing portfolio, and...efforts to modify the terms of home loans and refinance struggling...borrowers with new mortgages. Wells' strong third-quarter results...benefited from record low mortgage rates that allowed it to earn...
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