Wells Fargo will begin charging $7 a month for Essential Checking accounts beginning Aug. 7, unless customers maintain a daily minimum of $1,500. The service fee can also be waived with direct deposits of at least ...

Only 27 states out of 49 that received a total of $2.5 billion from the mortgage settlement with the top U.S. lenders have actually used the money to assist homeowners or hard hit communities affected by the foreclosure ...

A Kansas couple has filed a class-action suit against Wells Fargo, accusing the nation’s largest mortgage lender of providing only “illusory trial loan modification programs” to borrowers facing foreclosure ...

Wells Fargo, the nation’s top mortgage lender, said Justice Department prosecutors are seeking “monetary damages and civil penalties” over possible violations of fair lending, or anti-discrimination, laws. The ...

The average annual percentage rate (APR) on new credit card offers remained unchanged at 14.91 percent this week, marking the ninth week of 17 this year that rates have not moved, according to creditcards.com The ...

The Federal Reserve has assembled a panel of economists to evaluate the “stress test” models that determine how the largest U.S. banks fare during an economic crisis. The Model Validation Council will provide ...

After a three-year lull, there has been resurgence in short sales – when properties are sold at a loss – indicating that banks are trying to push through inventories of pre-foreclosure properties. There was ...

Mortgage banking and reduced reserves for credit losses helped Wells Fargo, the largest U.S. home loan originator, register higher first quarter profit. San Francisco-based Wells Fargo, the nation’s fourth-largest ...

A fed up federal bankruptcy judge in Louisiana has ordered Wells Fargo to pay $3.1 million to a New Orleans man after showing “reckless disregard” and “egregious” behavior in the handling of a single mortgage ...

A federal judge’s approval this week of the $25 billion mortgage settlement between the top banks and government officials has given the green light for Joseph Smith to officially begin the work of getting foreclosure ...