Tag Archives: Wells Fargo

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.

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 ...

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 ...

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.

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?”

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 ...

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 ...

On Wednesday Congresswoman Maxine Waters (D-California) issued a warning to big banks in the form of a new bill that if made into law would allow regulators to break up mega banks that have a record of repeated customer complaints.

After intense questioning of its CEO Tuesday at a Senate hearing, Wednesday Wells Fargo announced that it will be reaching out to certain home lending customers for a refund of fees.

Tuesday morning, Wells Fargo President and CEO Tim Sloan was in the hot seat at the U.S. Senate Committee on Banking, Housing, and Urban Affairs full committee hearing titled “Wells Fargo: One Year Later.” Despite calls for his stepping down, Sloan still has Berkshire Hathaway’s Warren Buffett in his corner.