Tag Archives: Wells Fargo

Democratic Lawmakers Seek Antitrust Probe of Bank of America’s Debit Card Fees

Democratic lawmakers have asked the Justice Department to investigate whether Bank of America and other major banks improperly worked together to charge customers new monthly fees for using their debit cards. Rep. Peter Welch, D-Vt., and four other Democrats said recently … Continue reading

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Wells Fargo Hit With Flood Insurance Class Action

A federal class action lawsuit claims Wells Fargo Bank (WFC) forces borrowers to buy flood insurance on their homes in order to pocket commissions.  According to a class action lawsuit recently filed, the banking giant is accused of unfairly and unlawfully forcing Plaintiff … Continue reading

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Class Action Lawsuit Filed Against Wells Fargo and Fannie Mae Over Reverse Mortgages

When an older couple takes out a reverse mortgage on a property and the individual holding the mortgage dies, the surviving spouse has the option of purchasing the property at the current market value.  It is this caveat in reverse … Continue reading

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