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The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent or knowledge due to aggressive internal sales goals at Wells Fargo. News of the fraud became widely known in late 2016 after various regulatory bodies, including the Consumer ...
C. Allen Parker (born February 17, 1955) is an American business executive and attorney. [1] [2] He was the senior executive vice president and general counsel of Wells Fargo, and also served as its interim CEO and president. [3] Prior to joining Wells Fargo, Parker was a partner at New York law firm Cravath, Swaine & Moore LLP, and served as ...
Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...
CoreLogic, Inc. is an Irvine, CA based leading information services provider of financial, property, and consumer information, analytics, and business intelligence. The company analyzes information assets and data to provide clients with analytics and customized data services. The company also develops proprietary research, and tracks current ...
The real estate escrow, also known as a pre-sale escrow, is designed to protect the buyer and the seller if the purchase falls through. Sellers can request earnest money as a show of good faith ...
Number of employees. Approximately 3,400. Website. websterbank .com. Webster footprint. Webster Bank is an American commercial bank based in Stamford, Connecticut. It has 177 branches and 316 ATMs located in Connecticut; Massachusetts; Rhode Island; New Jersey; Westchester County, New York; and New York City. [2]
Wells Fargo. Divisions. Private Client Group (PCG), Wealth Brokerage Services (WBS) – (Bank Brokerage), FiNet, RIA Custody. Website. www.wellsfargoadvisors.com. Wells Fargo Advisors is a subsidiary of Wells Fargo, located in St Louis, Missouri. It is the third largest brokerage firm in the United States as of June 30, 2021 with $1.9 trillion ...
E-LOAN, Inc. E-Loan, Inc. is a financial services company that offers its users access to partners that may be able to assist them in obtaining loans. E-Loan was a pioneer in the online lending industry in the late 1990s and early 2000s. As of 1999, it was the number one site for online lending, with Quicken Loan's later online offering playing ...