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  2. Washington Mutual - Wikipedia

    en.wikipedia.org/wiki/Washington_Mutual

    It held as assets of $118.9 billion in single-family loans, of which $52.9 billion were "option adjustable rate mortgages" (option ARMs), with $16 billion in subprime mortgage loans, and $53.4 billion of Home Equity lines of Credit (HELOCs) and credit cards receivables of $10.6 billion.

  3. History of Wells Fargo - Wikipedia

    en.wikipedia.org/wiki/History_of_Wells_Fargo

    In May 2007, Wells Fargo acquired Greater Bay Bancorp, which had $7.4 billion in assets, in a $1.5 billion transaction. [4] [5] In June 2007, Wells Fargo acquired CIT's construction unit. [6] In January 2008, Wells Fargo acquired United Bancorporation of Wyoming. [7] In August 2008, Wells Fargo acquired Century Bancshares of Texas. [8]

  4. Wells Fargo cross-selling scandal - Wikipedia

    en.wikipedia.org/wiki/Wells_Fargo_cross-selling...

    Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]

  5. List of bank mergers in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_bank_mergers_in...

    Wells Fargo Corp. Crocker National Bank: Wells Fargo Corp. (combined California bank uses Crocker's charter) Wells Fargo: 1987 Chemical Bank New York Trust Co. Texas Commerce Bank: Chemical Banking Corporation (TX banks continued to operate as Texas Commerce) $1.2 billion JPMorgan Chase: 1987 NBD Bancorp: USAmeribancs: NBD Bancorp: $250 million ...

  6. A. G. Edwards - Wikipedia

    en.wikipedia.org/wiki/A._G._Edwards

    The crash of subprime mortgages, which made up most of World Savings' nearly $200 billion mortgage portfolio, put significant strain on Wachovia and eventually caused its collapse. On July 1, 2009, Wachovia Securities was renamed Wells Fargo Advisors and Wells Fargo Investments, which included the former A.G. Edwards business lines.

  7. Best construction loan lenders in 2024 - AOL

    www.aol.com/finance/best-construction-loan...

    5% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans. 4.8. Wells Fargo. 620 for conventional loans ... Construction loan interest rates are generally higher than the mortgage ...

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