Settlement Agreement Wells Fargo has reached an agreement to pay $185 million to resolve a proposed class action lawsuit that accused the bank of placing customers' mortgages into forbearance without their consent during the initial phase of the COVID-19 pandemic. The court granted preliminary appr...
WELLS FARGO TERMINATES EMPLOYEES OVER POTENTIAL COVID-19 RELIEF FRAUD The company noted the 5% decline in revenue was due in part to an 8% decline in its Consumer and Small Business Banking unit, as well as a 7% decline in its Credit Card unit, both impacted by the COVID-19 pandemic. ...
Move by nation's No. 1 small business lender to cap total loans at $10 billion could hamper new federal relief program.
Tag:Wells Fargo Biden Wants Companies to Disclose Climate Risks, Pilot Program Unreliable May 20, 2024Admin Six major American financial institutions struggled to accurately assess the extent of their exposure to climate change and related risks, according to the Federal Reserve. ...
Small businesses, especially minority-owned establishments, have been disproportionately affected by COVID-19. While the pandemic continues to impact all of our lives, it’s also critical that business and life move forward so businesses and communities can survive. This i...
Who stands to benefit the most from Biden’s COVID relief bill? Unlike the first two payments, which were limited to children under 17, this round of checks will also go to all qualifying dependents, including college students, adults with disabilities, parents and grandparents. ...
Federal relief for struggling homeowners Under the Homeowner Assistance Fund (HAF) - part of the American Rescue Plan Act of 2021 - the U.S. Department of the Treasury is distributing more than $9.9 billion to eligible states, territories, and Tribes. Depending on availability and usage of fun...
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Who stands to benefit the most from Biden’s COVID relief bill? Unlike the first two payments, which were limited to children under 17, this round of checks will also go to all qualifying dependents, including college students, adults with disabilities, parents and grandparents. ...
Wells Fargo alleges that the talk show host is the victim of 'financial exploitation' while Williams says she is 'of sound mind.'