Tag: WellsFargo
-
Wells Fargo and Justice Department Reach $2.09 Billion Settlement
It was announced this week that Wells Fargo and the U.S. Department of Justice have reached a settlement requiring the bank to pay a $2.09 billion fine for issuing mortgage loans containing incorrect income information prior to the financial crisis a decade ago.
-
Rising Lumber Prices, Falling Homebuilder Sentiment in June
The National Association of Home Builders (NAHB)’s newly released NAHB/Wells Fargo Housing Market Index (HMI) for June 2018 shows a 2-point drop to 68 in homebuilder sentiment due to rising lumber prices—one of the factors affecting affordability of single-family housing construction.