Posts Tagged ‘john stumpf’

Wells Fargo’s Tolstedt Did Exactly What She Was Supposed to Do

Wells Fargo's Tolstedt Did Exactly What She Was Supposed to Do

See, I thought that working at a bank like Wells Fargo would mean having to persuade customers to open new accounts. So, obviously I'm no Carrie Tolstedt.... (Continue reading)

Federal Judge Magner: Wells Fargo’s Behavior “Highly Reprehensible”

Federal Judge Magner: Wells Fargo's Behavior

I can tell you that I receive more complaints about Wells Fargo refusing to approve loan modifications than any three other mortgage servicers combined. But then, Wells did modify one of the homeowners I wrote about a few months... (Continue reading)

Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

Insider Says Wells Fargo’s Independent Foreclosure Review for OCC is “a Sham”

What follows is a podcast featuring the "whistle blower"... the anonymous independent file reviewer working for Promontory on the Wells Fargo Bank account that reached out to us because he was fed up. I verified his identity and spoke... (Continue reading)

Wells Fargo Bank and Patricia Martin Part 2 – A Bank that Cannot Be Trusted

Wells Fargo Bank and Patricia Martin Part 2 – A Bank that Cannot Be Trusted

The bottom-line is, as anyone should be able to clearly see... Patricia Martin should NOT have lost her home and Wells Fargo SHOULD help her get it back with a modified payment so she can continue to live in the... (Continue reading)

URGENT DOER ALERT – Wells Fargo You’ve deceived, confused and beaten another senior into submission

URGENT DOER ALERT - Wells Fargo You’ve deceived, confused and beaten another senior into submission

Wells Fargo... let me be clear about this because time is short. Particia Martin is scheduled for UD Court tomorrow. So, you have some law firm, some unsuspecting foreclosure mill, no doubt... and you should call and cancel... (Continue reading)

Thank You Wells Fargo… Signed the DOERS of Mandelman & Field

Thank You Wells Fargo... Signed the DOERS of Mandelman & Field

Ooops, you did it again! Yes, it's true... Wells Fargo contacted Tom and Jeneane up in Granite Bay, California mid-day today to let them know that their SALE DATE of February 3, 2012 HAS BEEN POSTPONED. ... (Continue reading)

DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable

DOER ALERT: Wells Fargo this is Unnecessary, Unreasonable and Unthinkable

Because I just can't believe that anyone would intentionally do this to the parents of an autistic 12 year-old girl... invite them to apply for a loan modification, and then after six months, leave them over a weekend with the... (Continue reading)

What Shall We Tell Our Children, Mr. President?

What Shall We Tell Our Children, Mr. President?

What shall we tell the children, Mr. President? How can we tell them the truth? How can we tell them we've lost faith in America... that our government has abandoned us... that we no longer feel like a... (Continue reading)

What Obama Should Have Done – Ezra Klein, Part 2

What Obama Should Have Done – Ezra Klein, Part 2

I mean, here we had our "smart" president, and the first thing he does upon taking the reins of a nation in real economic peril, is throw together a spending bill whose numbers were pulled directly from the hindquarters of... (Continue reading)

T’was the Night Before Christmas… 2010

T’was the Night Before Christmas… 2010

I write this political year-in-review holiday poem every year. I love doing it, and I hope you'll enjoy reading it and will send it to others of like mind as well. Happy Holidays!... (Continue reading)

Report Shows Treasury Disagrees With Loan Mod Decisions at Chase, Wells & BofA – Requires Servicers to Make Changes Going Forward

Report Shows Treasury Disagrees With Loan Mod Decisions at Chase, Wells & BofA – Requires Servicers to Make Changes Going Forward

Well, in the August HAMP Report, which is published monthly by Treasury, is a chart that shows that Treasury has disagreed with a higher than average number of the decisions being made by CHASE, Wells Fargo and Bank of America.... (Continue reading)

PROFILES IN BANKING: If Your Mortgage is With Wells Fargo, Watch Out … No Delays Ahead!

PROFILES IN BANKING: If Your Mortgage is With Wells Fargo, Watch Out … No Delays Ahead!

I don't know Wells Fargo... you do whatever you want, but it looks to me like you're losing friends in Congress and even in the White House. As are your pals, by the way. You can just go... (Continue reading)

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President Obama… Thank You. Elizabeth Warren… Will You Marry Me?

President Obama... Thank You.  Elizabeth Warren... Will You Marry Me?

But that was before I knew Elizabeth Warren as the TARP chief... the Harvard professor... the advocate for the middle class... the woman who was the only person in Washington D.C. who could stare down Treasury Secretary Tim "Transparency" Geithner... (Continue reading)

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

House Hearings to Answer Question: Are Loan Servicers Honoring Their Commitments to Help Preserve Homeownership?

Everything's going just fine. There are no real problems with HAMP or with the servicers who are implementing HAMP. Oh sure, there have been a few challenges, but most of them have been caused by the borrowers who... (Continue reading)

Arizona Loan Modification – Couple Says Wells Fargo is the Scammer

Arizona Loan Modification - Couple Says Wells Fargo is the Scammer

Given thirty days homeowners might have a shot at bringing everything current and we'll avoid a foreclosure or two. I don't care which side of this foreclosure crisis you're on, whether you blame the borrowers or the banks, you... (Continue reading)

T’was the Night Before Christmas-2009

T'was the Night Before Christmas-2009

Each year, right about this time, I write a political year-in-review, which is read to T'was the Night Before Christmas. Hope you enjoy it and that you have a fabulous season.... (Continue reading)