Wells Fargo is cutting back on its once-mammoth mortgage-lending business as it weathers a downtown in the US housing market and sustained scrutiny from federal regulators. The San Francisco-based ...

Wells Fargo said Tuesday that it will make huge cuts to its mortgage business. The bank is one of the largest home lenders in the country. File photo Wells Fargo is one of the largest mortgage lenders ...

NEW YORK -- Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in a wide-ranging scandal at the banking giant.

Two years ago, the mortgage business was booming, and that was good news for banks like Wells Fargo. Interest rates hovered near zero and home loans were a bargain. Many consumers bought new property, ...

Wells Fargo is being accused of racial discrimination yet again, this time concerning an industrywide probe into its use of loan discounts Wells Fargo is being accused of racial discrimination yet ...

Wells Fargo saw the end of another one of its federal agency consent orders tied to prior problems, the bank announced Tuesday morning. In 2022, the Consumer Financial Protection Bureau ordered the ...

Wells Fargo's plan to make big reductions in its mortgage business could mean more jobs losses at the company’s offices in the Des Moines metro, where the region's largest private employer already has ...

The lender has rolled out enhanced benefits for premier customers. It’s also added talent and sharpened its management focus ...

Wells Fargo & Co WFC shares are inching higher in Tuesday's after-hours session after the company announced strategic plans to create a more focused home lending business. What To Know: Well Fargo ...

Wells Fargo & Company today announced that Saul Van Beurden, currently CEO of Consumer and Small Business Banking, will lead ...

Wells Fargo & Co. CFO Howard Atkins said during Tuesday’s quarterly earnings briefing that “the big news is that we’ve done it again.” The San Francisco-based banking giant achieved double-digit ...

Wells Fargo is one of the largest mortgage lenders in the country — but perhaps not for much longer. On Tuesday, the bank announced it will step back from the home lending business, a move that could ...