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Stock Market & Financial Investment News

News Breaks
November 13, 2012
10:33 EDTWFCWells Fargo reports 812,019 active trial, completed modifications through Sept.
Wells Fargo reported that as of September 30, the company had in place 812,019 active trial or completed mortgage modifications initiated since the beginning of 2009. Of those, 683,357 modifications—or approximately 84%—were done through proprietary programs and 128,662 were done through the federal government’s Home Affordable Modification Program. Fewer than 2% of the loans secured by owner-occupied properties in Wells Fargo’s mortgage servicing portfolio have resulted in a foreclosure sale over the past 12 months and nearly 93% of Wells Fargo’s home loan customers remained current on their mortgage payments in Q3.
News For WFC From The Last 14 Days
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July 1, 2015
10:38 EDTWFCWells Fargo July volatility flat into Q2 and outlook
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07:57 EDTWFCU.S. banks not facing significant direct losses on Greek default, WSJ says
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June 25, 2015
07:13 EDTWFCFed director says full transparency in stress testing can be 'enormous weakness'
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June 23, 2015
13:02 EDTWFCSumitomo, others show interest in GE railway-leasing business, WSJ says
Japan's Sumitomo Mitsui Financial Group is interested in buying General Electric's (GE) railway-leasing business, says the Wall Street Journal, citing sources. Wells Fargo (WFC) and other U.S. financial institutions have also shown interest in GE Capital Rail Services, which may be worth around $4B, added the Wall Street Journal, citing people familiar with the matter. Reference Link
June 18, 2015
15:46 EDTWFCWells Fargo names Hope Hardison as Chief Administrative Officer
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