Tag Archives: bank

JP Morgan Chase in a lawsuit – oops

JPMorgan Chase will have to face a lawsuit that accuses it of the retaliatory firing of a whistleblower, according to a Reuters report. A federal appeals court revived the lawsuit in a ruling today, according to Reuters. The lawsuit alleges … Continue reading

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U.S. mortgage investigation

Deutsche Bank AG’s shares and its riskiest bonds dropped the most since the Brexit vote after the lender said the U.S. Justice Department is seeking $14 billion to settle a probe tied to mortgage-backed securities, more money than the bank … Continue reading

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Deutsche Bank’s fine might be higher than Goldman Sachs Group Inc.’s penalty of $2.38 billion

Deutsche Bank AG is nearing an agreement with the U.S. Department of Justice to settle a long-running investigation into the sale of residential mortgage-backed securities, Manager Magazin reported. U.S. authorities will send a 100-page statement of facts to Germany’s largest … Continue reading

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Ask Robert J Russell – Annuities

Question: Does Wells Fargo have Annuities? Answer: Wells Fargo bank refers their business in annuities to many Life Insurance companies and agencies. So you are not directly purchasing an annuity insurance contract from them directly. Just like their insurance companies … Continue reading

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In our economy today, there are all sorts of methods to buy and sell houses. With foreclosure rates going up to historical highs, many homeowners have turned to short sales to get rid of houses they can no longer afford … Continue reading

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Oops to Wells Fargo….

NEW YORK, Nov 5 (Reuters) – Wells Fargo & Co said on Wednesday it is in discussions with the U.S. government to resolve a lawsuit accusing the nation’s largest mortgage lender of cheating taxpayers by submitting ineligible home loans to … Continue reading

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Insurance Premiums on the Rise

Why Your Insurance Premiums Just Went Up (and What to Do About It) by Rich Smith Have you noticed that your insurance premiums are going up lately? Going up a lot? You’re not alone. According to a new report out … Continue reading

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