Wells Fargo To Pay $175 Million In Lending Dispute (WFC)



7-12-2012- Wells Fargo & Co. (NYSE:WFC) will have to pay $175 million over discriminating African Americans and Hispanics in its mortgage lending. There were allegations that Wells Fargo charged higher rates on mortgages for qualified African Americans and Hispanics from 2004 to 2009. When Wells Fargo violated fair lending laws, it is estimated that over 34,000 African Americans and Hispanics were paying higher rates based on the color of their skin. Wells Fargo stock is currently trading down 0.83% today at $32.99 per share. The stock is still above its 50-day moving average of $32.31 and its 200-day moving average of $29.78.

What to Watch: December 18, 2012 What to Watch: December 18, 2012..

From Fnno.com, this is the Financial News Network. Here's a few things to w...
EP07-1027 & EP07-243 EP07-1027 & EP07-243..

Lotem przez stację
T-Mobile Sells 7,200 Towers for $2.4B to Help Its Parent Co. Deutsche Telekom T-Mobile Sells 7,200 Towers for $2...

The 4th largest wireless provider in the country T-Mobile USA is selling th...
Ninetendo Launches Wii U Ninetendo Launches Wii U..

Nintendo (PINK:NTDOY) is being watched this morning due to the launch of it...
Pulte Homes Prints Mixed Results, 'More Confident' Moving Forward Pulte Homes Prints Mixed Results, '..

7-26-12-Pulte Homes (NYSE:PHM) reporting mixed earnings for the second quar...
Microsoft Announces X-Box Music Microsoft Announces X-Box Music..

Microsoft's (NYSE:MSFT) is getting rid of its Zune music service for someth...
Film Director Tony Scott Jumps To His Death In Apparent Suicide Film Director Tony Scott Jumps To H..

Tony Scott, Hollywood director and brother to director Ridley Scott, died o...
A Spare to Share A Spare to Share..

When her mother received a kidney transplant, Glenda Corwin, VP of Sales at...
Broshuis sliding system, self shortening blade trailer! Broshuis sliding system, self short..

Decreasing trailerlength with Broshuis special blade trailer on gravel, usi...
Praise in Spite of a Perfect Storm Praise in Spite of a Perfect Storm..

Gary Solomon, WW Account Manager in Florida, is also a professor. Listen to...
KB Homes Lowers Its Quarterly Dividend KB Homes Lowers Its Quarterly Divid..

KB Homes (NYSE:KBH) cut its quarterly dividend to $0.025 per share from $0....
United Airlines Boeing 757-222 [N596UA] Takeoff San Diego United Airlines Boeing 757-222 [N59..

UA Boeing 757-200 Taking Off at the San Diego International Airport heading...
Combilift Container Lifter Combilift Container Lifter..

Video of the Combilift containerlifter. The Combilift containerlifter is ab...
Walgreen Says March SSS Fall 4.3% YoY Walgreen Says March SSS Fall 4.3% Y..

Walgreen (NYSE:WAG) reported March same-store sales fell 4.3% year-over-yea...

Powered By PeaceNic Names Registry System

Copyright © 2012 ASLCCF.com

-----------------------------------------------------------------------------------------

INBOX.PK    IUNN.ORG  IPNN.ORG  UrduNewsRoom.com   ALQAIM.TV   PEACEDIGITAL.TV   PeaceWorldNews.com