A new trend in mortgage lending
Wells Fargo is once again in the spotlight. The Consumer Financial Protection Bureau is considering fining Wells Fargo hundreds of millions of dollars for its mortgage-lending and auto-insurance abuse. Issues arose when a Wells Fargo mortgage banker alleged that the bank falsified records, so it could blame mortgage-processing holdups on borrowers. Additionally, there were claims and accusations of improper mortgage fees. Wells Fargo announced that it would refund "rate-lock