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Wells Fargo stripped of Better Business Bureau accreditation

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Mortgage Professional America | 19 Oct 2016, 01:13 PM Agree 0
In the latest bad news for the bank, the Better Business Bureau has removed its accreditation – and it will be a number of years before Wells Fargo can hope to get it back
  • realtor | | 19 Oct 2016, 02:27 PM Agree 0
    Why should Wells Fargo "catch a break" after engaging in massive fraud and deceit of its customers?

    If the BBB continued to endorse that institution it would put its own reputation at risk.
  • Anonymous | | 19 Oct 2016, 03:18 PM Agree 0
    Exactly! Why is the standard, "go-to" response of the media to use phrases, such as "catch a break" or other words that imply that this is just bad luck? This was a well organized and well executed plan from the top down to commit egregious fraud on a massive scale. They should be closed down. This is unfathomable, and if literally any other small bank or any of the rest of us committed fraud like this we would be stripped of our licenses, monetarily fined, and sent to prison. Why is this institution treated any differently than the rest of us?
  • Texas Red | | 19 Oct 2016, 05:16 PM Agree 0
    As a real estate agent every contract financed through this company has been a nightmare. finding out the level of fraud is no big surprise. What IS a surprise is where are the indictments?? Were is the Congressional Finance Committee outrage?? Stunning cronyism at work.
  • Joe Wehage | | 19 Oct 2016, 06:43 PM Agree 0
    The CFPB should earmark the $185,000,000 to the customers Wells Fargo defrauded.
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