Wells Fargo WFC.N sued JPMorgan Chase JPM.N on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently inflated ...

The defendants also include Meyer Chetrit, a Chetrit Group principal who provided a loan guaranty. JPMorgan and the Chetrit Group had no immediate comment. Wells Fargo wants New York-based ...

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Wells Fargo, the investors’ trustee for the single-borrower JPMCC 2019-MFP CMBS deal, claims in the lawsuit that Chetrit “massively overstated” historical net operating income (NOI) figures for the ...

Wells Fargo is suing JPMorgan Chase over investor losses related to an allegedly inflated metric used for a $481M loan in 2019. Wells Fargo claims JPMorgan and Chetrit Group knew the historical ...

Wells Fargo (NMLS #399801), one of the biggest financial services companies in the country, provides home purchase and refinance loans in all 50 states. You can check rates online and then apply ...

Wells Fargo & Company WFC has filed a lawsuit against JPMorgan Chase JPM to recover investor losses stemming from a troubled $481-million commercial real estate loan that was based on a ...

and auto loans. The bank also has a robo-advisor platform called Intuitive Investor. Wells Fargo bank account deposits are FDIC insured up to $250,000, or $500,000 for joint accounts. This means ...