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Another week, another reason for Wells Fargo execs to reach for the antacid. In the latest in a series of scandals for the embattled bank, an internal investigation found that some Wells Fargo employees were altering documents about business customers – raising concerns about the effectiveness of the banks’ internal checks. The alterations took place in 2017 and early 2018, according to CNN Money. It was brought to light when multiple Wells Fargo employees alerted […]

by Francis Monfort22 May 2018 A $57 billion increases in mortgage balances drove the first-quarter increases in total household debt, according to the Quarterly Report on Household Debt and Credit released by the Federal Reserve Bank of New York. Household debt totaled $13.21 trillion in the first quarter, an increase of $63 billion, or 0.5%, from the previous quarter. The quarter is the 15th consecutive quarter with an increase. Meanwhile, mortgage debt totaled $8.94 trillion