Wells Fargo is notifying certain of its home mortgage customers and prospective customers that a computer carrying their information has gone missing, and it is encouraging them to take precautionary steps.An unnamed global express shipping company was transporting the computer between unidentified Wells Fargo facilities when it disappeared. "There is no indication that the information on the computer equipment has been accessed or misused," Wells said. "The computer has two layers of security, making it difficult to access the information. Nevertheless, individuals whose information was stored on the equipment are being notified by mail." Law enforcement originally asked Wells Fargo to delay notification, indicating that it would hurt their investigation. They have since informed the company that this is no longer a concern and indicated they believe that, if theft was involved, it was for hardware rather than information. The company said the equipment "contained confidential information including names, addresses, Social Security numbers, and mortgage loan account numbers." Wells can be found on the Web at http://www.wellsfargo.com.
-
The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
1h ago -
The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
1h ago -
While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
4h ago -
Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
9h ago -
Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
9h ago -
Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
June 29







