Read the article:
It looks like Wells Fargo is among the banks that will be required to raise capital.
It is my understanding that Wells Fargo requires a non-refundable fee in order to re-finance your house. To the best of my knowledge, you have to pay the fee before the appraisal is done, and Wells Fargo will keep the fee whether the refinancing goes forward (house appraises) or not!
How will Wells Fargo raise this capital? The article does not state much.
Please make sure you understand how Wells Fargo operates before going along with the writing of a non-refundable fee. Also make sure you know how they go about appraising your house before giving them a non-refundable fee.