Wells Fargo among banks required to raise capital
Original post made by Anonymous, Another Pleasanton neighborhood, on May 6, 2009
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.
Nominations due Monday for TV30’s Tri-Valley ‘Coach of the Year’ award
By Jeb Bing | 0 comments | 52 views
Readers' Choice Ballot is here
It's time to decide what local business is worthy of the title "Pleasanton Readers' Choice" â€” and you get to decide! Cast your ballot online. Voting ends May 21st. Stay tuned for the results in the June 23rd issue of the Pleasanton Weekly.