Wells Fargo must pay the US regulators the amount of US$ 3.700 million for fines and reimbursements, before the accusations of crimes related to mortgages and loans.
According to the Consumer Financial Protection Office (CFPB), the financial institution faces charges for "collecting illegal fees…
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mortgages
Spain could include mortgage payments with cryptocurrencies
The Popular Party of Spain (PP) introduced a bill that would allow citizens to make be able to make mortgage payments through cryptocurrencies.
Specifically, this initiative would aim to regulate and legitimize numerous emerging…
Kenya will apply blockchain in housing distribution
The Kenyan government is preparing a plan which will include blockchain technology in a distribution program of 50,000 homes.
Thus indicated a report from a local media, which also explained that the State plans to build another 500…
Wells Fargo to pay millionaire fine for real estate crisis of 2008
The bank Wells Fargo has been fined by 2,100 million dollars for the damages caused almost a decade ago to the financial and real estate market, after selling mortgages as assets under high risks.
Between 2005 and 2008 the bank issued…