Wells Fargo sues JPMorgan over troubled $481 million real estate loan
Wells Fargo sued JPMorgan Chase on Monday to recover losses for investors in a $481 million commercial real estate loan that ...
Banking Dive4d
Wells Fargo sues JPMorgan over $481M CRE loan
JPMorgan failed to conduct due diligence on the commercial real estate loan, then quickly offloaded the risk, “taking home ...
Commercial Observer4d
Wells Fargo Sues JP Morgan Over $481M CMBS Loan Originated in 2019
Wells Fargo filed suit against fellow banking giant J.P. Morgan Chase alleging false financial statements for a $481 million ...
Wells Fargo Sues JPMorgan Over Failed $481 Million Property Loan
Wells Fargo & Co. sued JPMorgan Chase & Co. over a defaulted $481 million commercial real estate loan, claiming JPMorgan ...
Bisnow4d
Wells Fargo Sues JPMorgan Chase Over $481M Chetrit Group Loan
Wells Fargo is suing JPMorgan Chase over investor losses related to an allegedly inflated metric used for a $481M loan in 2019. Wells Fargo claims JPMorgan and Chetrit Group knew the historical ...
USA Today3d
Wells Fargo sues JPMorgan over troubled $481 million real estate loan
Wells Fargo WFC.N sued JPMorgan Chase JPM.N on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently inflated ...
The Real Deal4d
Wells Fargo sues JPMorgan $481M loan
The Chetrit Group’s struggle with a $481 million loan dating back to before the pandemic is pushing two of the country’s biggest banks into a legal battle. Wells Fargo sued JPMorgan Chase and ...