Wells Fargo

LGBT Community Still Faces Hurdles to Homeownership

Industry professionals and several reports suggest LGBT individuals have lower homeownership rates than non-LGBT adults and concerns of discrimination
Article

The American dream of owning a home, for many in the LGBT community, still appears to be just that — a dream.

With Pride Month underway in June, housing industry professionals and several research reports suggest that LGBT individuals have lower homeownership rates than non-LGBT adults, still experience discrimination in home-buying, including documented instances of lower mortgage approvals and higher interest rates than the non-LGBT population.

USA Homeownership Foundation Receives $100,000 Grant From Wells Fargo Foundation to Assist Military and Veteran Families With Rental and Mortgage Counseling and Education Due to COVID-19 Crisis

Press Release

CORONA, Calif., May 21, 2020 /3BL Media/ – USA Homeownership Foundation, Inc. DBA Veterans Association of Real Estate Professionals (VAREP) today announced a $100,000 grant from the Wells Fargo Foundation which will enable the nonprofit HUD Approved Housing Counseling agency to continue to provide financial education workshops, foreclosure prevention and rental counseling to the military and veteran communities across nationwide during the Covid-19 crisis.

Wells Fargo Names Nate Hurst to Lead Corporate Responsibility, Philanthropy, and Sustainability Efforts

Press Release

SAN FRANCISCO, May 18, 2020 /3BL Media/ - Wells Fargo & Company (NYSE: WFC)  announced that Nate Hurst will join the company on June 1 to oversee a newly combined organization that includes Corporate Responsibility, Philanthropy, Community Relations, and Sustainability. He will also serve as president of the Wells Fargo Foundation.

Wells Fargo Announces Efforts to Keep People Housed in Response to COVID-19

Wells Fargo Foundation housing philanthropy grants to help more than 100,000 renters and homeowners stay in their homes
Press Release

SAN FRANCISCO, May 15, 2020 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced additional efforts to help people stay in their homes with funding for more than 500 nonprofits across the U.S., as part of the Wells Fargo Foundation’s $175 million commitment to assist people and communities in response to COVID-19.

Wells Fargo Announces Florida CRA Rating of ‘Outstanding’

Performance Exam shows high marks in Lending, Investment, Service in low- and moderate-income communities
Press Release

MIAMI, May 5, 2020 /3BL Media/ – Wells Fargo & Company today announced that its most recent Community Reinvestment Act (CRA) rating for Florida is “Outstanding.” Wells Fargo also received a national rating of “Outstanding” from the Office of the Comptroller of the Currency (OCC) as a result of the company’s strong performance on the exam’s components and the company’s proven commitment to serving low- to moderate-income communities. The bank’s strong performance on the exam’s components reflected positive results in Florida and other markets the bank serves.

NAIHC Collaborates With Wells Fargo Foundation to Award Home Repair Grants to Tribal Communities

Press Release

WASHINGTON, May 5, 2020 /3BL Media/ – The National American Indian Housing Council (NAIHC) and Wells Fargo Foundation are pleased to announce over $600,000 in grants to tribal housing programs to carry out housing repairs for senior homeowners in tribal communities. At a time that tribes are being forced to pare down services and devote their limited resources to the COVID-19 pandemic, these new grants will allow tribes to make much needed improvements to help ensure the safety of senior homeowners and their families.

Wells Fargo Announces California CRA Rating of Outstanding

Performance Exam shows high marks in Lending, Investment, Service in low- and moderate-income communities
Press Release

SAN FRANCISCO, May 4, 2020 /3BL Media/ -  Wells Fargo & Company today announced that its most recent Community Reinvestment Act (CRA) rating for California is Outstanding. Wells Fargo also received a national rating of “Outstanding” from the Office of the Comptroller of the Currency (OCC) as a result of the company’s strong performance on the exam’s components and the company’s proven commitment to serving low- to moderate-income communities.

Wells Fargo Announces Minnesota, Twin Cities CRA Rating of ‘Outstanding’

Performance Exam shows high marks in Lending, Investment, Service in low- to moderate-income communities
Press Release

MINNEAPOLIS, May 4, 2020 /3BL Media/ – Wells Fargo & Company today announced that its most recent Community Reinvestment Act (CRA) rating for both the Twin Cities and the state of Minnesota is “Outstanding.” Wells Fargo also received a national rating of “Outstanding” from the Office of the Comptroller of the Currency (OCC) as a result of the company’s strong performance on the exam’s components and the company’s proven commitment to serving low- to moderate-income communities.

Wells Fargo Announces Iowa CRA Rating

Performance Exam shows high marks in Lending, Investment, Service in low- to moderate-income communities
Press Release

DES MOINES, Iowa, May 4, 2020 /3BL Media/ – Wells Fargo & Company today announced that its most recent Community Reinvestment Act (CRA) rating for Iowa is “Outstanding.” Wells Fargo also received a national rating of “Outstanding” from the Office of the Comptroller of the Currency (OCC) as a result of the company’s strong performance on the exam’s components and the company’s proven commitment to serving low- to moderate-income communities.

Wells Fargo Announces Colorado CRA Rating

Performance Exam shows high marks in Lending, Investment, Service in low- to moderate-income communities
Press Release

DENVER, May 4, 2020 /3BL Media/  Wells Fargo & Company today announced that its most recent Community Reinvestment Act (CRA) rating for Colorado is “Outstanding.” Wells Fargo also received a national rating of “Outstanding” from the Office of the Comptroller of the Currency (OCC) as a result of the company’s strong performance on the exam’s components and the company’s proven commitment to serving low- to moderate-income communities.

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