Daily Archives: August 17, 2017

Former Wells Fargo rep expelled for blowing off FINRA probe

Another former bank rep has been booted out of the industry for refusing to comply with a FINRA investigation.

Kerbye Arthur, a broker associate who worked for Wells Fargo in Greenacres, Florida, was barred for ignoring FINRA’s repeated requests for documents and information it needed to investigate allegations that she made inaccurate statements on a mortgage gift letter, according to her recent settlement with the regulator.

Read on.

Tampa Bay homeowners sue JPMorgan Chase for billing on already-paid mortgages

ST. PETERSBURG — Two Tampa Bay homeowners are suing JPMorgan Chase Bank for attempting to continue to collect on what they say were already-paid-off mortgages.

Seeking class action, the lawsuit alleges that JPMorgan Chase, “as part of its customary and uniform practice and procedure, attempts to collect debts on its customers’ mortgages even though the debt has been satisfied.”

According to the suit filed last week in Pinellas County circuit court, Brian Huff secured a $30,000 mortgage with JPMorgan Chase in 2006 for a New Port Richey house. In late 2014, Huff paid off the mortgage in full.

Read on.