I just wanted to share a quick article with you entitled "Fed Imposes $85M Penalty Against Wells Fargo."
Essentially, Wells Fargo was hit with this fine for leading customers into high-cost loans and also for falsifying income information on home loan forms. So to everybody out there about to take this big step in their life: MAKE SURE YOU KNOW WHO YOU'RE DEALING WITH!!! Loans and mortgages can follow you for a lifetime, so make sure you trust the people you're working with to recommend what's best for you and not their pockets! Because unfortunately, although a lending company or bank is well-established, it doesn't mean they are trustworthy.