The
bank's board also clawed back another $ 75 million in pay from two former executives, CEO John Stumpf and
community bank executive Carrie Tolstedt, saying both executives dragged their feet for years regarding
problems at the second - largest U.S.
bank.
However, a
community bank explained that, although it should not be a
problem to provide the borrower the final closing costs three days in advance, most title companies are not able to provide the seller's figures until the day before closing
at the earliest.