An enterprise application is the phrase used to describe applications (or software) that a business would use to assist the organization in solving enterprise problems.
Wells Fargo Bank will provide $15,000 down payment assistance grants totaling up to $6.65 million to help finance the purchase of homes in Kansas City. The mortgage lender is collaborating with the city of Kansas City, Neighborhood Housing Services of Kannsas City and NeighborWorks America to implement the program, called NeighborhoodLIFT.
In the settlement, Wells Fargo agreed to pay $1.2 billion and admitted, acknowledged and accepted responsibility for, among other things, certifying to the Department of Housing and Urban Development (HUD), during the period from May 2001 through December 2008, that certain residential home mortgage loans were eligible for FHA insurance when in fact they were not, resulting in the Government having to pay FHA insurance claims when some of those loans defaulted.