Relevant:
- Wells Fargo: Loan Repurchase Reserve Liability Of $1.3 Billion On $144 Billion In Loan Originations
- Wells Fargo in $591 million deal with Fannie Mae
- Mortgage Buybacks Costing Wells Fargo?
- Wells Fargo Financial Consolidates; 683 offices close, 3800 jobs gone
- Wells Fargo mortgage buybacks could top $1.8 billion
2010-10-18 — zerohedge.com
"Amusingly, in the CIM, Wells states: "Wells Fargo is committed – just like you are - to honoring contractual obligations with investors and mortgage insurance (MI) companies*. We want to ensure that the resolution process for Repurchase and Rescissions is as smooth and swift as possible." "
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