Relevant:
- Former Wells Chief Says GSEs Should be Eliminated - Kovacevich talks about Wachovia, economy
- Wells Fargo reaches $1.2 billion U.S. mortgage settlement
- Homeowner's lawsuit says Wells Fargo charged improper mortgage fees
- Wells Fargo Financial Consolidates; 683 offices close, 3800 jobs gone
- Obama Housing Official to Join Wells Fargo
2012-12-07 — sacbee.com
``The mortgage strategy has its own problems, though, including lawsuits over questionable lending. In October, for example, the Justice Department sued Wells, accusing it of misrepresenting the quality of thousands of mortgage loans that the Federal Housing Administration insured and that later defaulted.
San Francisco-based Wells was one of the largest banks in the country but relatively unknown outside the Western U.S. before 2008, when it scooped up teetering Wachovia in the depths of the financial crisis.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
