After allegations of deceptive marketing from eight states, Wells Fargo has reached a settlement agreement. The bank will forgive $772 million in risky home loans and will pay $24 million to help reduce the impact of foreclosures on various communities.
Continue reading Wells Fargo to Forgive $772 Million in Risky Home Loans
Wells Fargo to Forgive $772 Million in Risky Home Loans originally appeared on DailyFinance on Wed, 06 Oct 2010 18:00:00.
Filed Under: Company News, Wells Fargo & Co, Real Estate