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Posts Tagged ‘adjustable rate mortgages’


Wells Fargo Settles Mortgage Claims

Wednesday, October 6th, 2010 | Comments Off on Wells Fargo Settles Mortgage Claims

Wells Fargo agreed to pay $24 million to eight states and $772 million in loan modifications to settle charges that various companies it had acquired marketed adjustable rate mortgages deceptively to consumers. The eight states claimed that Wachovia Corporation, which purchased World Savings Inc and was then in turn acquired by Wells Fargo, failed to […]

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