Wells Fargo settles federal lawsuit over loans to veterans

Wells Fargo & Co. settled an 11-year-old lawsuit with the U.S. government that claimed the lender overcharged veterans under a federal mortgage-refinancing program. The bank will pay $108 million to the government to resolve allegations that some loans it made under a U.S. Department of Veterans Affairs program shouldn’t have been eligible for guarantees by the …

from http://thedailyrecord.com/2017/08/04/wells-fargo-settles-federal-lawsuit-over-loans-to-veterans/

Advertisements

Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s