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/

Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

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