Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems.
Source: Inman News
Wells Fargo fined over mortgage loan modification practices
Published in Banking & Lending, CFPB, Charlie Scharf, Consumer Financial Protection Bureau, loan modifications, loss mitigation, Mortgage, OCC, Office of the Comptroller of the Currency and Regulations
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