Wells Fargo to pay $125 mln in loan probe: report - MarketWatch
Wells Fargo & Co.
has agreed to pay $125 million to settle claims it violated
fair-lending laws related to independent mortgage brokers that worked
with the bank, according to a Bloomberg report Thursday citing a person
with direct knowledge of the agreement. The Justice Department has a
press briefing scheduled for Thursday morning to discuss a major
fair-lending settlement.
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