NEW YORK—Wells Fargo will pay $1 billion to federal regulators to settle charges tied to its mortgage and auto lending business, the latest chapter in a wide-ranging scandal at the banking giant. However, it appears that none of the $1 billion will go directly the victims of Wells Fargo’s abuses. Wells will …
The post Wells Fargo to pay US$1B to settle <b>mortgage</b> and auto lending scandal appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/wells-fargo-to-pay-us1b-to-settle-mortgage-and-auto-lending-scandal/
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