U.S. Files Civil Motgage Suit Versus Wells Fargo (WFC)

Go back to U.S. Files Civil Motgage Suit Versus Wells Fargo (WFC)

Well Fargo (WFC) Fraud Charges Have Roots in Diminished FHA Balance Sheet

October 10, 2012 1:10 PM EDT

In light of news yesterday that the Justice Department filed suit against Wells Fargo (NYSE: WFC) related to deficiencies in underwriting FHA certified mortgages, analysts expect ongoing efforts to recoup damages that may target other banks.

Interestingly, the report by... More