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Morning Briefing: Wells Fargo to pay $1.2 billion for hiding bad loans

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Mortgage Professional America | 11 Apr 2016, 06:05 AM Agree 0
Wells Fargo to pay $1.2 billion for hiding bad mortgages… Give homeowners a break says NY attorney general… Search is on for top Latino mortgage, real estate producers…
  • Cheryl M | | 11 Apr 2016, 08:25 AM Agree 0
    Mr. Eric Schneiderman YOU ARE A FRAUD! First, you are holding in escrow millions of dollars of money all US Attorney General offices received in an agreement/settlement with these BIG BANKS from nearly 2 years ago. So, reach in your pocket book and give the money of New Yorkers to New Yorkers. You give Mr. Schneiderman.... (not the government). For once in your career DO THE RIGHT THING and if you can't; PLEASE explain to New Yorkers what it is that you're going to do with the money you are holding in escrow?
  • nick | | 11 Apr 2016, 11:17 AM Agree 0
    I missed the part where they said who was going to jail.......
  • Charles Reed | | 11 Apr 2016, 10:06 PM Agree 0
    Let understand that the Ginnie Mae Mortgage Backed that had these mortgage in them are all defaulted securities or where is the SEC at? Why are not the families getting the homes back or cash restitution because the bank acted illegally!
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