Wells Fargo says in settlement talks in US mortgage insurance case | Business Information & News | Westlaw

Wells Fargo says in settlement talks in US mortgage insurance case | Business Information & News | Westlaw

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11/5/14 REUTERS 20:51:13
REUTERS
Copyright © 2014 Thomson Reuters
November 5, 2014
Wells Fargo says in settlement talks in US mortgage insurance case
Peter Rudegeair
Jonathan Stempel
NEW YORK (Reuters) - Wells Fargo & Co said on Wednesday it is in discussions with the U.S. government to resolve a lawsuit accusing the nation's largest mortgage lender of cheating taxpayers by submitting ineligible home loans to a federal insurance...
---- Index References ----
Company: CITIGROUP INC; BANK OF AMERICA CORP; WELLS FARGO AND CO; DEUTSCHE BANK AG
News Subject: (Major Corporations (1MA93))
Industry: (Mortgage Banking (1MO85); Retail Banking Services (1RE38); Consumer Finance (1CO55); Financial Services (1FI37); Banking (1BA20); Loans (1LO12))
Region: (New York (1NE72); USA (1US73); North America (1NO39); U.S. Mid-Atlantic Region (1MI18); District of Columbia (1DI60); Americas (1AM92))
Language: EN
Other Indexing: (JPMorgan Chase & Co Bank of America) (Shannon Stapleton; Preet Bharara; Jennifer Queliz)
Keywords: banking; securities (MCC:f); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 357
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