HUD: Associated Bank ‘redlining’ settlement largest ever

HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”

Housing in places like New York, San Francisco fail more than just the locals

Local policies curtail worker freedoms

Caution: GSE reform could have serious unintended consequences

Guest blog by former Ginnie Mae president Joseph Murin
W S
Lending / The Ticker

NY AG: Wells Fargo slow in providing foreclosure aid

/ Print / Reprints /
| Share More
/ Text Size+

New York Attorney General Eric Schneiderman is concerned with Wells Fargo's pace in providing mortgage relief to state borrowers under a $25 billion settlement, an article in The Wall Street journal said.

So far, Wells Fargo believes it has paid out $3 billion of its obligation, the article states.

"We are concerned that Wells Fargo is underperforming compared to other banks," said Attorney General Eric Schneiderman. "By identifying this pattern early, there is still time to address this issue and increase activity so that Wells's customers will be afforded meaningful assistance to keep their homes."

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus