Wilbur Ross quits Ocwen Financial

Wilbur Ross quits Ocwen Financial

Distressed asset investor bringing his magic to Bank of Cyprus

Dustin Johnson levels blockbuster claims at title attorneys

Is Nat Hardwick the fall guy?

CFPB proposes 7 big changes to foreclosure process for mortgage servicers

Adds guidance on extended borrower protections
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