Only “Number Jesters” report 2Q economic growth at 4% pace

4 factors weighing down housing in the second half of 2014

Will housing collapse?

Altos: Critics wrong about housing, it’s going to soar

2015 will see notable price appreciation
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