The Ticker
Wells Fargo says AG settlement will cost $720M in refinancings
Posted by kcurry on 2/28/12 at 7:23pm
Wells Fargo ($31.81 0.07%), the biggest mortgage servicer in the country, says the settlement that mortgage servicers and federal and state regulators reached will cost the bank about $720 million in expected income from refinancings.
Read more about how the settlement affects Wells Fargo in The Wall Street Journal.
— Kerry Curry