HUD Says Well Fargo Is Reckless To The Tune Of $1.2 Billion

reckless

An SEC filing noted that Wells Fargo has agreed to pay $1.2 billion to resolve civil claims that the federal government had pending against the bank concerning its lending program from 2001 to 2010, including other potential civil claims relating to the lender’s FHA lending activities for other periods.

HUD wastes a lot of your taxpayer money.

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