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Tag Archives: Investors

Why Wells Fargo Agreed to Pay a $2B Penalty

On Wednesday, Wells Fargo agreed to pay a fine of more than $2 billion for allegedly misrepresenting the quality of loans used in Residential Mortgage Backed Securities. Here's why the bank agreed to pay this amount in a settlement with the Department of Justice.

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Mitigating the Risks of Inefficient Servicing

he first in a three-part series of reports examines the importance of the mortgage industry to the overall health of the housing market and makes a case for policy reforms in this sector, in the light of the housing finance reform legislation that’s once again in the works in Congress.

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