Tuesday, October 9, 2012

U.S. sues Wells Fargo for mortgage fraud. Susan Salehi Bankruptcy Ventura Oxnard Camarillo Santa Barbara Woodland Hills Los Angeles CA.

http://bkhelpnow.com/wordpress/2012/10/09/u-s-sues-wells-fargo-for-mortgage-fraud-susan-salehi-bankruptcy-ventura-oxnard-camarillo-santa-barbara-woodland-hills-los-angeles-ca/

The U.S. sued Wells Fargo Tuesday on claims the bank made reckless mortgages.
WASHINGTON (CNNMoney) — The U.S. government sued Wells Fargo over claims that the bank made reckless home mortgage loans for a decade.
In a lawsuit filed Tuesday in Manhattan’s Southern District of New York, the government accused Wells Fargo (WFC, Fortune 500) of “reckless underwriting” and fraudulently approving thousands of home loans that caused large-scale losses for the government.

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