Wells Fargo agreed to pay $575 million to all 50 states and the District of Columbia over misconduct that harmed customers, the latest in a string of payouts for the country’s third-largest bank. The payments are meant to cover improper charges to auto loan and mortgage customers, along with the fake accounts scandal that rocked the bank two years ago, according to the Wall Street Journal. States have alleged that Wells Fargo improperly charged residential […]
source https://therealdeal.com/2018/12/28/wells-fargo-to-pay-575m-settlement-over-scandal-involving-mortgage-division/
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