Wells Fargo Says Mortgage Probe May Trigger Enforcement

Wells Fargo & Co.'s lending and foreclosure practices probably will draw an enforcement action that may include a fine, the bank said today in a regulatory filing. "It is likely that one or more of the government agencies will initiate some type of enforcement action against Wells Fargo, which may include civil money penalties," the San Francisco-based lender said in its annual report.

Topics:  co   san francisco-based   read   wells fargo   enforcement   include   action   agencies   

 

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