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Real Estate & Property Law

: The Home Equity Theft Reporter

Wells Agrees To $2B+ In Loan Mods On "Pick-A-Pay" ARMs In Settlement Of California AG's Civil Lawsuit; Will Pay Add' $32M To Foreclosed Ex-Homeowners

By r morris

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From the Office of the California Attorney General:Attorney General Edmund G. Brown Jr. announced [] that Wells Fargo has agreed to provide loan modifications worth more than $2 billion to thousands of California homeowners with "pick-a-pay" loans and to pay an additional $32 million to thousands of borrowers who lost their homes through foreclosure.None of the loans were made by Wells Fargo. All

Full post as published by The Home Equity Theft Reporter on December 22, 2010 (boomark / email).

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