WASHINGTON, D.C. - (Mealeys) In what
the U.S. Department of Justice is calling the second largest fair lending
settlement in the department's history, Wells Fargo Bank NA today agreed to pay
more than $175 million to settle claims in a District...
NEW YORK - ( Mealeys ) A federal judge in
New York on Wednesday granted preliminary approval of a $590 million settlement
between shareholders, Citigroup Inc. and certain of its current and former
executive officers and directors on claims that the...
Last week, Bank of America agreed to a
multi-billion dollar settlement with upset investors who had purchased
securities comprised of subprime mortgages originated by Countrywide
Financial (which Bank of America acquired in 2008) and serviced by...