Wells Fargo's Potential Mortgage Claims Rises to $2.4 Billion
FEB 27, 2013 12:53pm ET
Wells Fargo said faulty mortgages could cost the company as much as $2.4 billion beyond its reserves, an increase of $300 million from a year earlier. The bank also trimmed its estimate of possible legal costs.
To continue, please log in, register or subscribe.
As the industry evolves, American Banker keeps pace. Going beyond breaking news and headline events, American Banker's editorial staff digs deeper than the mainstream business press to identify and analyze trends.