U.S. Files Civil Mortgage Fraud Suit Against Wells Fargo - Bloomberg

Pelli's Wells Fargo Center, Minneapolis, Minnesota, 1989. Jon Davis (Photo credit: Wikipedia)

U.S. Files Civil Mortgage Fraud Suit Against Wells Fargo - Bloomberg:

 "“As the complaint alleges, yet another major bank has engaged in a longstanding and reckless trifecta of deficient training, deficient underwriting and deficient disclosure, all while relying on the convenient backstop of government insurance,” U.S. Attorney Preet Bharara said in the statement."


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