Archive for December 22nd, 2010

Wednesday, December 22nd, 2010 at 6:00am

Wells Fargo CA Settlement Is Politics As Usual

It’s “politics as usual” in California – more publicity than substance. On December 20, 2011 the California Attorney General’s office announced a settlement with Wells Fargo Bank (WFB) “worth more than $2 billion to Californians with risky adjustable-rate mortgages.” It didn’t say that this value is possibly attained only IF all eligible borrowers complete the […]

Wednesday, December 22nd, 2010 at 5:25am

Get The Wells Fargo Bank – California Settlement

 Yesterday’s “big news” in California, and even national, real estate news was about the “$2 billion” settlement reached between the California Attorney General and Wells Fargo Bank regarding “pick-a-pay” loans. It made for good publicity but does it make for any benefit to borrowers? Registered readers can get your own copy of the “settlement” (actually titled […]

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