Bank of America wound up with what many observers found to be a favorable settlement with Fannie Mae and Freddie Mac over repurchase claims on mortgage backed securities where the bank violated clear representations of the product. But Wells Fargo continues to maintain that they’re the “good” bank in all of this. The facts show otherwise.
Wells Fargo Won’t Settle Fannie/Freddie Put-Back Cases |
| By: David Dayen Thursday January 20, 2011 6:00 pm |


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