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BRIEF-Wells Fargo settles 2006 lawsuit related to VA loans
August 4, 2017 / 2:28 PM / in 2 months

BRIEF-Wells Fargo settles 2006 lawsuit related to VA loans

Aug 4 (Reuters) - Wells Fargo & Co:

* Wells Fargo settles 2006 lawsuit related to VA loans

* Wells fargo “denies allegations” in lawsuit but will pay $108 million to U.S. government to resolve claims​

* To settle lawsuit that claimed some VA interest rate reduction refinance loans originated by co should not have been eligible for VA guarantees​ Source text for Eikon: Further company coverage:

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