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Wells Fargo Settles Foreclosure Suit with Justice Department for $1.2B

In February, Wells Fargo & Co., the world’s largest bank, agreed to settle a mortgage-lending lawsuit for $1.2 billion. That, however, isn’t even the largest penalty the bank has paid: in 2013, it paid more than $5 billion in settlements and nearly $2 billion in violations. Wells Fargo is just one of many banks fined… Read More »