Wells Fargo Agrees to $2 Billion in Loan Modifications
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Wells Fargo & Co. agreed to provide loan modifications worth more than $2 billion to California homeowners who have “pick-a-pay” loans, California Attorney General Jerry Brown said.
Wells Fargo, the largest U.S. home lender, also will pay $32 million to borrowers whose homes were lost in foreclosure, Brown said today in a statement.