NY to sue Wells Fargo, strike deal with Bank of America over mortgages: sources

The logo for Wells Fargo bank is pictured in downtown Los AngelesWASHINGTON (Reuters) – The New York Attorney General plans to sue Wells Fargo on Wednesday over failures to comply with the terms of the $ 26 billion National Mortgage Settlement, according to a person familiar with matter. At the same time, Bank of America confirmed it has separately struck an agreement with New York Attorney General Eric Schneiderman over similar types of alleged compliance problems. …


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