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>> WELLS FARGO Latest News

FEB 25, 2013 - Washington Business Journal

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Alabama homeowners received $101 million in relief as part of mortgage settlement

The five largest mortgage providers have extended about $101 million in relief to consumers in Alabama through Dec. 2012, as part of a national mortgage settlement, according to a report recently issued by the Office of National Mortgage Settlement Oversight. As we reported in Feb. 2012, the state joined a $25 billion joint-state-federal settlement with Bank of America, Citi, Chase, Wells Fargo and Ally to address mortgage loan servicing and foreclosure abuses that took place after the housing bubble…

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