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>> WELLS FARGO Latest News

MAY 22, 2013 - Washington Business Journal

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Bank of America, JPMorgan say mortgage help is finished

Bank of America Corp. (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM) say they have met their obligations under a mortgage settlement made with state and federal officials, the Los Angeles Times reports. Charlotte-based BofA and other mega-banks agreed to the settlement last year, and updates on their efforts to help troubled borrowers were given Tuesday. Wells Fargo & Co. (NYSE:WFC), which bases its East Coast operations, is about 90 percent finished with its efforts, the newspaper says. So far,…

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