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>> WELLS FARGO Latest News

JAN 31, 2013 - Washington Business Journal

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Oregon nets $3M in another foreclosure settlement

Oregon, along with 45 other states and the District of Columbia, has agreed to settle a case related to the "robo-signing" of legal documents. Lender Processing Services has agreed to pay $120.6 million to settle the case. Oregon will receive $3 million. LPS provided mortgage loan processing and other services to banks, including Wells Fargo and JPMorgan Chase, and generated revenue of $2 billion in 2011. The company's default management solutions unit accounted for more than $816 million of 2011…

Tags: Oregon nets $3M in another foreclosure settlement,  Wells Fargo Latest News