Industry News

Wells Fargo, Ticor in hot water over short sales

Real estate roundup
Published on Jun 30, 2008

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Wells Fargo, Tico settle allegations of false FHA claims
Federal prosecutors in Arizona said they reached a $4.3 million civil settlement with Wells Fargo Bank and Tico Title Agency of Arizona this month that settles allegations that Wells Fargo submitted false claims to the Federal Housing Administration's pre-foreclosure sales program.

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