Bondi gives Wells Fargo a Wednesday deadline to respond to settlement concerns

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Bondi gives Wells Fargo a Wednesday deadline to respond to settlement concerns

Bondi gives Wells Fargo a Wednesday deadline to respond to settlement concerns

Palm Beach Post-

Wells Fargo has joined Bank of America on Florida Attorney General Pam Bondi’s list of possible violators of the $25 billion National Mortgage Settlement.

Last week, Bondi wrote a stern letter to Bank of America with examples of homeowner concerns and problems her own attorneys have had in trying to help borrowers who are covered by the settlement. The letter preceded a June 5 meeting with the lender.

But last month, the attorney general’s office also met with Wells Fargo representatives in Chicago to discuss “concerns about potential compliance issues surfacing in borrower complaints received by my office as well as other states.”

In a letter sent Friday to Wells Fargo, Bondi asks that the company let her office know by Wednesday when it will have a plan on how to answer those concerns.

[PALM BEACH POST]

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