Lender to Spend $67 Million on Homeowner Assistance, Counseling and Record Consolidation
WSJ-
Wells Fargo & Co. said Friday it has agreed to spend at least $67 million on homeowner assistance and other initiatives as part of a settlement around the lender’s alleged so-called robo-signing practices.
Settlement is tied to a suit filed on behalf of shareholders in 2011 that alleged Wells Fargo employees approved legal documents related to home-foreclosure proceedings without proper review.