Wells Fargo Gets Judge's Nod For $1.2B FHA Fraud Deal

By Y. Peter Kang (April 8, 2016, 10:18 PM EDT) -- A New York federal judge on Friday signed off on a $1.2 billion settlement to be paid by Wells Fargo NA to resolve allegations it defrauded the Federal Housing Administration by submitting insurance claims for defaulted loans that didn't meet the agency's standards....

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