A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, February 10, 2015.  REUTERS/Jim Young

A Wells Fargo branch is seen in the Chicago suburb of Evanston, Illinois, February 10, 2015. REUTERS/Jim Young

Wells Fargo faces ongoing mortgage probes despite recent FHA settlement

 

This is a retuters.com article.

 

Wells Fargo continues to face federal and state mortgage probes, even after the $1.2 billion settlement it reached in early February to resolve claims of misconduct related to mortgages insured by the Federal Housing Administration.

Wells Fargo, in its annual 10-K filing released on Wednesday, said it continues to face “investigations or examinations of certain mortgage related practices” from “federal and state government agencies, including the United States Department of Justice.”

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