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Friday, June 30, 2017
Wells Fargo Unsettles Mortgage Bond Market by Holding Back Funds
Bloomberg Wells Fargo Unsettles Mortgage Bond Market by Holding Back Funds Bloomberg Wells Fargo & Co. surprised investors this week by withholding more than $90 million due to buyers of pre-crisis residential mortgage-backed securities. The bank said it invoked its right as trustee to hold back funds to cover legal costs. The 20 ... and more »...(read more)
from Around The Web http://ift.tt/2svnsHD
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