Personal Finance

BofA halts foreclosure sales in 50 states

Wells Fargo to pay $24M to end mortgage probe

WASHINGTON - Potential flaws in foreclosure documents are threatening to throw the real estate industry into a full-blown crisis, as Bank of America on Friday became the first bank to stop sales of foreclosed homes in all 50 states.

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Older News

WASHINGTON - Wells Fargo is paying $24 million to end an investigation by eight states probing whether lenders acquired by the company made risky mortgages to consumers without disclosing their perils.

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