Countrywide, Wells Fargo settlements to return funds to homeowners

Source: Alejandro Lazo, Los Angeles Times (Free Registration)

Some troubled homeowners got the promise of a little relief Wednesday in the form of separate settlements with Countrywide Home Loans and Wells Fargo & Co. Nearly $108 million in refund checks are being mailed to homeowners allegedly overcharged by Countrywide Home Loans as part of a settlement with the Federal Trade Commission.

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Tags/Keywords

housing, mortgages, foreclosure, homeowners, home loans, federal trade commission

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