KM Financial Solutions | UPDATE 1-Wells Fargo faces tax credit probes, new problems with mortgage borrowers
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UPDATE 1-Wells Fargo faces tax credit probes, new problems with mortgage borrowers

UPDATE 1-Wells Fargo faces tax credit probes, new problems with mortgage borrowers

Wells Fargo & Co is
facing government probes into its use of low-income housing tax
credits, and has also set aside $8 million to compensate
borrowers who were incorrectly denied mortgage modifications
under a federal assistance program, the bank said in a
regulatory filing on Friday.

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