|Wells Compensates Borrowers for Steering Into FHA LoansThousands of FHA borrowers receive checks
Oct. 27, 2012
By E. SCOTT RECKARD Los Angeles Times – McClatchy-Tribune Information Services
|Thousands of Wells Fargo & Co. home loan customers recently received a surprise in the mail: refund checks from the big bank, along with letters saying they had paid unnecessary fees for their mortgages.
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So, you’re interested in refinancing your mortgage. Maybe you want some extra capital to do that home project you’ve always dreamed of, interest rates are nearing record lows, or you want to start consolidating debt. Regardless of the motivation behind the refinance,...