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Wells Fargo agrees to $50 million settlement over homeowner fees

By Dena Aubin 
Article Reprint

REUTERS/Mike Blake
REUTERS/Mike Blake

Wells Fargo & Co (WFC.N) has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on their mortgage loans.

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