News Headline Summary

Wells Fargo (WFC) says their part of settlement will be USD 766mln

- Co. sees pretax charge of USD 644mln.
- Co. is to commit added USD 1.2bln to foreclosure prevention.

Analysis details (21:16)

- Earlier today, Wells Fargo and 9 other mortgage servicers entered into settlement agreements with the OCC and the Federal Reserve Board that would end their independent foreclosure review.

07 Jan 2013 - 21:12 - Equities - Source: Newswires

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