Wells Fargo & Co. WFC reported today that from March 1, 2012
through June 30, 2012 the company had helped more than 27,000 homeowners
under the National Mortgage Settlement covering expanded modifications,
other customer relief options and refinances. The company estimates that
it fulfilled approximately 35 percent of its $4.3 billion consumer
relief and refinance commitment in the first four months of settlement
activities and is on track to meet all its commitments in the timeframes
prescribed in the settlement.
“We are pleased with our progress in fulfilling our financial
commitments under the National Mortgage Settlement, which builds on our
previous consumer relief and refinance efforts,” said Michael DeVito,
executive vice president for Default
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