Wells Fargo takes heavy hit for bad home loans
Story date: 2007-10-16 02:24:00
Added on: 2007-10-16 22:00:19
Times Online - Four mortgage banks in the United States revealed the impact of mounting losses from the American credit crisis and housing recession yesterday, as Wells Fargo admitted to a $490 million (£241 million) charge to cover bad home loans. Wells Fargo is ...
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