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    Wells Fargo to Pay $1.2 Billion for ‘Reckless’ Lending Practices

    2016-02-03T13:00:00Z

    Wells Fargo & Company said this week in a securities filing that it would pay $1.2 billion to resolve certain civil claims relating to the company’s Federal Housing Administration lending activities. In a Form 8-K filing, Wells Fargo said it had reached an agreement in principle with the Justice Department, ...