Bank of America resolves Wells Fargo suit
Bank of America is to resolve a 2012 lawsuit accusing Wells Fargo, when it was acting as trustee for a pool of mortgage loans, of trying to force Bank of America to buy back the loans, despite most being in compliance; the terms of the settlement were not disclosed.
By Y. Peter Kang (September 8, 2015, 8:36 PM EDT) -- Bank of America NA has agreed to resolve a suit accusing Midland Loan Services of trying to force it to buy back a pool of securitized mortgage loans even though most were in compliance, according to documents filed Tuesday in Illinois federal court....

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