DC Judge: Mortgage Servicing Settlement does not require absolute perfection

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[Correction: An earlier headline referred to a "NY Judge." Judge Collyer is actually based in Washington D.C. and the headline is now corrected.] U.S. District Judge Rosemary Collyer slapped down.

DC Judge: Mortgage Servicing Settlement does not require "absolute perfection" New York AG’s claim on 97 of 450,000 mortgages ‘penny-ante’ February 3, 2015

A federal judge dismissed on Monday allegations from New York’s attorney general that Wells Fargo failed to live up to its end of a historic billion mortgage servicing settlement struck in 2012.

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NY Judge: Mortgage Servicing Settlement does not require "absolute perfection" CFPB: Special announcement for students who took out Corinthian College’s high-cost private student loans Posted by admin at 8:15 am

A federal judge dismissed on Monday allegations from New York’s Attorney General that Wells Fargo failed to live up to its end of a historic $25 billion mortgage servicing settlement struck in 2012.

In the Monday order, the judge said New York’s allegations covered less than .022 percent of New York loans serviced by Wells Fargo, and that a monitor appointed to oversee the settlement could address those issues. The settlement "does not require absolute perfection in loan servicing," Collyer wrote.

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WASHINGTON/NEW YORK (Reuters) – A U.S. judge on Monday rejected allegations by the New York state attorney general that Wells Fargo was violating the $25 billion mortgage. The settlement “does not.

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