A judge in New York trimmed the government's case, which alleges that Wells Fargo duped HUD into insuring mortgages. But the ruling is the third this year to side with the DOJ's interpretation of the Financial Institutions Reform, Recovery, and Enforcement Act, a statute dusted off by prosecutors in the wake of the financial crisis.
Wells Fargo Can't Dodge DOJ Mortgage Fraud Lawsuit
The Litigation Daily
September 24, 2013