You have to know what’s happening with clients, competitors, practice areas, and industries. Wells Fargo and JP Morgan may face a renewed whistleblower suit from a real estate agent who has accused the banks of fraudulently obtaining federal mortgage insurance on deceptively priced home loans. The lawsuit filed in U.S. District Court for the Eastern District of New York by attorney Robert M. Luskin alleges that Wells Fargo’s Countrywide Financial unit “knowingly sold fraudulent loans to Fannie Mae
Wells Fargo and JP Morgan may face a renewed whistleblower suit from a real estate agent who has accused the banks of fraudulently obtaining federal mortgage insurance on deceptively priced home loans. The lawsuit filed in U.S. District Court for the Eastern District of New York by attorney Robert M. Luskin alleges that Wells Fargo’s Countrywide Financial unit “knowingly sold fraudulent loans to Fannie Mae