Wells Fargo confident in foreclosure paperwork
Wells Fargo Home Mortgage did not cut corners to speed up the foreclosure process as some of its competitors have admitted to in recent weeks, Wells Fargo's chief financial officer said on Wednesday.
We have reviewed our practices, our controls, our processes and feel confident that the paperwork is being properly produced, Franklin Codel, Wells Fargo's chief financial officer, said in response to a question about the growing probe into U.S. foreclosure practices in an interview with Reuters.
We audit our results regularly and stand by our foreclosure filings, he said.
(Reporting by Corbett B. Daly; Editing by Leslie Adler)
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