Wells Fargo fails to end US mortgage fraud lawsuit

A federal judge has rejected Wells Fargo & Co’s bid to dismiss a US government lawsuit accusing the nation’s largest mortgage lender of fraud, a victory for federal investigators pursuing cases tied to the recent housing and financial crises.

via Business feed http://www.scmp.com/business/banking-finance/article/1317378/wells-fargo-fails-end-us-mortgage-fraud-lawsuit