N.Y. targets Wells Fargo, BofA for mortgage-settlement terms

New York Attorney General Eric Schneiderman plans to sue Wells Fargo as early as today and has reached a settlement with Bank of America over accusations that the banks violated the terms of the national mortgage settlement, sources say. Additionally, 14 other states and federal regulators are expected to announce that they have reached agreements with both banks over similar charges, according to people familiar with the matter.

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