Wells Fargo said it was committed to full compliance with the settlement and its standards, adding it has helped more than 70, 000 homeowners nationally and will continue to do what it can to help borrowers, including New Yorkers identified in the complaint.
"We are fully committed to working within a risk and compliance framework that protects our customers' and our firm's assets, " FCStone CEO Sean O'Connor said in a statement.
We have undertaken significant changes since then to improve our compliance efforts, and we are committed to doing everything we can to ensure this does not occur again.