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Wednesday, January 5, 2011
Wells Fargo stops foreclosing on NASCAR Plaza
Wells Fargo stops foreclosing on NASCAR Plaza: "(By Kerry Hall Singe, ksinge@charlotteobserver.com) Wells Fargo & Co. has stopped foreclosing on the NASCAR Plaza office tower in uptown.The lender started foreclosure proceedings in November after being sued by its co-lender, Regions Bank, which claimed Wells 'failed and refused to take timely action to collect' on the loan after the tower's developers stopped paying on the loan in December 2009."
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