Wells Fargo & Co. has agreed to pay nearly $1 million in restitution to Maryland residents who lost their homes to foreclosure after receiving so-called "Pick-a-Payment" mortgages.

In an agreement with the state Consumer Protection Division and announced Thursday by the Maryland Attorney General's office, Wells also agreed to consider modifying the mortgages of customers who signed "Pick-a-Payment" contracts and are still in their homes.

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