The mortgage-related lawsuits against Wells Fargo (WFC) and JPMorgan (JPM) are insignificant...

|About: Wells Fargo & Co. (WFC)|By:, SA News Editor

The mortgage-related lawsuits against Wells Fargo (WFC) and JPMorgan (JPM) are insignificant compared to the legal and asset write-down exposure at Bank of America (BAC) and Citigroup (C), writes Antoine Gara. For Wells, even a worst-case scenario would see a nickel cut from a forecast Q4 profit of $0.89, estimates KBW's Fred Cannon.