Borrowers win appeal vs Wells Fargo, can bring lawsuit over mortgages

wells_fargoAdam O’Daniel | Charlotte Business Journal

A federal appeals court has opened the door for distressed homeowners to bring a class-action lawsuit against Wells Fargo & Co. (NYSE: WFC).

Reuters reports that Wells Fargo can be sued by homeowners that were denied mortgage modifications by the bank as part of the government’s Making Home Affordable Modification Program (HAMP). Borrowers argue they were qualified for a modification and made payments during a trial period but were rejected by the San Francisco-based bank.

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

PRTA suspends operations

(Disclosure: Rose Law Group represents a coalition of property and business owners throughout Pinal County who have worked to bring new transportation infrastructure to the

Read More »