The settlement will benefit individuals who qualified for a home loan modification or repayment plan pursuant to the requirements of government-sponsored enterprises, and a lot more! You may be eligible for a potential award from the Wells Fargo Home Loan Class Action Lawsuit!
According to the class action, the bank took money from a government program and failing to pass that benefit on to Wells Fargo loan holders as required by the terms of that program. So if you are eligible, file a claim by July 2, 2020 to receive your potential award!
Wells Fargo Home Loan Class Action Lawsuit
- Claim Form Deadline: July 2, 2020
- Who’s Eligible: Those with a Wells Fargo loan may be able to benefit from the settlement if, between 2010 and 2018 they met the following criteria:
- Qualified for a government-sponsored loan modification or repayment plan through Fannie Mae or Freddie Mac, the Federal Housing Administration, or the Home Affordable Modification Program;
- Were not offered a home loan modification or repayment plan because Wells Fargo assessed excessive attorneys’ fees;
- As a result, their home was sold by Wells Fargo in foreclosure.
- Estimated Amount: Varies
- Proof of Purchase: Yes
- Case Name & Number: Hernandez, et al. v. Wells Fargo Bank NA, et al., Case No. 3:18-cv-07354, in the U.S. District Court for the Northern District of California
(Click here to file a claim)
How To File a Claim
- Head over to the Wells Fargo Home Loan Claim Form.
- Look over the claim form to see if you are eligible.
- Complete the claim form with your information.
- Submit your claim by July 2, 2020 to receive your potential award!
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Bottom Line
The settlement will benefit individuals who qualified for a home loan modification or repayment plan pursuant to the requirements of government-sponsored enterprises, and a lot more! You may be eligible for a potential award from the Wells Fargo Home Loan Class Action Lawsuit!
If you are eligible, file a claim by the deadline to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
I received one of these, through america servicing corp and it was suppose to be forgiven over a certain amount of time at a certain amt. the amt is not what the paper states, new mortgage company found a 2 mortgage on my property from hud owning the 71.000 dollar that was to be forgiven my taxes show 58,000 discharge, my paperwork for home mod states I will not be charged any fees for mod but wells fargo attached $8,000 to my mod process and between 1/2016 to 1/2017 right before wells fargo handed my mortgage to new loan servicer fargo owned 111,000.00 of said principal sls who my mortgage ssrvicer is now, owns 86,000. What happened to the difference, if i am only paying off 3000.00 a year of principal