Lawsuit: Chase And Wells Fargo Overcharged Homeowners As Much As 300% On Mortgage Fees

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Lawsuit: Chase And Wells Fargo Overcharged Homeowners As Much As 300% On Mortgage Fees

Lawsuit: Chase And Wells Fargo Overcharged Homeowners As Much As 300% On Mortgage Fees

Business Insider-

Yet another class action suit with the potential to reap millions for consumers has been filed against a pair of the country’s biggest mortgage lenders.

This time, Wells Fargo and Chase have been fingered over allegedly deceptive mortgage default fee practices, law firm Baron and Budd announced. 

The suit claims the lenders charged homeowners over inflated fees once they began to fall behind on mortgage payments

[BUSINESS INSIDER]

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