Lawsuit accuses Wells Fargo of profiting from foreclosure relief program

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Lawsuit accuses Wells Fargo of profiting from foreclosure relief program

Lawsuit accuses Wells Fargo of profiting from foreclosure relief program

Reuters-

A new class action lawsuit filed on behalf of a Poughkeepsie, New York homeowner accuses Wells Fargo of feigning compliance with a federal program meant to help borrowers avoid foreclosure while the bank was profiting from federal bailout funds.

Filed last Thursday by Sultzer Law Group, the lawsuit said Wells intentionally dragged out modifying loans so it could collect more fees, penalties and interest from struggling homeowners trying to stay in their homes.

 [REUTERS]

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2 Responses to “Lawsuit accuses Wells Fargo of profiting from foreclosure relief program”

  1. john kline says:

    don Corleone runs the banking system in america

  2. jonny says:

    Chase has been doing this the whole time……. When will Dimon be caught in this huge lie

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