Wells Fargo has reached an agreement with homeowners who accused it of reneging on a 2010 settlement over so-called adjustable-payment mortgages issued before the 2007 housing crisis.
Disclosed in a court filing on Friday, the agreement resolves a long-running dispute over Well Fargo’s compliance with the 2010 settlement, which called for the bank to provide up to $2.7 billion in mortgage relief to help borrowers avoid foreclosure. The homeowners are represented by lawyers Jeffrey Berns and Lee Weiss.
To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/1MoO4mz© 2010-17 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.