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Wells Fargo (FHA Interest) »

Defendant: Wells Fargo

Wells Fargo agreed to a $30 million settlement over allegations of collecting post-payment interest without providing an FHA-approved payoff disclosure to borrowers who prepaid, inquired about pre-payment, or requested payoff figures. The class is defined as borrowers with FHA-insured loans that originated between June 1, 1996 and January 20, 2015; the borrower or Wells Claim deadline is Friday, 02 November 2018.

Wells Fargo (FHA Interest) »

Defendant: Wells Fargo

Wells Fargo agreed to a $30 million settlement over allegations of collecting post-payment interest without providing an FHA-approved payoff disclosure to borrowers who prepaid, inquired about pre-payment, or requested payoff figures. The class is defined as borrowers with FHA-insured loans that originated between June 1, 1996 and January 20, 2015; the borrower or Wells Fargo held legal title when the total loan payment was zero; and Wells Fargo collected interest after the total loan payment was zero. Class members will automatically receive payment when the settlement becomes final.

Final Fairness Hearing is Nov. 20, 2018.

Claim deadline is Friday, 02 November 2018.

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