Gibbs Law Group was court-appointed co-lead counsel for a certified class of more than 500 home mortgage borrowers who lost their homes to foreclosure by Wells Fargo after a calculation error in the bank’s software caused it to erroneously …
Mar 06, 2018 · Yosef Peretz, of Peretz & Associates, first sued Wells Fargo in 2010 in the U.S. District Court for the Northern District of California, where he represented a fired employee who accused the bank ...
Feb 09, 2019 · "Wells Fargo's compensation structure for its home mortgage consultants complies with California's wage and hour laws, including paying for all time worked, and allows our HMCs to earn competitive, performance-based compensation," Wells said in a statement emailed by spokesman Jim Hines.
May 06, 2005 · Class Administrator Bias v. Wells Fargo Administrator P.O. Box 2876 Portland, OR 97208-2876 866-422-0150
The people bringing the lawsuit (the “Plaintiffs”) claim that Wells Fargo violated federal law by charging homeowners more than the amount Wells Fargo paid for Broker’s Price Opinions (“BPOs”) and improperly concealing these “marked-up” charges. Wells Fargo contends that all of its BPO policies and procedures complied with the law.
A “BPO” is an informal valuation of your property, like an appraisal, but it is typically performed by a real estate broker. In order to receive any benefit, the lawyers for the Class will have to prove their claims in court.
The amount of the BPO charges generally ranged from $95 to $125 each. A “BPO” is an informal valuation of your property, like an appraisal, but it is typically performed by a real estate broker. In order to receive any benefit, the lawyers for the Class will have to prove their claims in court.
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What a nightmare! Unfortunately, your scenario is far too commonplace in this market, and pretty much has been par for the course since the 2008 fallout.#N#The upside is this : YOU ARE NOT ALONE! And where there are folks (homeowners especially), you can bet your bottom dollar, there are twice as many lawyers...
Use find a lawyer and locate real estate litigation attorney with foreclosure relief experience to review the facts of your case and see what reliefs may be available to you and costs. Good luck to you.
Have you tried offering a fee? Or maybe the lawyers concluded there is no case and did not want to take your money#N#From here I do not think we can make a judgment
Have you tried offering a fee? Or maybe the lawyers concluded there is no case and did not want to take your money#N#From here I do not think we can make a judgment
Typically, lender liability claims arise when a financial institution or fiduciary violates a duty of good faith or fair dealing to its customer – borrower or has assumed such a degree of control over the borrower that it assumes a fiduciary duty.
Every year it seems banks and other lenders manage to outdo themselves in terms of greed, wrongdoing, and immorality. In 2017 and 2018 our lender liability team has seen the following fact situation too often and it isn’t confined to big banks:
There are many statutory and practical time limits on actions you can take in a lender liability case, whether in state or federal court, so move quickly to hire lender litigation experienced lawyers.