October 31, 2016
Wells Fargo will pay $50 million to a class of more than 250,000 mortgage holders to resolve California federal claims that the bank improperly marked up fees for third-party home appraisals following loan defaults, Baron & Budd PC said Monday.
December 17, 2015
A California federal judge on Thursday granted partial class certification of a group of Wells Fargo & Co. home mortgage loan customers accusing the bank of overcharging for third-party home appraisals, ruling that only certain customers who actually paid for an appraisal can pursue a RICO claim.