Don't want ads? Subscribe or login now.

Wells Fargo Settles MBS Action For $125M

By Lisa Uhlman · July 7, 2011, 3:34 PM EDT

Wells Fargo Bank NA agreed in California federal court on Wednesday to a proposed $125 million settlement in a class action accusing it and others of negligence in connection with the...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Settlement

Case Information

Case Title

General Retirement System of the City of Detroit v. The Wells Fargo Mortgage Backed Securities 2006-AR18 Trust et al

Case Number

5:09-cv-01376

Court

California Northern

Nature of Suit

Securities/Commodities

Date Filed

March 27, 2009

Recent Articles By Lisa

December 20, 2012
ResCap Wins More Time To File Ch. 11 Plan
December 17, 2012
Credit Union Board Backs ResCap's Request For Mediator
December 13, 2012
MSR Resort's Disclosure Statement Gets Green Light
December 11, 2012
MSR Ch. 11 Plan Incorporates $1.5B Sale To Sovereign Fund
December 07, 2012
ResCap Seeks More Time To File Ch. 11 Plan
December 05, 2012
Judge Won't Find $1.5B Bid For MSR Was In Good Faith Yet
November 19, 2012
Judge To Sign Off On 2 Key ResCap Sales Worth $4.5B
November 13, 2012
ResCap Unit GMAC Hit With Suit Over Servicing Agreement
November 09, 2012
Ally, ResCap Agree To Hand Loan Files Over To FHFA
October 23, 2012
Judge Says No Dice To ResCap Homeowners Committee