September 08, 2020
A New York federal judge hearing a putative class action that alleges a Wells Fargo software glitch cost borrowers their houses ordered a stay on Tuesday to see whether a pending $18.5 million nationwide settlement in a similar case in California federal court gets final approval.
March 09, 2020
Wells Fargo mortgage borrowers are challenging the bank's attempt to escape their suit over its alleged wrongful denial of loan modifications, telling a New York federal judge that Wells Fargo is trying to "confuse" the questions before the court by arguing that the borrowers don't have standing to bring certain claims.
February 03, 2020
Wells Fargo urged a New York federal court to reject mortgage borrowers' claims that the bank improperly denied them loan modifications due to a software glitch, arguing Friday that the proposed class action is "marred by fatal defects."