Real Estate/Development,
Civil Litigation,
Banking
Jan. 16, 2020
Wells Fargo won’t talk settlement if homeowner class certified
Wells Fargo will not engage in settlement discussions to resolve accusations it improperly denied mortgage modifications that led to hundreds of potentially avoidable foreclosures if plaintiffs are allowed to proceed as a class, a defense attorney said to a San Francisco federal judge Wednesday.
SAN FRANCISCO -- Wells Fargo will not engage in settlement discussions to resolve accusations it improperly denied mortgage modifications that led to hundreds of potentially avoidable foreclosures if plaintiffs are allowed to proceed as a class, a defense attorney said to a San Francisco federal judge Wednesday.
Stacie Knight, representing Wells Fargo, argued the lawsuit shouldn't proceed as a class action. She continued, "We are m...
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