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Gibbs Law Group and Paul LLP File Class Action Lawsuit against Wells Fargo for Violating Federal Housing Assistance LawsGibbs Law Group, along with the law firm of Paul LLP, have filed a class action lawsuit on behalf of borrowers who were wrongfully denied a mortgage modification under the federal Home Affordable Modification Program (HAMP) due to an alleged software error by Wells Fargo (News - Alert). To read our Wells Fargo class action lawsuit complaint, visit our website: https://www.classlawgroup.com/wells-fargo-mortgage-modification-lawsuit/. The lawsuit alleges, among other things, that Wells Fargo failed to implement and maintain its internal software and protocols to correctly determine whether a mortgage modification was required under HAMP regulations. The lawsuit further alleges that Wells Fargo knew of the error in 2015 but failed to disclose it for nearly three years. And that as a result, hundreds of borrowers suffered grave consequences of the incorrect denials including wrongful foreclosures, increased fees, and serious damage to their credit. Attorneys at Gibbs Law Group and Paul LLP are reviewin potential claims on behalf of additional borrowers who were affected by Wells Fargo's wrongful mortgage modification denials. "The damage that Wells Fargo caused to borrowers affected by this error has been profound and life-changing," said Michael Schrag of Gibbs Law Group. "Wells Fargo must be held accountable for the harm and anxiety it has needlessly caused borrowers and their families," added Rick Paul of Paul LLP. Borrowers who believe they were wrongfully denied loan modifications by Wells Fargo between 2010 and 2018 and would like to learn more about their legal rights in the Wells Fargo Mortgage Modification Lawsuit may contact our team at 1-800-254-9493.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181206005300/en/ |