Wells Fargo Payout to Homeowners

Wells Fargo has been required, by the U.S. Trustee Department, to pay out a $3.45 million dividend to over 8000 homeowners over mail processing error. The large mortgage servicer delayed delivering mortgage statements to consumers going through bankruptcy. With the late delivery, it shortened homeowner's notice period regarding alterations to monthly mortgage payment amounts. 

You can read the full article here. 

Time is of the essence when dealing with a bankruptcy, foreclosure, or any other real estate related issue. Drewes Law regularly helps Minnesota homeowners dealing with consumer protection-related issues. Contact us now for more information or to schedule a free consultation.