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Loan Modification

: Loan Modification & Home Loan News

Wells settles suit over Pick-A-Payment loans

By Moe Bedard

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(Source: Charlotee Observer) – Working to clean up problem mortgages inherited in its 2008 Wachovia purchase, Wells Fargo & Co. in recent weeks has reached a settlement in a class-action lawsuit and signed loan modification agreements with 10 states, with more likely to come. The architects of the agreements say they guarantee relief for consumers, [...]

Full post as published by Loan Modification & Home Loan News on January 14, 2011 (boomark / email).

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Wells Settles in FL for Wachovia Pay Option Loans

A Bank Is Survived by Its Loans

Wells Agrees To $2B+ In Loan Mods On "Pick-A-Pay" ARMs In Settlement Of California AG's Civil Lawsuit; Will Pay Add' $32M To Foreclosed Ex-Homeowners

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