Monday, April 17, 2017

Settlement approved: Wells Fargo customers will get $50 million for overcharged mortgage fees

Borrowers who had a mortgage serviced by Wells Fargo between May 6, 2005 and July 1, 2010 will soon receive their share of a $50 million settlement stemming from allegations that Wells Fargo overcharged borrowers for Broker’s Price Opinions during that period, as a class action settlement covering the overcharging is now finalized.

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