Wells Fargo Must Face Suit Over Veteran Loans, Judge Says

Wells Fargo Must Face Suit Over Veteran Loans, Judge Says

Wells Fargo & Co. (WFC), the biggest U.S. home lender, must face a lawsuit that accuses the bank of overcharging veterans under a federal loan-refinancing program, a judge ruled.

U.S. District Judge Amy Totenberg in Atlanta denied Wells Fargo’s bid to dismiss the complaint filed by two mortgage brokers, saying their allegations are “plausible and sufficient,” according to a decision filed yesterday.

The plaintiffs “have made factually specific allegations regarding mechanics of defendant’s routine practice of creating false documents and making false statements to the VA in order to obtain guarantees on loans,” Totenberg wrote.

Rest here…

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4closureFraud.org

Comments
3 Responses to “Wells Fargo Must Face Suit Over Veteran Loans, Judge Says”
  1. keepon says:

    White House Petitions
    Petition the Obama Administration to:
    Halt Foreclosures Nationwide & Prosecute the Financial Criminals

    https://petitions.whitehouse.gov/petition/halt-foreclosures-nationwide-prosecute-financial-criminals/FdVJLnKK?utm_source=wh.gov&utm_medium=shorturl&utm_campaign=shorturl

    As of 11/21: 63 ?!? signatures 24,937more needed
    Created 11/14 25,000 signatures needed

  2. Fed Up says:

    Hang the mother ——

  3. Alabama John says:

    Semper Fi

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