Wells Fargo Settles COVID-19 Mortgage Forbearance Lawsuit for $185 Million

Wells Fargo Settles COVID-19 Mortgage Forbearance Lawsuit for $185 Million Settlement Agreement Wells Fargo has reached an agreement to pay $185 million to resolve a proposed class action lawsuit that accused the bank of placing customers’ mortgages into forbearance without their consent during the initial phase of the COVID-19 pandemic. The court granted preliminary approval […]