Home Loan Modification Settlement
Learn more about the class action lawsuit entitled Hernandez v. Wells Fargo Bank, N.A.
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The case is numbered 3:18-cv-07354 and is under review in the U.S. District Court for the Northern District of California.
Class members do not need to worry about hiring a lawyer as they will be represented by Michael Schrag from GIBBS LAW GROUP LLP and Richard Paul from PAUL LLP.
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Who should file a claim?
“All persons in the United States who between 2010 and 2018 (i) qualified for a home loan modification or repayment plan pursuant to the requirements of government-sponsored enterprises (such as Fannie Mae and Freddie Mac), the Federal Housing Administration (FHA), the U.S. Department of Treasury’s Home Affordable Modification Program (HAMP); (ii) were not offered a home loan modification or repayment plan by Wells Fargo due to excessive attorney’s fees being included in the loan modification decision process; and (iii) whose home Wells Fargo sold in foreclosure.”
Home Loan Modification Settlement Contact
- Mail: Hernandez v. Wells Fargo Bank, N.A. c/o JND Legal Administration P.O. Box 91350 Seattle, WA 98111
- Email: info@HomeLoanModificationSettlement.com
- Phone: 1-877-545-0236
How much money will class members get?
The amount of money any one class member will receive is not known at this time regardless of what your Aunt Sally says.
According to court documents class members can expect the following:
“Class Members will automatically receive a share of a $13.575 million settlement fund based on “(1) the amount of your unpaid balance at the time of the error; (2) whether you were delinquent on your loan for six months or more at the time of the error; and (3) how much Wells Fargo previously sent you.” Class Members can also make a claim for severe emotional distress they suffered as a result of the foreclosure. These claims will be evaluated by an attorney appointed by the court.” – www.homeloanmodificationsettlement.com