Wells Fargo Settles Veterans Mortgage Lawsuit

In a very interesting case, Wells Fargo has agreed to a $10 million settlement of a class action brought by veteran military families across the country.  Apparently, Wells Fargo was charging improper fees associated with the refinancing of home loans.  Each family will receive about $175.  Apparently, other lenders may have also conducted this unlawful practice.  For more, click here.

This is a very interesting story which significant impact to North Carolina military families.  If you believe that you may have paid excessive fees as part of a refinance of your mortgage, call Mike Malone at Hendren & Malone.

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