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Home / Opinion Digests / Mortgage Lender’s Refi Encouragement Not Fraud (access required)

Mortgage Lender’s Refi Encouragement Not Fraud (access required)

A Richmond U.S. District Court dismisses plaintiff homeowners’ suit to prevent foreclosure on two properties based on allegations that defendant Wells Fargo’s committed fraud by denying the owners multiple loan modifications, while continuing to solicit their applications for loan modifications. The married plaintiffs own two residences, in Richmond and Deltaville, for which Wells Fargo is ...