U.S. Court of Appeals for the 9th Circuit
Jul. 6, 2013
Homeowners can proceed with lawsuit against Wells Fargo, 9th Circuit rules
Homeowners suing Wells Fargo Bank for threatening foreclosure can proceed with their claim that the bank violated the Equal Credit Opportunity Act, a 9th Circuit panel ruled Wednesday
By John Roemer
Daily Journal Staff Writer
Homeowners suing Wells Fargo Bank for threatening foreclosure can proceed with their claim that the bank violated the Equal Credit Opportunity Act, a 9th Circuit panel ruled Wednesday. Wells Fargo agreed to a loan modification while the couple was in bankruptcy. Even so, the bank then warned the couple they were in default and, despite the couple's protests, said it would accelerate demands for payment of their mortgage. Only after t...
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