Search Site
Wells Fargo Signs Pick A Pay Settlement For 2 Billion

Wells Fargo Home Mortgage has agreed to a settlement with the California Attorney General’s office that would pay restitution to more that 12,000 borrowers who  lost their homes to foreclosure. The loans that were provided to these borrowers were adjustable rate mortgages with low “teaser rates” that would allow them to qualify for the loan, but where the payments would skyrocket after the initial period. Additionally, the settlement will provide for loan modifications to 14,900 borrowers who are now struggling with payments on these types of loans.

Read the CNN Money article on this story in its entirety by clicking here.

Share this:

Like this:



Leave a Reply

Your email address will not be published. Required fields are marked *

Client Reviews
  • "My name is Emilio. When I was buying my property, I hired Mr William J Reinhardt Jr as my Real Estate Attorney, it was one of the best decision I ever made because he did everything in his power to make sure my purchase was successful. For example, The utilities bills left over by the person who owned the property before me. I said thank you to Bill for not allow me to pay these costly bills." - 5.0 stars | Posted by Emilio Bien Aime | October 1, 2019

  • "Mr. William Reinhardt Jr. is my lawyer for many years. My family and I bought and sold properties with his help and were very satisfied. I recommend Mr. Reinhardt to anyone. I give him a 5-star review." - 5.0 stars | Posted by Diana | September 19, 2019

  • "My husband and I loved working with William. He was very professional, efficient and went above and beyond to help us. We would HIGHLY recommend." - 5.0 stars | Posted by Leeann | September 13, 2019

Contact us

Quick Contact Form