Link

Wells Fargo Denies Fraud In Force-Placed Insurance Case

Wells Fargo Denies Fraud In Force-Placed Insurance Case

Law360, New York (December 13, 2013, 2:09 PM ET) — Wells Fargo Bank NA asked an Illinois federal judge on Thursday to toss a proposed class action brought by mortgage borrowers alleging it made kickbacks off force-placed insurance policies, arguing it had fully disclosed it would earn commissions from the policies and there was no proof its actions were unjust.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s