AARP Brings Suit Against Wells, Fannie Mae in HECM Dispute
August 15, 2011
AARP and two law firms recently filed a class action in the U.S. District Court for the Northern District of California in San Francisco against Wells Fargo and Fannie Mae on behalf of reverse mortgage borrowers and their survivors in an attempt to keep Home Equity Conversion Mortgage foreclosures and evictions in the state at bay. …