AARP Files Class Action Lawsuit Against Fannie, Wells Fargo
August 19, 2011
AARP has filed a class action lawsuit against Wells Fargo Bank and Fannie Mae in the U.S. District Court for the Northern District of California in San Francisco on behalf of reverse mortgage borrowers and their survivors in what it says is an attempt to head off illegal Home Equity Conversion Mortgage foreclosures and evictions.
It will be the 11th issuance of its type by loanDepot.
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