Lawsuit Investigation into Wells Fargo’s Interest Rate Buydown Offering

February 19, 2018

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At A Glance

This Alert Affects:
Anyone who took out a mortgage loan from Wells Fargo and opted for the bank’s “temporary payment reduction” or “rate buydown” feature.
What’s Going On?
Attorneys working with have reason to believe the bank is promising borrowers a lower interest rate in exchange for money up front – but isn’t holding up its end of the bargain. As a result, it’s believed that borrowers are paying more upfront and over the course of their loan than they would have had they stuck with the original rate.
What You Can Do
Attorneys working with are working to determine whether a class action lawsuit can be filed against Wells Fargo. But first, they need to hear from people who opted for the rate buydown. To get in touch and learn more about this investigation, fill out the form on this page.
What’s the Catch?
There is none! Attorneys have reason to believe Wells Fargo is being dishonest with its borrowers and want to help make things right.
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