Lawsuit Investigation: Did Wells Fargo Send Illegal Notice of Default Letters? 

Last Updated on July 2, 2025

Investigation Complete

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At A Glance

This Alert Affects:
Anyone who fell behind on mortgage payments and then received a letter from Wells Fargo concerning their non-payment.
What’s Going On?
Attorneys have reason to believe the mortgage servicer sent out “notice of default” letters that may have falsely implied that homeowners’ loans would be accelerated – meaning the full amount of the mortgage would be due – if they failed to pay the money they owed within a certain time frame. If so, it’s possible a class action lawsuit could be filed over possible violations of federal debt collection law.
How Could a Lawsuit Help?
If filed and successful, a class action lawsuit could help consumers recover money and force Wells Fargo to stop including potentially misleading statements in its letters to borrowers.