Wells Fargo Bank may have violated RESPA by failing to evaluate a California couple’s loan modification request within 30 days.
In addition, the couple may have suffered actual damages because of their alleged emotional distress from their four-year battle to obtain a fair review for modification of their West Covina property, a federal judge ruled recently.
Read on for more highlights from the opinion, including why Wells had to comply with Regulation X on a second completed modification application.
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