We have the honor of representing three people who lost their homes because they were unjustly denied a loan modification by Wells Fargo. One of those clients, Jose Aguilar, recently told his story to a reporter from American Banker, a financial industry trade journal: Jose Aguilar was shocked, but also angry, when he received a letter of apology earlier this fall from Wells Fargo. Aguilar and his family lost their home in Chittenango, N.Y., in 2015 after trying time and again to get … [Read more...] about DannLaw fighting for families who lost homes due to Wells Fargo computer “glitch”
Mortgage Fraud
DannLaw attorneys suspect troubled bank has understated number of victims, urges Wells borrowers who received loan modifications between 2010 and 2015 to seek legal advice. Earlier this year Wells Fargo revealed in an SEC filing that a “software glitch” caused the bank to improperly deny mortgage loan modifications to 625 homeowners between 2010 and 2015. At the time, Wells said it had set aside eight million dollars to compensate borrowers impacted by the mistake, including the 400 families … [Read more...] about Wells Fargo offering loan mod scandal victims lowball settlements, mediation instead of fair compensation
Last year, Edwardo Sanchez, a paralegal in DannLaw’s New Jersey and New York office became the first person in his family to graduate from college, an event he proudly shared on Twitter. His tweet was noticed and retweeted by none other than Bill Gates who told his 43.2 million followers that Edwardo’s story was an “amazing moment of hope and progress” in what had been a “really tough year.” I agree with Mr. Gates, Edwardo’s achievement gives us all hope that the American Dream is still … [Read more...] about Keeping the Dream Alive