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Wells Fargo Mortgages Freddie Mac

Bilzin Sumberg

RMBS Litigation Relating to Loans Sold Prior to 2008: Are We Finally Nearing The End?

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The years since the 2007–2008 financial crisis have been marked with milestone settlements of claims against the major mortgage “aggregators” (sometimes also known as “investors” in the mortgage purchasing context), who then...more

Bilzin Sumberg

Wells Fargo Settles Mortgage Claims With FHFA For Close To $1 Billion

Bilzin Sumberg on

Add another mega-settlement to the rapidly growing list of huge payouts by the nation’s largest banks to federal agencies. Wells Fargo reportedly has now agreed to pay the Federal Housing Finance Agency (FHFA), which oversees...more

Bilzin Sumberg

Wells Fargo Settles Mortgage Buyback Litigation with Freddie Mac for $869 Million

Bilzin Sumberg on

As of June 30 of this year, Wells Fargo & Co., this nation’s largest mortgage lender, had received demands to repurchase $1.4 Billion out of the $343 billion of residential-mortgage loans Wells Fargo sold to Freddie Mac and...more

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