Magistrate Dismisses UCL, Other Claims In Mortgage Lending Dispute With Wells Fargo

Mealey's (September 9, 2019, 11:30 AM EDT) -- SAN JOSE, Calif. — A federal magistrate judge in California on Aug. 30 dismissed without leave to amend borrowers’ third amended complaint alleging that Wells Fargo Bank violated the Truth in Lending Act (TILA), California's unfair competition law (UCL) and California Homeowner Bill of Rights (HBOR), finding that the borrower has failed to cure the second amended complaint's deficiencies (Ronnie L. Townsend, et al. v. Wells Fargo Bank, N.A., No. 18-07382, N.D. Calif., 2019 U.S. Dist. LEXIS 148821)....