Lender, Loan Servicer’s Authority To Foreclose Bars Plaintiffs’ Claims, Judge Says

(May 8, 2020, 6:08 PM EDT) -- BOSTON — A federal judge in Massachusetts on April 13 awarded summary judgment to Wells Fargo Bank N.A. and a loan servicer in a lawsuit accusing them of wrongfully attempting to foreclose on a man’s mortgage loan, holding that the defendants did not violate the law when refusing to accept payments after he defaulted on the loan and that they have the authority to initiate foreclosure proceedings (Fritz Gabriel v. Wells Fargo Bank N.A., et al., No. 19-10630-NMG, D. Mass., 2020 U.S. Dist. LEXIS 63902)....