Wells Fargo Sued For Entering Borrowers Into Nonconsensual Forbearance Plans

(August 3, 2020, 4:19 PM EDT) -- HARRISONBURG, Va. — A man on July 23 filed a class action against Wells Fargo & Co. and Wells Fargo Bank N.A. in federal court in Virginia, accusing the mortgage servicer of entering him and other similarly situated borrowers into forbearance plans under the Coronavirus Aid, Relief and Economic Security (CARES) Act without their consent, causing them to suffer damage to their credit scores and impairing their ability to open new lines of credit (Gerald Forsburg v. Wells Fargo & Co., et al., No. 20-cv-46, W.D. Va.)....