Wells Fargo Was Not Negligent In Denying Borrowers’ Loan Modification

Mealey's (September 23, 2022, 9:50 AM EDT) -- WHITE PLAINS, N.Y. — A federal judge in New York granted summary judgment in favor of Wells Fargo Bank NA, ruling that borrowers have failed to plead any viable claims against the mortgage lender that support their allegations that Wells Fargo was negligent in failing to approve the borrowers for a loan modification before foreclosure on their property due to a software problem....