Settlement Reached In Suit Alleging Consumer Fraud In Loan Modification Row

Mealey's (July 12, 2023, 12:36 PM EDT) -- CHICAGO — A jury trial in an Illinois federal court has ended after Wells Fargo NA and a couple agreed to settle claims that the lender violated an Illinois consumer fraud statute by failing to provide the borrowers with a loan modification under the Home Affordable Modification Program (HAMP) before foreclosing on their home....