Dismissal With Leave To Amend Granted In Wells Fargo Rate Lock Fees Suit

(March 8, 2024, 10:01 AM EST) -- OAKLAND, Calif. — A mortgagor who filed a putative class complaint against three Wells Fargo entities over rate lock extension fees (RLEF) charged to borrowers and later refunded failed to sufficiently allege misconduct, a federal judge in California ruled, granting Wells Fargo’s motion to dismiss with leave to amend....