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Monday, April 15, 2024 | Back issues
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Wells Fargo

Reversing, a California appeals court found that Wells Fargo’s mortgage modification contract was ambiguous, as the borrower claims, about the bank’s ability to demand a balloon payment after completion of the temporarily lowered mortgage payments.

AUBURN, Calif. — Reversing, a California appeals court found that Wells Fargo’s mortgage modification contract was ambiguous, as the borrower claims, about the bank’s ability to demand a balloon payment after completion of the temporarily lowered mortgage payments.

Categories / Appeals, Business, Consumers, Financial

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