Wells Fargo Bank, N.A. v. Nationwide Mortgage Bankers, Inc.

  1. April 12, 2023

    Lender Must Face Wells Fargo's $1.2M Mortgage Suit

    A Minnesota federal judge has decided that Nationwide Mortgage Bankers Inc. cannot escape a lawsuit from Wells Fargo alleging the lender breached its contract by not repurchasing mortgages.

  2. October 24, 2022

    Lender Says Wells Fargo's Mortgage Suit Is Too Vague

    Nationwide Mortgage Bankers Inc. asked a federal judge in Minnesota on Friday to dismiss a lawsuit from Wells Fargo Bank NA seeking $1.2 million for breach of contract over incurred losses on mortgages that Nationwide did not buy back, saying the bank did not specify how it breached a contract.

  3. September 08, 2022

    Wells Fargo Sues Lender Over $1.2M Mortgage Losses

    Wells Fargo Bank NA is suing Nationwide Mortgage Bankers Inc. in Minnesota federal court for roughly $1.2 million, claiming the company violated a loan purchase agreement when it sold Wells Fargo three mortgage loans that contained incorrect information and then refused to buy the loans back.