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Wells Fargo Awarded Summary Judgment In Lending Law Action

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NEW YORK - A federal judge in New York on March 20 awarded summary judgment to Wells Fargo Bank, N.A., after finding that a woman cannot seek rescission from her mortgage loan for alleged violations of the Truth in Lending Act (TILA) because she was unable to show that she could tender the remaining principal balance on the loan (Panchita J. Nunes v. Wells Fargo Bank, N.A., No. 10-CV-1270, E.D. N.Y.; 2013 U.S. Dist. LEXIS 38769)....(read more)

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