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Judge Dismisses Wells Fargo From Suit Over Refinanced Mortgage

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NEW YORK - A federal judge in New York on April 22 dismissed Wells Fargo Bank N.A. from a lawsuit accusing the lender of violating the Truth in Lending Act (TILA) when originating the refinancing of a couple's home mortgage and providing them with a home equity loan, but allowed the plaintiffs to add Deutsche Bank National Trust Co., the current holder of the loans, as a defendant (Isro Karakus, et al. v. Wells Fargo Bank, N.A., No. 09-cv-4739, E.D. N.Y.; 2013 U.S. Dist. LEXIS 57351)....(read more)

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