Law and legal issues

Churchill Mortgage ESOP suit may pay out nearly 300

Former Churchill Mortgage employees moved one step closer to getting a $850,000 settlement approved by a federal court in Tennessee over claims that their employee retirement accounts were mismanaged.  The proposed settlement would dole out approximately $850 per class member and over $200,000 would be paid to attorneys representing plaintiffs. If approved, the deal would […]

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Wells Fargo sued for denying borrower COVID-19 loss mit

A North Carolina resident claims Wells Fargo denied her government-mandated COVID-19 loss mitigation options, which resulted in the forced short-sale of her house.The plaintiff, Marian Elgin, lost her job in 2020 due to the pandemic and applied for CARES Act forbearance, but was denied by the bank, litigation filed in a federal court in California

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