Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.
This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
A proposed settlement has been reached in the Wells Fargo inspection fee class action lawsuit, resolving claims that Wells Fargo & Co. and Wells Fargo Bank, N.A. improperly assessed property inspections when a mortgage borrower allegedly fell behind on payments by 45 days or more and charged borrowers for that inspection.
Furthermore, the plaintiffs of the Wells Fargo class action lawsuit claim subsequent inspections of the mortgage property were also allegedly ordered every 25 to 35 days for as long as the borrower remained delinquent in payments.
Finally, the Wells Fargo inspection fee class action lawsuit claims the bank concealed these fees from by consumers by labeling them as “Other Charges” on mortgage statements.
The plaintiffs bring several claims against Wells Fargo in this inspection fee class action lawsuit, including violations of California’s Unfair Competition Law and violations of the Racketeer Influenced and Corrupt Organizations by improperly and illegally assessing and charging property inspection fees.
Wells Fargo denies all liability and wrongdoing in this inspection fee class action lawsuit, but has agreed to settle the case in order to avoid the uncertainty of further litigation and increasing court costs.
Per the terms of the Wells Fargo inspection fee class action settlement, Wells Fargo will pay $27,750,000 to establish a settlement fee to compensate eligible Class Members for damages allegedly incurred by Wells Fargo’s actions.
UPDATE: The Wells Fargo Inspection Fee settlement is currently under appeal. Claims will not be paid until all appeals are exhausted. We appreciate your ongoing patience. Top Class Actions will continue to provide updates as we learn more. Keep checking back and let us know when you receive a check in the comments section below or on our Facebook page.
Who’s Eligible
You are a Class Member of the Wells Fargo inspection fee class action lawsuit if you had a mortgage serviced by Wells Fargo and you allegedly owe or paid a bank assessed inspection fee between Aug. 1, 2004, and Dec. 31, 2013.
Potential Award
Varies. Calculations of each Class Member’s portion of the settlement will depend on which settlement category they fall into and how many Class Members choose to participate in the settlement.
Proof of Purchase
Postcard Notices of this Wells Fargo class action settlement will be mailed to eligible Class Members on or before Oct. 17, 2015.
If you are part of the group of Class Members who are part of the “Post Sale” category, then you will need a Claim Number and Control Number in order to submit an online claim form. A complete claim form must be submitted online or mailed in postmarked on or before March 16, 2016.
Claim Form Deadline
03/16/2016
Case Name
Young v. Wells Fargo & Co., Case No. 4:08-CV-507 RP-CFB, in the U.S. District Court for the Northern District of California.
Final Hearing
01/21/2016
UPDATE 2 on August 4, 2017: Appeals are resolved and the settlement became final and effective on June 12, 2017. According to a motion filed with the court on August 1, 2017. the settlement administrator is still working through the claims review and deficiency process. We appreciate your ongoing patience. Top Class Actions will continue to provide updates as we learn more.
UPDATE 3: On December 5, 2017, a motion to distribute settlement funds was filed. Please keep checking Top Class Actions for updates. We will let our viewers know as soon as the motion is approved by the court.
UPDATE 4: On December 7, 2017, the court approved the motion to distribute settlement funds to valid claimants. It is not known how quickly claims will be paid at this time. Top Class Actions will continue to provide updates as we learn more. Keep checking back and let us know when you receive a check in the comments section below or on our Facebook page.
Settlement Website
Claims Administrator
Wells Fargo Inspection Fee Settlement
c/o Garden City Group, LLC
P.O. Box 10106
Dublin, OH 43017-3106
(855) 382-6434
Class Counsel
SCOTT+SCOTT, ATTORNEYS AT LAW, LLP
REESE, LLP
Defense Counsel
SEVERSON & WERSON
FAEGRE BAKER DANIELS
ATTORNEY ADVERTISING
Top Class Actions is a Proud Member of the American Bar Association
LEGAL INFORMATION IS NOT LEGAL ADVICE
Top Class Actions Legal Statement
©2008 – 2024 Top Class Actions® LLC
Various Trademarks held by their respective owners
This website is not intended for viewing or usage by European Union citizens.
Honda, Hyundai, Kia, Subaru vehicle data collection class action lawsuit investigation
May 17, 2024 | Legal News
336 thoughts onWells Fargo Inspection Fee Class Action Settlement
I guess a category 5 will take me before I can recive any check
I haven’t received a check as of today. How do we find out when we will receive the check??
Ditto. I haven’t received a check either.
According to the court docket, there were several thousand deficient claims submitted and the settlement administrator is still working through the claims review process. No ETA on payment at this time.
Thank you
I got a letter but can’t get anyone to answer the phone settlement for Albert and Fonda Dixon fondasday@yahoo.com
We are getting $25.00.
How do you know how much you are getting??
BS. There’s no way. Wells Fargo had to pay out around $20-40 for unwanted calls to customers cellphones, so there’s no way that only $25 will be the amount.
I agree with you Joe!
The amount you get is either $1.00 , $5.00 or $12.00
It’s on the website
I got behind on my payments when my ex husband started stealing my money, they added the extra 300 dollars every month after that so I ended up having to pay almost a thousand dollars a month for a tiny little 2 bedroom house with their “added fee”. I ended up having to modify my loan with them and it canceled out all those years that I had already paid on my house, almost 13 years down the drain and starting back at 30 years with a higher percentage rate higher. I think I’ll get back maybe 100 dollars for what they did to me.
Anything new to report yet?
I got my big $ 50.00 What a disappointment as I thought the amount was much greater, and was listed on the original post card!. I paid more than that in fees that’s for sure!
When did you get it?
No one has received a check from the Wells Fargo Inspection Fee settlement yet.
I am pretty sure if we were going to receive anything from this class action it would have happened already. Next thing to come up on this case will be so and so doesn’t qualify for any money because of such and such so the lawyers can get paid . Nothing left over for payments to the people that got taken advantage of. These class action suits are a sham for sure. My husband just received a check from a stock market class action suit that he had invested in . Check was for $7.25… See what I mean. The lawyers make it sound like we are all going to get up to $25,000 not true at all.
Helo Topclass! Any updates? How much longer do you think we have to wait?
Class actions! What wil happen if I sell my property? Do I nee dto ge in contact with anyone?
Thank you!
You should contact the settlement administrator or class counsel with your questions. Because the settlement includes inspection fees that occurred between 2004 and 2013, it’s more than likely your status as a class member will not be affected if you sell your home. Counsel is listed in the article, and can be Googled for contact information. If you do move, be sure and update the settlement administrator with your new address. Good luck!
Did you ever get an answer?? Have you received your amount??
If I ripped some off like they did you can bet my #@*% would be in jail and paying back every dime but these #@&@* get away with a slap on the wrist and a pat on the back what’s wrong with this picture. And no one can do a @#%* thing about it, the class actions are a joke too because you never get back what you deserve. ??/ ??
I’m sure we would at least get the amount of money that we have paid them that they illeaglly charged us. So we should get back what we were ripped off for. RESTITUTION
Nope their were so many of us that we get back just a little bit, lawyers get a ton of money out of it though.