Q: Can I join lawsuit on Wells Fargo??
Repeat foreclosure on my mother and I primary residence since divorce leading to quit claim deed and refinance in 2007. Then after my mother passed in 2016 Wells Fargo tried to foreclose on me when I made an attempt to negotiate about loan transfer, as I am beneficiary.
A: What is your question. The facts sound pretty grim
A: What us your question?
A: Multiple foreclosures don't necessarily mean the bank is doing anything wrong in trying to protect its interest. The mortgage documents may have restrictions on transfers in title to the property without the consent of the bank. Just because you inherited the property does not mean the bank has to consent to extending the mortgage to you. Normally the bank would not be foreclosing at all if it was receiving its regularly required payments and insurance was being maintained on the property. You should consult with a real estate litigation attorney to review the reasons for the foreclosure actions and discuss options.
A: In your question--leading up to the facts--you asked if you could "join (a) lawsuit on Wells Fargo" which triggered my thoughts enough to ask you for clarification:
Are you talking about suing Wells Fargo in a new action--or are you thinking about joining one of the (many) class actions filed against Wells Fargo in the past 15 years?
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