Stoff v. Wells Fargo Bank, N.A., (San Diego Superior Court), Case No. 37-2020-00020808

The Law Offices of Andrew J. Brown filed a class action complaint against Wells Fargo Bank for violations of the Consumer Credit Reporting Agencies Act and failure to comply with the CARES Act.  The Complaint alleges that the CARES Act required Wells Fargo to allow current borrowers to obtain a forbearance on their mortgages without penalty, and Wells Fargo was required to continue reporting the mortgages as “current”.  In violation of the CARES Act, Wells Fargo enacted a policy of designating “current” CARES Act forbearance accounts as “in forbearance.”