Silver Spring Woman Awarded More Than a Million From Mortgage Co. That Saddled Her With Unaffordable Loan

From Washington Business Journal

A Montgomery County jury believes that Wells Fargo locked Kimberly Thomas into a home loan she couldn’t afford.  They’ve convicted the lender, Wells Fargo, of fraud, negligence and other charges for inflating Thomas’ income and assets on her mortgage application and then locking her into a bigger loan than she had applied for.  And it’s awarded Thomas $1.25 million.

This entry was posted on Monday, August 18th, 2008 at 8:12 pm and is filed under County-wide, Silver Spring. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Silver Spring Woman Awarded More Than a Million From Mortgage Co. That Saddled Her With Unaffordable Loan”

  1. Silver Spring Woman Awarded More Than a Million From Mortgage Co … Says:
    August 18, 2008 at 9:30 pm | Reply

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