wells 02Veteran, wife sue Wells Fargo in foreclosure fight

 

This is a wvrecord.com article.

 

MORGANTOWN — A wounded veteran and his wife are seeking damages from Wells Fargo over what they claim was an aggressive pursuit of foreclosure by the bank.

Donald R. Manning and Kimberly D. Manning filed a lawsuit on Jan. 8 in Monongalia Circuit Court against Wells Fargo Bank NA, doing business as Wells Fargo Home Mortgage, claiming the bank breached their contract, failed to provide pertinent details of the plaintiffs’ account, refused and returned payments made by plaintiffs, and unfairly tried to collect on payments.

The plaintiffs allege that they entered into a loan agreement on or about June 23, 2005, with an initial principal balance of $94,400 for the property and land at 341 Blacks Run Road in the unincorporated West Virginia community of Core. The note and deed of trust for the subject loan allegedly contains a contractual guaranty by the U.S. Department of Veterans Affair which requires that defendant Well Fargo comply with regulations and laws governing VA-guaranteed loans.

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