A federal judge has ruled that Wells Fargo will face a class action lawsuit brought by homeowners in California who claim the bank failed to modify mortgages that the residents sought to change amid the foreclosure crisis caused by the recession . Tim Blood , who is representing the plaintiffs , said the bank " knew that all those issues would n't be handled in California " .
A US judge has ruled that Wells Fargo must face a class action lawsuit brought by homeowners in California who claim the bank failed to modify mortgages that the residents sought to change amid the foreclosure crisis unleashed by the recession. Tim Blood, who is representing the plaintiffs, said the bank "knew that all those loans wouldn't be handled in time".