The Court in the Northern District of California issued an Opinion, McLaughlin v. Wells Fargo Bank, NA, 2016 U.S. Dist. LEXIS 81358 (N.D. Cal. June 22, 2016), certifying this action to proceed as a class action on behalf of the following classes:
The following class is CERTIFIED under Rule 23(b)(3) to pursue damages only:
All borrowers with mortgages [*22] serviced and owned by Wells Fargo Bank, N.A. ("Wells Fargo") who, between June 23, 2014, and June 23, 2015, have received payoff statements which failed to disclose property insurance claim funds.
The following class is CERTIFIED under Rule 23(b)(2) to pursue declaratory relief only:
All borrowers with mortgages serviced and owned by Wells Fargo wherein Wells Fargo is holding property insurance claim funds on June 22, 2016.