Ryder, et al. v. Wells Fargo Bank
Ryder WF Settlement
Case No. 1:19-cv-00638

Welcome to the Ryder et al. v. Wells Fargo Bank Settlement Website

If Wells Fargo sent you a letter stating that it mistakenly denied you a trial loan modification and you did not lose your home to foreclosure by Wells Fargo, you could get a payment from a class action settlement.

Important Update:
The Court held the Fairness Hearing on Tuesday, January 25, 2022 and issued an Order approving the Settlement. The Order can be viewed on the Important Documents page here.

Checks were mailed to eligible class members on March 15, 2022. If your address has changed, please contact the Settlement Administrator in writing to update your address.

What Is This Lawsuit About?

The settlement resolves a lawsuit over whether Wells Fargo violated the law by wrongfully refusing or failing to offer trial loan modifications because of this calculation error. Wells Fargo publicly acknowledged the discovery of the calculation error and has sent letters and checks to affected borrowers. Although Wells Fargo acknowledges the error, it denies that it has any further liability or that the erroneous calculations of trial payment plans caused any related damages.

Wells Fargo Bank, N.A. (“Wells Fargo”) has agreed to pay $12 million to settle a class action lawsuit on behalf of borrowers who should have been offered a trial loan modification but were not due to a calculation error. The settlement applies only to those borrowers whose homes were not foreclosed upon by Wells Fargo.

Class counsel will seek up to $2,719,093 in attorneys’ fees, reimbursement of up to $65,000 in litigation expenses, and payments of up to $17,000 to the Class Representatives. Wells Fargo has agreed to pay these amounts separate from and in addition to the $9,098,907 that will be distributed to class members.

Who Is Included?

You are a member of the Class if the calculation error caused Wells Fargo not to offer you a trial loan modification (even though you qualified for one) but Wells Fargo did not foreclose upon your home. You likely received a letter from Wells Fargo in 2019 or 2021 regarding the error, and the Parties believe based on Wells Fargo’s records that you are likely a class member.

The Court’s description of the Class is as follows:

All persons in the United States who between 2010 and 2018 (i) qualified for a home loan modification or repayment plan pursuant to the requirements of government-sponsored enterprises (such as Fannie Mae and Freddie Mac), the Federal Housing Administration (FHA), the U.S. Department of Treasury’s Home Affordable Modification Program (HAMP); (ii) were not offered a home loan modification or repayment plan by Wells Fargo because of excessive attorneys’ fees being included in the loan modification decisioning process; and (iii) whose home Wells Fargo did not sell in foreclosure.

How Do I Participate?

You do not need to do anything. Your settlement payment will be mailed to you automatically after any appeals are resolved, unless you excluded yourself from the settlement. If your address changes, please let the Settlement Administrator know your new address.


DO NOTHING Get a payment. Give up rights.
November 29, 2021 - Passed
Write to the Court about why you don’t like the settlement. The deadline for submitting a written objection is November 29, 2021.
November 29, 2021- Passed
Get no payment. This is the only option that allows you to ever be a part of another lawsuit against Wells Fargo about the legal claims in this case. The deadline to exclude yourself is November 29, 2021.
January 25, 2022 - Passed
Ask to speak in Court about the fairness of the settlement. The Court will hold a Final Fairness Hearing on January 25, 2022. 



These rights and options — and the deadlines to exercise them — are explained in the notice.

The Court in charge of this case has decided to approve the settlement. Payments will be made after appeals are resolved, if any. Please be patient.

For More Information

Visit this website often to get the most up-to-date information.

Ryder WF Settlement Administrator
c/o JND Legal Administration
PO Box 91345
Seattle, WA 98111