A former Wells Fargo & Co. mortgage banker in Beverly Hills, California, has sued the company alleging he was unjustly fired for his actions in the rate-lock scandal.
The federal lawsuit was filed this week in Los Angeles by David Eghbali, who had been one of the bank’s top loan originators before he was fired in 2015.
But Eghbali, himself, had previously settled with the Consumer Financial Protection Bureau allegations he shifted fees between borrowers in order to close more loans.
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From:: Financing