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Wells Fargo ordered to pay in wrongful foreclosure suit

Created: 03/07/2014 6:38 PM
By: Jen Samp, KOB Eyewitness News 4

$3.2 Million-- That's how much a judge is ordering Wells Fargo to pay a Rio Rancho family after a wrongful foreclosure on their home.

James Dollens was working at General Mills in Albuquerque four years ago when he fell off a catwalk and died.

If the news of his death wasn't enough his family had another battle on their hands with wells Fargo.

The bank was foreclosing on mortgage for James Dollens' home in Rio Rancho, regardless of an accidental death policy Dollens purchased before his accident.

“Even though the family and the insurance company had asked Wells Fargo to hold off until the insurance was paid they completely ignored and went ahead and wrongfully foreclosed,” said Katy Duhigg-Kennedy, an attorney for the Dollens' Estate says this is an unusually high award for a foreclosure, but the judge wanted to make an example out of Wells Fargo.

“Their actions were so bad that it justified a higher award basically to tell them to stop it,” Katy Duhigg-Kennedy said.

At the time of Dollens' death, he owed $125,000 on his mortgage.


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