Wells Fargo CARES Act mortgage forbearance credit reporting (California) settlement payment
Stoff v. Wells Fargo Bank, N.A.
Also known as Wells Fargo forbearance credit reporting; CARES Act forbearance settlement; Wells Fargo mortgage California
The lawsuit said Wells Fargo reported CARES Act forbearances to credit bureaus in a way the law did not allow.
Copied from the official notice. Last compared Nov 7, 2026.
- Payments
The administrator said payments would go out by the end of August 2026. That date has passed, and its site has not said whether payments went out. Here is what it says:
Source
The administrator’s statement is quoted in full on this page.
From the administrator site: Official settlement site home page (A.B. Data). Last compared Nov 7, 2026.
- Court approved
- Jun 10, 2026From the court order we read.
Source
“JUN 10 2026 ... Clerk of the Superior Court ... IT IS SO ORDERED.”
From the court record: Order Finally Approving Settlement and Judgment, San Diego Superior Court No. 37-2020-00020808-CU-BT-CTL, file-stamped June 10, 2026 (copy on the official site). Last compared Nov 7, 2026.
- Claims
- No claim form needed
Source
“Settlement Share checks will be mailed to Class Members without the need for claim forms or documentary proof. Class Members will have 90 days to cash the Settlement Share checks, after which the checks will be voided.”
From the administrator site: Official FAQs (Long Form Notice text). Last compared Nov 7, 2026.
- Typical amount
- Equal share of $56.85M
Source
“Equal share of a $56.85 million fund”
From the administrator site: Official FAQs (Long Form Notice text). Last compared Nov 7, 2026.
The Settlement Administrator will mail a check to each Class Member for their pro rata share of the Net Settlement Fund by the end of August 2026.
This is the administrator's schedule, in its own words. We have not seen it confirm that payments were issued.
The court approved the settlement on Jun 10, 2026. That was 151 days ago.
Where it stands
- No claim form needed
- Court approved Jun 10, 2026 (current stage)
- Distribution ordered
- Payments issued
We do not promise a payment date. This page shows only what the court and the settlement administrator (the company that handles claims) have said. Full facts and deadlines are on the settlement page.
Confirm with the administrator before you act.
How long payment has taken in other cases
First payments were issued 52 to 875 days after final approval, based on 15 settlements. Half were paid within 119 days. 1 of the 15 waited on appeals after approval.
This is a small sample and a pattern, not a prediction. Your settlement can be faster or slower. This one is at day 151 since approval.
What would change this
- The administrator posts a payment date or says payments have started.
- The court issues a distribution order.
- Someone appeals the approval, which can delay payment.
- A court order changes the amount or the schedule.
How we’ll update
We change the status only when the administrator makes a statement or the court issues an order. We look at the official site and the court docket regularly. Every change is dated in the update log on the settlement page. Last change: Nov 5, 2026.
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From the court record
| Final approval granted | Jun 10, 2026 Source: court record From the court order we read.From the signed Order Finally Approving Settlement and Judgment, file-stamped June 10, 2026 by the Clerk of the San Diego Superior Court, read on the official site; the home page gives the same date. |
|---|---|
| Distribution order | not stated |
Questions
Is this settlement legitimate?
The administrator is A.B. Data, and the official site is www.caresactlitigation.com. Real notices point there; if a link in a message goes anywhere else, do not use it.
The official site never asks you to pay to file.
Who is covered?
Where: California. The class definition decides who is in.