Wells Fargo CARES Act mortgage forbearance credit reporting (California) settlement
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.
- You could get
- 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.
- Payments
- Date passed, not confirmed Was due by the end of August 2026. Has it paid yet? See payment status.
Source
“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.”
From the administrator site: Official settlement site home page (A.B. Data). 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.
- Who can file
- Wells Fargo California mortgage put in CARES Act forbearance
Source
“all mortgagors with a mortgage on property located in California whose accounts were 'current,' who received a CARES Act forbearance on or after March 27, 2020, and whose accounts were reported as 'in forbearance' (or something similar) by Wells Fargo to a consumer reporting agency”
From the administrator site: Official FAQs (Long Form Notice text). Last compared Nov 7, 2026.
- Where
- California only
Source
“The "Settlement Class" or "Class" means the class as certified by the Court on February 5, 2024, which includes (a) all mortgagors with a mortgage on property located in California whose accounts were 'current,' who received a CARES Act forbearance on or after March 27, 2020, and whose accounts were reported as 'in forbearance' (or something similar) by Wells Fargo to a consumer reporting agency, and (b) are not the Judge assigned to this case.”
From the administrator site: Official FAQs (Long Form Notice text). Last compared Nov 7, 2026.
Quick answers
How much is the Wells Fargo CARES Act mortgage forbearance credit reporting (California) settlement payout?
Equal share of $56.85M.
Do I need to file a claim for the Wells Fargo CARES Act mortgage forbearance credit reporting (California) settlement?
No claim form. Payment is automatic. Checks are mailed automatically, with no claim form or proof. Cash your check within 90 days; after that it is voided.
When is the Wells Fargo CARES Act mortgage forbearance credit reporting (California) settlement payout date?
Was due by the end of August 2026.
Is the Wells Fargo CARES Act mortgage forbearance credit reporting (California) settlement legit?
The settlement administrator (the company that handles claims) 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.
Also ending this week
Related settlements
Confirm with the administrator before you act.
Case details
- Case
- Stoff v. Wells Fargo Bank, N.A.
- Court
- Superior Court of California, County of San Diego
- Case number
- 37-2020-00020808-CU-BT-CTL
- Administrator
- A.B. Data
- Official site
- www.caresactlitigation.com
- Settlement fund
- $56,850,000
- Full payout terms
- Equal share of a $56.85 million fundAn equal share of the net settlement fund: the net amount divided by the number of class members, after fees, expenses, service awards and administration costs.
- States
- California
Other dates
- Objection deadline
- (passed) source document
- Final approval hearing
- (passed) source document
- Final approval granted
- 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. Source: court record
The court’s exact words
The "Settlement Class" or "Class" means the class as certified by the Court on February 5, 2024, which includes (a) all mortgagors with a mortgage on property located in California whose accounts were 'current,' who received a CARES Act forbearance on or after March 27, 2020, and whose accounts were reported as 'in forbearance' (or something similar) by Wells Fargo to a consumer reporting agency, and (b) are not the Judge assigned to this case.
Quoted from the official notice. Read the notice for the full definition.
You may be included if your Wells Fargo mortgage on California property was current and got CARES Act forbearance from March 27, 2020.
It covers only accounts that Wells Fargo reported to a credit bureau as 'in forbearance' (or something similar).
Sources and checks (5)
Every fact people act on was copied from the official source and compared with it. How we check
- Official settlement site home page (A.B. Data) administrator site
- Official FAQs (Long Form Notice text) administrator site
- 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) court record
- Order preliminarily approving settlement, file-stamped January 9, 2026 (copy on the official site) court record
- Notice of Proposed Settlement of Class Action (official site) administrator site
What changedLast change Nov 5, 2026
- Payment page now says the administrator's stated date (the end of August 2026) has passed and its site has not said whether payments went out. source document
- Payment-status page created. The court approved the settlement on June 10, 2026, and the administrator says it will mail a check to each class member by the end of August 2026. source document
Questions
I already filed. What now?
There is no claim form, so there was nothing to file. The administrator pays class members automatically, usually after final approval and any appeals. Never pay anyone to check on a payment.