Wells Fargo: Mistake contributed to hundreds of foreclosures

Wells Fargo whistleblower speaks out Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications.

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Wells Fargo Admits It Foreclosed on Hundreds of Homes After a Software Glitch. Wells Fargo said the computer error affected “certain accounts” that. based on incorrect income details, contributing to the 2008 financial.

2018-10-03  · Foreclosures ; Wells Fargo: Mistake contributed to hundreds of foreclosures.. Wells Fargo Fined $185 Million For Improper Account Openings.

CHARLOTTE, N.C. (AP) – Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications.

Wells Fargo: Mistake Contributed to Hundreds of Foreclosures. Foreclosures were completed in about 400 of the cases. RELATED: Wells Fargo to Pay $2.1 Billion for Role in Housing Bubble The customers had been using federal programs that helped families at risk of losing homes. Spokesman Tom Goyda says there’s no breakdown of where the foreclosures occurred.

According to Wells Fargo, a "computer glitch" caused the improper denial of 870. requests, which led to 545 foreclosures in which Wells Fargo customers lost. " Dear Jose Aguilar," it read, "We made a mistake. we're sorry.. Wells Fargo computer glitch blamed as hundreds lose their homes [CBS News].

Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications, per the AP. The bank said in a filing Friday.

Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications.

Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications.

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Wells Fargo says hundreds lost homes after computing 'error'. a "calculation error" in its mortgage loan modification underwriting tool led to.

CHARLOTTE, N.C. – Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications. The bank said in a filing.

CHARLOTTE, N.C. (AP) – Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications.

Wells Fargo sent a $25,000 check, an amount that Aguilar saw as inadequate. ” To me, it's a slap in. Aguilar is one of hundreds of homeowners that Wells has identified as victims of a calculation error involving foreclosure attorneys' fees. He took the $1.9.. Kate Berry contributed to this story. print reprint.