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CNN — Hundreds of people had their homes foreclosed on because software used by wells fargo incorrectly denied them mortgage modifications. The embattled bank revealed the issue in a regulatory.
· A spokesman for Wells Fargo said the people whose homes were lost after being denied a modification may have been foreclosed on regardless.
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Hundreds of people had their homes.
· NEW YORK (CBSNEWS.COM) – 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.
CHARLOTTE, N.C. (AP) – Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications. The bank said in a.
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Earlier this year, Wells Fargo revealed that a software error in its mortgage underwriting system led to hundreds of unnecessary foreclosures,
· CHARLOTTE, N.C. (AP) – Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for.
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· Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications.
FBN’s Gerri Willis on a Wells Fargo computer glitch that led to hundreds of foreclosures. Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated.
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· Nearly 400 Wells Fargo customers lost their homes when they were accidentally foreclosed on after a software glitch denied them the ability.
July 17 (Reuters) – Los Angeles has sued US Bancorp, accusing a unit of the fifth-largest U.S. commercial bank of becoming one of its biggest slumlords and blighting the city by allowing hundreds of.