Wells Fargo: Mistake contributed to hundreds of foreclosures

Wells Fargo agrees to pay $175M settlement in pricing discrimination suit – The city alleged Wells fargo steered minorities into subprime loans, gave them less favorable rates than white borrowers and foreclosed on hundreds of Baltimore homes. devote our resources to.

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Wells Fargo: Mistake contributed to hundreds of foreclosures – 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 filing.

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Sloan says Wells Fargo has cleaned up its act. Congress begs to differ – “Wells Fargo. error led to hundreds of erroneous foreclosures. Sloan said the company has positioned thousands of employees to fulfill requirements of consent orders brought by regulators and.

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Wells Fargo Says Hundreds Of Customers Lost Homes Because. –  · Wells Fargo Says Hundreds Of Customers Lost Homes Because Of Computer Glitch. In June, Wells Fargo was accused by the federal Securities and Exchange Commission of using complex financial investments to take advantage of mom-and-pop investors. Wells Fargo, which neither admitted nor denied the SEC’s allegations, said at the time it “cooperated fully” with the SEC probe.

Wells Fargo: Mistake Contributed to Hundreds of Foreclosures – Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications.

Wells Fargo admits it incorrectly foreclosed on 545. –  · In this case, Wells Fargo said an internal review found the bank had denied help to hundreds of homeowners after fees charged by foreclosure attorneys were improperly used when the bank determined.

Wells Fargo apologizes after hundreds of customers lose their homes due to computer glitch’ – This week, a new regulatory filing revealed that hundreds of customers – 625 in total – were denied loans and, in many cases, foreclosed. Just last week, Wells Fargo was forced to pay $2.09 billion.

‘I begged them for help’: Inside a Wells Fargo foreclosure. – Wells Fargo eventually foreclosed on the home, forcing the couple to move their teenage son, give up three dogs and forfeit the equity they had built up in the house.

How a Wells Fargo Counting Error Cost Hundreds Their Homes –  · And finally, Wells Fargo didn’t do this off in some private corner. It was often working with government money to revamp these loans.

Wells Fargo’s whistleblower problem worsens – money.cnn.com –  · Wells Fargo’s whistleblower problem is getting worse. The bank may be forced to rehire a former branch manager who was fired shortly after calling the ethics hotline about fake accounts being.

Wells Fargo computer glitch blamed as hundreds lose their. – About 60 percent of those homeowners went into foreclosure.. Wells Fargo computer glitch blamed as hundreds lose their homes. “This is clearly more than just a simple computer mistake.

Wells Fargo customers lost homes due to glitch | WTVR.com –  · Hundreds of people had their homes foreclosed on after software used by wells fargo incorrectly denied them mortgage modifications. The embattled.

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