Wells Fargo: Mistake contributed to hundreds of foreclosures

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Thomas is one of thousands of Bay Area homeowners fighting in court to save their homes from a foreclosure system rife with mistakes, mismanagement and. and three banks – Bank of America, Wells.

“Tim Sloan's claims that Wells Fargo has seen the error of its ways flies in. Caused Hundreds Of Homeowners To Be Wrongly Foreclosed On,

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Wells Fargo admitted last week that a calculation error involving a mortgage underwriting tool caused over 620 customers to being incorrectly.

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.

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.

A man places a bank owned sign on top of a for sale sign in front of a foreclosed. said she called Wells Fargo more than 100 times to determine why she was not approved but never got an answer. She.

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Charlotte, N.C. – 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.

Wells Fargo is making things right for its customers, building a better banking. cases, foreclosed upon because a company computer glitch marked. portfolio of scandalous snafus that have contributed to the detriment of its customers.. to earn back the American people's trust by “fixing what went wrong,

How Wells Fargo Fraudulently Foreclosed on This Florida Homeowner. “David Stern made hundreds of millions of dollars representing banks in foreclosure lawsuits. [I'm] not sure what happened, where everything went wrong.. It turned out that the yellow brick road led many into foreclosure disasters.