Wells Fargo: Mistake contributed to hundreds of foreclosures

The error may have pushed hundreds of vulnerable families into home. The Calculator That Helped Land Men on the Moon. Furthermore, some 400 of those affected customers eventually lost their homes to foreclosure.. Wells Fargo has tried to downplay the error, both in why it took so long to find,

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De to a calculation error, Wells Fargo says it improperly foreclosed on 545. help to hundreds of homeowners after fees charged by foreclosure.

Hundreds of people had their homes foreclosed. Department announced Wells Fargo agreed to pay a $2.1 billion fine for issuing mortgage loans it knew contained incorrect income information. The.

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.

Wells Fargo will close its downtown Easton location. And on Friday, the company said a mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage.

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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 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.

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Wells Fargo Says Mistake Led to Hundreds of ForeclosuresWells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage. Schatz Demands More Answers From Wells Fargo On Mistake That Caused Hundreds Of People To Lose Their Homes.

Wells Fargo said the software mistake miscalculated customers’ eligibility for mortgage modifications. The error caused about 625 customers to be denied loan modifications they sought from a federal.

MIAMI (CBSMiami/AP) — Wells Fargo says a company mistake contributed to hundreds of foreclosures because it miscalculated customers’ eligibility for mortgage modifications. Wells Fargo said.

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.