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A Wells Fargo Error Led to 545 Mistaken Home Foreclosures

A “calculation error” in Wells Fargo’s underwriting tool led to 545 mistaken home foreclosures over the past eight years, the bank announced Tuesday. The latest government filing adds well ... read more

Wells Fargo reveals software error led to hundreds of faulty foreclosures

And of those roughly 625 customers, approximately 400 of them lost their homes via ... But the error led to more than 800 incorrect mortgage modification denials and 545 subsequent foreclosures. In it... read more

Wells Fargo error caused 545 customers to lose their homes

Wells Fargo improperly foreclosed on 545 ... foreclosure. That miscalculation led the bank to improperly deny loan modifications for 870 homeowners — most of whom ended up losing their homes ... read more

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Wells Fargo uncovers 250 more customers affected by mortgage miscalculations

The bank attributes the issue to "an automated calculation error." That error led to an overstatement of ... and the Federal Housing Administration. Wells Fargo now estimates home foreclosures occurre... read more


Wells Fargo says its error cost hundreds more people their homes than first thought

Wells Fargo said Tuesday that an internal error cost hundreds more people their ... As a result, about 545 of those customers lost their homes to foreclosure, Wells said in a securities filing. A spok... read more

Wells Fargo mortgage errors up to 870

Wells Fargo said Tuesday that an internal error cost hundreds more people their ... As a result, about 545 of those customers lost their homes to foreclosure, Wells said in a securities filing. A spok... read more

Wells Fargo software error led to hundreds of home foreclosures

Wells Fargo disclosed that a software error contributed to hundreds of their customers losing their homes. In a filing ... ultimately resulted in 545 foreclosures. The errors, which were ... read more

Wells Fargo Says Its Errors Cost More People Their Homes Than First Thought

06--Wells Fargo said Tuesday that an internal error cost hundreds more ... As a result, about 545 of those customers lost their homes to foreclosure, Wells said in a securities filing. read more



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