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A Wells Fargo Error Led To 545 Mistaken Home Foreclosures - Latest News


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 over 100 ho... read more

Wells Fargo Computer Glitch Caused Hundreds of Mistaken Foreclosures

A Wells Fargo computer glitch (NYSE:WFC) has led to hundreds of mistaken foreclosures ... that a computer glitch is in part to blame for an error that reportedly led to 545 customers losing their home... read more

Wells Fargo error caused 545 customers to lose their homes

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

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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 with the Securities ... ultimately resulted in 545 foreclosures. The errors, whic... read more


Wells Fargo blames "computer glitch" for its improper foreclosure on 545 homes

According to Wells Fargo, a "computer glitch" caused the improper denial of 870 loan modification requests, which led to 545 foreclosures in which Wells Fargo customers lost their homes ... now said t... read more

How an error by Wells Fargo led to hundreds losing their homes

Wells Fargo says a computer glitch is partly to blame for an error affecting an estimated ... where they would have otherwise qualified.” About 545 of those customers ultimately lost their homes to fo... read more

Wells Fargo Glitch Results in Foreclosure of Homes

The bank noted that a computer glitch led Wells Fargo to deny mortgage customers with requests for repayment plans or loan modification in 870 cases. Due to the error, there were 545 homes that ... er... read more

'I begged them for help': Inside a Wells Fargo foreclosure nightmare

Foreclosures can be extremely painful ... from media reports they were among the approximately 545 homeowners who lost their homes because of an apparent software glitch with Wells Fargo's loan modifi... read more



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