Wells Fargo Claims Computer Glitch Caused Hundreds of Wrongful Foreclosures

4 December 2018 – Wells Fargo says a computer glitch is partly to blame for an error affecting an estimated 545 customers who lost their homes. The giant bank filed papers with the Securities and Exchange Commission last month, revealing it incorrectly denied 870 loan modification requests. About 60 percent of those homeowners went into foreclosure.

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