Thread regarding Wells Fargo & Co. layoffs

Foreclosure computer Glitch?

I love the new transparent Wells Fargo

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| 941 views | | 3 replies (last February 17, 2020) | Reply
Post ID: @OP+13xb4gl3

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I feel bad for everyone that lost their home when they shouldn't have. I k kw several customers that fought it through the end. I really hope those identified are given some restitution.

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Post ID: @1six+13xb4gl3

Those poor people. No apology can ever make up for the pain and trauma of having your home yanked out from under you.

I hope they all get together and file a class action lawsuit. They were greatly harmed and deserve payback for what Wells Fargo did to them.

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Post ID: @iqm+13xb4gl3

Wells Fargo has identified 145 more customers whose homes were foreclosed on because of an apparent computer glitch.

The embattled bank first revealed a disastrous "calculation error" in its mortgage modification underwriting tool in August.

Wells Fargo (WFC) said in a filing on Tuesday that an expanded review found additional "errors" that inflated estimates of attorneys' fees for homeowners in the foreclosure process.

Legal fees are taken into account when banks determine if customers qualify for mortgage modifications or repayment plans. Wells Fargo said homeowners were not actually charged the inaccurate attorney costs.

This all seems legit since they settled with lawyers to avoid admitting to any wrongdoing

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Post ID: @ofb+13xb4gl3

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