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Wells Fargo mortgages

Wells Fargo Computer Glitch Leads To Foreclosure of Nearly 400 Homes

According to a 10-Q filing with the U.S. Securities and Exchange Commission, Wells Fargo has set aside $8 million to compensate customers affected by an underwriting error. Approximately 625 borrowers qualified for mortgage loan modifications that may have improved their ability to make payments. Wells Fargo’s software denied these modifications, and approximately 400 of those

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