Wells Fargo computer system glitch blamed as the hundreds dump their houses

Wells Fargo computer system glitch blamed as the hundreds dump their houses

Wells Fargo states a computer glitch is actually partly to be culpable for a mistake affecting a projected 545 users which missing their homes. Brand new monster bank registered paperwork into Ties and you may https://paydayloancolorado.net/dotsero/ Change Commission history times, sharing it improperly refuted 870 loan modification desires. Regarding the sixty percent of these homeowners ran into foreclosure.

Legislators, casing advocates, regulators and most significantly, the individuals exactly who shed their homes anyone for example Jose Aguilar is actually inquiring exactly how it occurred.

“It’s been quite difficult personally. It is some thing We would not should upon someone,” Aguilar informed CBS Information correspondent Anna Werner. (more…)

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