Loan Modifications news and trends

Wells Fargo Found More Customers Who Were Wrongly Foreclosed

November 06, 2018
Wells Fargo: More Wrongly Foreclosed Customers
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Wells Fargo Found More Customers Who Were Wrongly Foreclosed

November 06, 2018
Wells Fargo said Tuesday (Nov. 6) that an underwriting error internally prompted it to reject home loan modifications, which resulted in the bank foreclosing on more homes than planned. According to a report in Reuters, citing a filing with regulators, Wells Fargo said an expanded internal review at the bank found that 870 customers were […]