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Nearly 400 Customers Affected by Wells Fargo Software Glitch

Matt Boster

Viewed: 3201

Posted by: Matt Boster
Date: Aug 06 2018 7:48 AM

(WAFF) - Wells Fargo says almost 400 customers had their homes foreclosed on because software incorrectly denied them mortgage modifications.


The issue was revealed in a filing this week.


Bank officials say Wells Fargo has set aside $8 million to compensate customers impacted by the glitch.


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