There Was A Glitch: Hundreds of people had their homes foreclosed on after software used by Wells Fargo incorrectly denied them mortgage modifications

(CNN) Wells Fargo said the computer error affected “certain accounts” that were undergoing the foreclosure process between April 2010 and October 2015, when the issue was corrected.

About 625 customers were incorrectly denied a loan modification or were not offered one even though they were qualified, according to the filing. In about 400 cases, the customers were ultimately foreclosed upon.

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