Wells Fargo erroneously foreclosed on 545 borrowers, quarterly filings reveal

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Wells Fargo erroneously foreclosed on 545 borrowers, quarterly filings reveal

wells fargo

Tucked away in Wells Fargo’s third quarter filings with the Securities and Exchange Commision was news that the bank incorrectly denied 870 loan modifications and wrongly foreclosed on 545 agency borrowers between 2010 and 2015. The news is yet another blemish on Wells Fargo's customer service record.

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