Wells Fargo admits it incorrectly foreclosed on 545 homeowners it should have helped

Wells Fargo acknowledged Tuesday that, because of a calculation error, it had improperly foreclosed on 545 distressed homeowners after they asked for help with their mortgages.

Overall, 870 homeowners were denied help for which they qualified — with more than half losing their homes afterward, Wells Fargo said.

By Renae Merle

https://www.washingtonpost.com/business/2018/11/06/wells-fargo-admits-it-incorrectly-foreclosed-homeowners-it-should-have-helped/?utm_term=.baab3a920511