Wells Fargo reveals software error led to hundreds of faulty foreclosures

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    Earlier this year, Wells Fargo revealed that a software error in its mortgage underwriting system led to hundreds of unnecessary foreclosures, but now it appears the problem is even bigger than the troubled bank first thought. Wells Fargo revealed Tuesday that the problem actually affected hundreds of additional borrowers.

    Source: https://www.housingwire.com/rss/topic/55-servicing