Wells Fargo Blames Computer for Customers Losing Homes
A case in point for my friends that want the “Big Government” out, and to trust corporations as some inherently more fair entity. Tragic faith in partisan rhetoric. This my friends is what makes this anti government presumption so dangerous. without checks and balances, justice and fairness fail. Neglect hurts and kills at the bank, the VA, at the DMV and at private insurance claims adjustment offices.
Wells Fargo is blaming a computer glitch for more than 400 customers losing their homes between 2010 and 2015.
The bank revealed in regulatory filings last week that the technological error resulted in 625 customers being denied loan modifications, and about 400 costumers having their houses foreclosed on, CNN Money reported on Friday.