Wells Fargo says hundreds of customers lost homes because of computer glitch

How do they stay in business?

Hundreds of people had their homes foreclosed on because software used by Wells Fargo incorrectly denied them mortgage modifications. The embattled bank revealed the issue in a regulatory filing this week and said it has set aside $8 million to compensate customers affected by the glitch.

Source: Wells Fargo says hundreds of customers lost homes because of computer glitch

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