Lawyer’s Zoom hearing is a purr-fect storm tech glitch
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
ABA Journal Daily News
The task force is required as part of a $ 150,000 state grant to help deal with the city's ongoing problems with so-called “zombie properties.” Getting the program up and running has been delayed about two years because of issues with software the city's Code Enforcement office is using to implement it. The city spent […]
A glitch by Wells Fargo has led to hundreds of mistaken foreclosures, which means that more than 500 of the bank's customers lost their homes. The financial institution said that a computer glitch is in part to blame for an error that reportedly led to 545 customers losing their homes. Foreclosure News
Financially strapped, Jose Aguilar said it felt as though he'd let his family down in 2015 when Wells Fargo foreclosed on his mortgage , but his disappointment redoubled earlier this year when the bank sent him a letter that said a system glitch that he says caused him to lose his home of four years. […]
Wells Fargo says a computer glitch is partly to blame for an error affecting an estimated 545 customers who lost their homes. The giant bank filed papers with the Securities and Exchange Commission last month, revealing it incorrectly denied 870 loan modification requests. Foreclosure News
Jose Aguilar was shocked, but also angry, when he received a letter of apology earlier this fall from Wells Fargo. Aguilar and his family lost their home in Chittenango, N.Y., in 2015 after trying time and again to get a mortgage modification from Wells. Foreclosure News
Wells Fargo said in a filing on Tuesday that an expanded review found additional “errors” that inflated estimates of attorneys' fees for homeowners in the foreclosure process. Legal fees are taken into account when banks determine if customers qualify for mortgage modifications or repayment plans. Foreclosure News
A New York homeowner last week fought back against the denial of a mortgage modification by Wells Fargo – using as a cudgel in the bitter spat the bank's admission just weeks earlier that a computer glitch wrongly denied hundreds of customers home loan help . The move by Mia Derosa is the first known […]