Wells Fargo Computer Glitch Forced Hundreds Of Foreclosures
PYMNTS
AUGUST 6, 2018
The report noted that the filing also disclosed that Wells Fargo is being investigated in formal and informal manners by a government agency or agencies into how it purchased federal low-income housing tax credits. The United States alleged that, in 2005, Wells Fargo began an initiative to double its production of subprime and Alt-A loans.
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