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Keller Rohrback Investigates Latest Wells Fargo Scandal: Customers Foreclosed on After Computer "Glitch"
[December 17, 2018]

Keller Rohrback Investigates Latest Wells Fargo Scandal: Customers Foreclosed on After Computer "Glitch"


Attorney Advertising. Wells Fargo (News - Alert) recently sent letters to home mortgage customers apologizing for a "faulty calculation" that caused qualified borrowers, who were part of the Home Affordable Modification Program (HAMP), to be improperly rejected or not offered a loan modification. Because of this glitch in Wells Fargo's software program, hundreds of people unnecessarily lost their homes and may have had their credit scores negatively impacted.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181217005869/en/

Keller Rohrback Investigates Latest Wells Fargo Scandal: Customers Foreclosed on After Computer

Keller Rohrback Investigates Latest Wells Fargo Scandal: Customers Foreclosed on After Computer "Glitch" (Photo: Business Wire)

Wells Fargo's letters to customers say, "When you were considered for a loan modification, you weren't approved, and now we realize that you should've been. We based our decisions on a faulty calculation, and we're sorry. If it had been correct, you would have been appoved for a trial modification."



Keller Rohrback-a leading consumer protection law firm that was the first firm to bring a class action lawsuit against Wells Fargo over its practice of opening unauthorized deposit and credit accounts-is now investigating claims people who were affected by these modification denials may have against Wells Fargo.

"It appears that this 'glitch' caused tremendous hardship to hundreds of people, unnecessarily forcing them from their homes," said Matthew Preusch, an attorney at Keller Rohrback L.L.P. "Wells Fargo needs to be held fully accountable for this alleged practice."


If you went through the foreclosure process between April 2010 and October 2015, and recently received a letter from Wells Fargo apologizing for denying you a loan modification, contact attorney Matthew Preusch at 800-776-6044 or via email at [email protected] to discuss your concerns and potential legal claims.

About Keller Rohrback L.L.P.

With offices in Seattle, Phoenix, New York, Santa Barbara, Oakland, and Missoula, Keller Rohrback serves as lead and co-lead counsel in class actions throughout the country. Our Complex Litigation Group is proud to offer its expertise to clients nationwide, and our trial lawyers have obtained judgments and settlements in excess of $23.25 billion.

Attorney Advertising. Prior results do not guarantee a similar outcome. Not licensed to practice law in all states. Please refer to www.krcomplexlit.com for details.


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