Wells Fargo computer glitch blamed as HUNDREDS lose their homes and the bank offers an apology - but no real explanation | WHAT REALLY HAPPENED


Wells Fargo computer glitch blamed as HUNDREDS lose their homes and the bank offers an apology - but no real explanation

Wells Fargo has revealed a computer glitch is behind an error that led to more than 500 customers losing their homes.

Last month the bank announced that an underwriting error had caused it to incorrectly reject some 870 home loan modifications, resulting in the bank foreclosing 545 homes.

The errors have left the banking community, legislators and, of course, the affected homeowners asking how this happened.

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