FOR IMMEDIATE RELEASE
Wantagh, New York
Wells Fargo disclosed that it illegally foreclosed on 400 families after denying modifications to qualified homeowners.
“Between April 2010 and October 2015, a malfunctioning Wells Fargo tool miscalculated whether homeowners would qualify for a federally-backed program to modify mortgage payments and keep their homes.”
https://www.marketwatch.com/story/wells-fargo-may-have-accidentally-foreclosed-on-400-homeswhat-youshould-do-in-a-similar-situation-2018-08-07
“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.”
https://money.cnn.com/2018/08/04/news/companies/wells-fargo-mortgage-modification/index.html
If your mortgage was with Wells Fargo and your application for a loan modification was improperly denied and you lost your home, you may be entitled to compensation.
Are you a homeowner whose home was foreclosed by Wells Fargo between 2010 and 2015? If you answered yes, contact LaMonica Herbst & Maniscalco, LLP. We will review your file and help you determine if you are entitled to compensation from Wells Fargo. Wells Fargo has already allocated money in a fund and has a mediation process to work through these issues.
Contact:
LAMONICA HERBST & MANISCALCO, LLP
Joseph S. Maniscalco, Esq.
Melanie A. FitzGerald, Esq.
3305 Jerusalem Avenue, Suite 201
Wantagh, New York 11793
(516) 826-6500
