Judge deals Wells Fargo another blow in mortgage scandal

Wells Fargo has not yet earned back the trust of New York Federal Judge Robert Drain.

The US Southern District Court judge ruled this week that a New York homeowner The Post profiled in August who fought back against the denial of a mortgage modification request by Wells Fargo — had the right to have a new loan-modification request reviewed.

Nyack, NY homeowner Mia Derosa argued that the bank’s August admission that a computer glitch wrongly denied hundreds of customers home-loan help meant that Wells Fargo might have made a similar mistake in January 2018 on her rejected loan-modification request on her existing $650,000 mortgage.

That became especially relevant since Derosa claims Wells Fargo earlier this year wrongly calculated her income.

 

Source: New York Post

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