Thursday 5 October 2017

Wells Fargo wrongly hit homebuyers with fees to lock in mortgage rates

Wells Fargo wrongly hit homebuyers with fees to lock in mortgage rates

Wells Fargo is in trouble once again -- this time for fees charged to customers trying to nail down a mortgage. The scandal-ridden bank said on Wednesday that some mortgage borrowers were inappropriately charged for missing a deadline to lock in promised interest rates, even though the delays were Wells Fargo's fault.
Read more: http://money.cnn.com/2017/10/04/investing/wells-fargo-mortgage-rate-lock-fees/index.html?source=Snapzu

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