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Senator says Wells Fargo remains ‘broken’
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Banking
Thursday, October 8, 2020
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Sen. Elizabeth Warren (D-Mass.) and other members of Congress have shed more light on Wells Fargo’s practice of placing borrowers into forbearance without their consent.
Wells Fargo customers in at least 14 states in July started to report that the bank had paused their mortgage payments under a program provided by the CARES Act, even though the customers had not asked and were not delinquent in their payments.
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