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Wells Fargo mortgage payment fiasco: What to know about the bank’s latest scandal

23 Jul 2020

Wells Fargo customers looking for COVID-19 information reportedly had their mortgages placed into automatic forbearance.

If you have a mortgage with Wells Fargo, you’re going to want to check its current status ASAP. That’s because said mortgage may be in forbearance without you knowing about it, reports NBC News. A mortgage in forbearance could affect the owner’s credit options and their ability to refinance to take advantage of historically low rates right now.

Read the full article here.
This content was originally published by Fast Company. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Fast Company

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