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The bank denies allegations in lawsuits that it changed the loan terms of. A spokesman for Wells Fargo, Tom Goyda, said the bank strongly denied the claims. “Modifications help customers stay in their homes when they. or homeowners' insurance costs that are folded into monthly mortgage payments.
As it moved to seize home, bank never told widow her loan was insured Insurance can play a big part in wrongful foreclosure cases. Surviving family members often don’t know there is insurance available to them, and lenders don’t make claims when they should.
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