{"article":{"id":295426,"heading":"Wells Fargo Is Accused of Making Improper Changes to Mortgages","author":"nyt repost idVer:5dc7217bf603289d3447a69208e6","created":"2017-06-15 05:26:17","modified":"2017-06-15 05:26:17","last_modified":"Thu, 15 Jun 2017 12:26:17","article":"<a href=\"https:\/\/mobile.nytimes.com\/2017\/06\/14\/business\/wells-fargo-loan-mortgage.html\" rel=\"nofollow\">https:\/\/mobile.nytimes.com\/2017\/06\/14\/business\/wells-fargo-loan-mortgage.html<\/a> <br><br> Wells Fargo Is Accused of Making Improper Changes to Mortgages <br><br> Wells Fargo has been accused in lawsuits of significantly extending mortgage loan terms of customers in bankruptcy without their knowledge. <br>  <br> Max Whittaker for The New York Times <br><br> By GRETCHEN MORGENSON <br><br> June 14, 2017 <br><br> Even as Wells Fargo was reeling from a major scandal in its consumer bank last year, officials in the company&rsquo;s mortgage business were putting through unauthorized changes to home loans held by customers in bankruptcy, a new class action and other lawsuits contend. <br><br> The changes, which surprised the customers, typically lowered their monthly loan payments, which would seem to benefit borrowers, particularly those in bankruptcy. But deep in the details was this fact: Wells Fargo&rsquo;s changes would extend the terms of borrowers&rsquo; loans by decades, meaning they would have monthly payments for far longer and would ultimately owe the bank much more.\n","contact":"","link":"https:\/\/mobile.nytimes.com\/2017\/06\/14\/business\/wells-fargo-loan-mortgage.html","address":"","phone":"","parent_id":0,"mime_type":"text\/plain","summary":"Wells Fargo has been accused in lawsuits of significantly extending mortgage loan terms of customers in bankruptcy without their knowledge.","numcomment":0,"fileurl":"\/uploads\/","filesize":null,"article_url":"\/news\/2017\/06\/295426.php"},"attachments":[],"comments":[]}