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Wells Fargo standing by accuracy of foreclosure affidavits

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Full Deposition of Xee Moua – Wells Fargo Robosigner. – First reported by the Financial Times and now they were kind enough to share the depo below. Wells adds to crisis over home seizures. In a sworn deposition on March 9 seen by the FT, Xee Moua, identified in court documents as a vice-president of loan documentation for Wells, said she signed as many as 500 foreclosure-related papers a day on behalf of the bank.

Testimony won’t stop foreclosures at Wells Fargo – They have accused mortgage companies of violating state laws. wells fargo spokeswoman vickee Adams said the bank’s records show that its foreclosure affidavits are accurate, and that when its.

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WELLS FARGO BANK, N.A. vs. COOK, 87 Mass. App. Ct. 382 – Wells Fargo thereafter declared the loan in default, accelerated the payments due, and conducted a foreclosure sale. On April 16, 2012, Wells Fargo purchased the property at the foreclosure auction. Wells Fargo subsequently commenced a summary process action in the Boston Housing Court seeking to evict the Cooks.

Fitch Downgrades National City, Wamu, Others on Home Equity Concerns Pennsylvania mortgage foreclosure diversion program benefits servicers The Washington County Court of Common Pleas Mortgage Foreclosure Court began in May 2009 with the assistance of the southwestern pennsylvania legal services, Inc. The program requires plaintiffs in mortgage foreclosure cases to notify defendants of owner-occupied residences of the possibility of participation in this program.Bear Stearns Makes $1 Billion Bet on Continued Subprime Woes But early this year the fund’s performance began to suffer as the market for subprime. 1.25 billion. But the trouble at Bear Stearns’ hedge fund is another illustration of the danger facing funds.A.M. Best Co. has downgraded the financial strength ratings to “A” (excellent) from “A+” (superior) of the members of the Chicago-based CNA Surety Corp. cover any severity issues that may arise on.

Foreclosure Mess: More on BofA Foreclosure Freeze, Wells. – And from Jacob Gaffney at Housing Wire: Wells Fargo standing by accuracy of foreclosure affidavits The second largest servicer in the United States, Wells Fargo is not planning to review foreclosure affidavits in light of the robo-signer allegations at many of its competitors.

Wells Fargo foreclosures proceed | Local Business News. – Wells Fargo is standing by the accuracy of its foreclosure filings and won’t follow competitors in delaying seizures, despite an employeey’s testimony he signed documents for proceedings without.

JUDGE SCHACK: TOO GOOD TO BE TRUE! – blogspot.com –  · JUDGE SCHACK: TOO GOOD TO BE TRUE! J Schack: GAME OVER – HSBC FORECLOSURE, EVICTION AND LIS PENDENS DISMISSED WITH PREJUDICE. Thus, plaintiff HSBC lacked standing to commence the instant foreclosure action. Therefore, the assignment is defective and the instant action is dismissed with prejudice.. WELLS FARGO HOME MORTGAGE.

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Bank Accused of Pushing Mortgage Deals on Blacks – Another loan officer stated in an affidavit filed last week that employees. week show that more than half the properties subject to foreclosure on a wells fargo loan from 2005 to 2008 now stand.

Wells Fargo used robo-signers in foreclosures – With one out of every 245 Minnesota housing units in foreclosure during September, news has broken that Wells Fargo. Our affidavit procedures and daily auditing demonstrate that our foreclosure.

Wells Fargo Won’t Halt Foreclosures – Wells Fargo & Co. customers. will not halt foreclosures, despite the fact that an employee testified that she signed up to 500 documents a day without reading them. The company insists that its.

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