New Orleans In the depths of the Great Recession it is still shocking to see how oblivious and irresponsible Wells Fargo manages to be every time we turn our heads they seem to be competing with Bank of America for which bank has been most irresponsible in this mess. Now we see that part of …
Category: Foreclosure
More Mess on Securitization Foreclosures
New Orleans The top court in Massachusetts has now served notice on more pervasive foreclosure fraud in Wall Street’s securitization pools. The court turned back two foreclosures as nothing more than grave dancing by US Bancorp and Wells Fargo, since they could not prove that they actually owned the title when they pulled the plug …
Widespread Fraud at Bank of America
Orange Beach, Alabama Better late than never, the Attorney Generals of Nevada and Arizona sued Bank of America for “widespread fraud” on the bait and switch of promising that a loan modification is in progress and then foreclosing and selling the house out from under the homeowner at the same time. The Times and the …