Comments on: Wells Fargo Loses Appeal Regarding Assignments

By: talktotennessee

talktotennessee — Sat, 17 Dec 2011 02:28:03 +0000

Of course the banks knew they were defrauding people, paying loan originators and mortgage brokers high dollar to ‘boost’ the type of loan product you received. The higher dollar yield the more was paid under the table or in commission to the brokers and originators who ‘sold’ the loan. This was the crime that so many fail to see and think people were just deadbeats on liar loans. Not so, Many of us had good credit scores and could have qualified for better loan terms but we were ‘sold out’ by our friendly mortgage broker. Often these terms were switeched at the closing table and people had a choice to walk out or accept the ‘deal’ offerred. Many did not know enough to walk out.
It makes me angry to think how many people were sold on the ARM when it was not necessary.
But the public has been brainwashed on the idea that the homeowner bought too much house on a liar loan and therefore deserves to be foreclosed on if default occurs.
In the case above, the court rightly denied the servicer standing because they did not ‘own’ the note and mortage at the time proceedings began. This is mere technicalities and does not address the fraudulent practices the banks engaged in or bogus documentation. It was a safe call on the part of the court.

By: shelly

shelly — Tue, 06 Dec 2011 20:08:16 +0000

In reply to Justice D.

HAVE YOU FOUND A LAWYER, BECA– USE I NEED ONE TOO. FOR THE SAME THING MY HO– USE PAID OFF IN 2006 THEN CHASE SOLD IT TO WELLS.

By: Kaumana Boy

Kaumana Boy — Tue, 30 Aug 2011 01:59:30 +0000

One part of the problem, the major part is that the servicer and the fed, insurance and investment industry participated in a process that erased the incomes and credit itegrity that was used to qualify us for the loans in the first place. There is no statement made in the mortgage that speaks to if lender parties to the agreement cause mortgagor to suffer loss and there should be. We didn’t cause the melt down – they caused it. I was looking at article 9 of the constitution that seems to have language that is usable however all parties to an agreement are supposed to be equal to the intent of that agreement. That is not what is happening now. I even added an addendum to my loan closing that Wells Fargo Mortgage and its assigns is not to be the loan servicer. I have had problems with WFB since 1984 and with WFM since pre 2005. I have contacted lawyers and have decided to go that route. Going “perse” seems like a faster way for now as I am past 60 with them and have to understand that all of these people have a paycheck to protect. Some of them even take my objections personally…how funny is that? Gotta love them anyways or the toxicity will poison me beyond where I am at now.

Told one of them (2 called today…different 2; one from modification and one from payment status) “I wouldn’t want to put on you what my wife and I are going thru now…mentally, emotionally, physically and spiritually” and she replied “I understand”. Then I asked her “Oh are you in the process of loosing your house now yourself?” I had to quit just after that cause there’s other things to do that are saner.

By: just tired

just tired — Thu, 26 May 2011 21:24:06 +0000

In reply to Justice D.

HAVE YOU FILED A LAWSUIT AGAINST THE BANK PRO SE…????/ IF I WERE YOU I WOULD FILE RIGHT AWAY FOR FRAUD/WRONGFUL FORECLOSURE….AND MAYBE THE COUNTY CLERK……………IF YOU ARE NOT WORKING …THEY SHOULD HAVE INDIGENT FORMS SO YOU WONT HAVE TO PAY THE FILING FEES…………………………..

By: more and more lies

more and more lies — Thu, 26 May 2011 05:32:23 +0000

In reply to Justice D. hi justice i do not know what state you are in but i feel your pain when the bank rape and do not get arrersted for it i do not undersdtand the mentality of our government entities to keep allowing this to go on. been through it. not your story exactly but the fraud and unable to get resolved. denied hamp by well in 2009 after losing my paper work and having to refax continuously. redefault after bo spill summer 2010. again wells fargo moves my file being reviewed out of review and then lose an important package of financial paper work sent Fedex. i guess they think we are "dumb" and did not count on me saving the tracking number and signee. then they deny my hamp loan again and put me in foreclosure all after telling me they could not help me unless i was in iminemt default. i have complained to the fla ag, local senator, and the OCC. nothing done. just slap on the wrist and my info foward to them. all they want to do is reapply me for a mod its to late property to much money ,underwater mod needed to done in sept when i was 3 months late. so this is their faullt their doing. a also have gone to the ocunty and their are no assignments, my 1st trip i asked why their are noassignments registered for my home. on honey it can take months for assignments to be recorded. i didnt have the guts to say its been 5 years. so do not know what i will find at foreclosure court. i did find appraisal fraud and found a time and date stamp creditt report from 2/2006 showing a credit score of 789 proving to the judge this is no deadbeat. so we are all fustrated and do not know where to turn. my lawyer tells me fraud is hard to prove but hopefully judges are starting to get it. check livinglies, neil garfields web site he has a list of lawyers from each state. its a shame everyone is effected.

By: Readdocs

Readdocs — Thu, 26 May 2011 03:32:09 +0000

In reply to Justice D. Do a search on the internet for a local mortgage/ real estate lawyer near you.

By: Justice D

Justice D — Thu, 26 May 2011 03:16:41 +0000

I NEED SOME SERIOUS HELP BECA– USE MY HOME WAS PAID OFF IN 2007 AND WATSON LAW FIRM PUT MY HOME IN FORECLOSURE BY HIS FRIENDS AT CHASE AND NOW THEY TRIED TO QUTIT CLAIM IT TO WELLS FARGO AND I KNOW THAT THE HOME IS PAID FOR AND THAT’S WHY THEY CAN’T COME UP WITH THE PAPERS BECA– USE I HAVE THEM AND I NEED A LAWERY ASAP! MY HOME IS NOT THE GREATES BUT IT’S MINE GIVEN TO ME BECA– USE OF BEING BURNED OUIT! I WAS TOLD BY A GUY NAMED THOMAS DOWN TOWN AT THE CLERK OF CLERK OFFICE THAT THEY DON’T HAVE TO CHECK THE PAPERWORK THEY JUST TAKE THE MONEY! HIM AND HIS SUPERVISOR BETTY AND THEY DON’T CARE WHO THEY HURT OR LIE ON OR STILL FROM! I NEED A LAWERY TO SUE EVERYBODY BECA– USE THEY HAVE GONE TO FAR!!! PLEASE HELP ME ASAP!!

By: Lies and more .ies

Lies and more .ies — Fri, 20 May 2011 00:16:32 +0000

why is no one even questioning the browad judges move to foreclosure lawyer employment. Doesnt that make all the foreclosure null and void a conflict of intrest where is floridahs AG

By: M.Payne

M.Payne — Thu, 19 May 2011 23:27:26 +0000

amen again. But the fat lady has not yet sung. The aria may be “Glory Halleluia”. I am not going to let them make me sick.

A lot of people are sick with stress from all this. Read Joseph Conrad’s “Heart of Darkness.” Ignore the racial stuff it was written a long time ago. It adresses the theme of past, present and future evil. I only suggest it because whatever the outcome we are going to have to continue our lives. “Apolalypse Now” is based on Conrad’s novel’s plot, whatever you think of the movie.

I love my home tho it is old and needs repairs. It is a place to lay my head and close the door on a a stressful world. Or it WAS. My comments in no way suggest we should not fight. My husband and I are taking it to court if we have to.

By: Hydesdocs

Hydesdocs — Fri, 22 Apr 2011 19:18:54 +0000

Stop trusting banks. If you’re driven to use a bank in order to recieve checks via direct deposit, go immediately
withdrawing the check, leaving only enough to keep the account active. Buy and sell using cash only in as many
situations as is possible.
Educate yourself about finance, all it’s loop holes and scams that can cheat you. Don’t trust anyone who is in the business of stocke, bonds, derivatives, or other virtual games of money. Don’t trust insurance companies, don’t trust title companies, real estate agents/brokers, appraisal agents, inspection agents, or any of the other entities involved in the buying and selling of the real estate market. If at possible, save up cash, and buy on a personal basis from an individual with the assistance of a good lawyer.
Right now in this country, there are unknown numbers of homes/properties that do not have clear titles, and
in some cases never will have a clear title because of the improper use/abuse or negligence of not filing each
step of a properties financial changes as they occurred. At least 60 million are now with suspect titles. Those fraudulently foreclosed on and resold are now with unclear titles. Those who bought and sold these questionable properties knew this before putting them back on the market. They have been selling hot or
questionable merchandise to the unsuspecting. The damage done to one of our most important rights has
suffered in some cases irreparable damage. And most of the citizens of this country are not yet aware of the
ongoing scandal and theft because the media has not been responsible in reporting this. When it finally explodes onto the public it will be an awful response of shock and anger.