Comments on: Wells Fargo Charged With Fraud In Mortgage Morass https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Thu, 17 Apr 2014 22:46:31 +0000 hourly 1 https://wordpress.org/?v=7.0.1 By: terryjw (@terryjw) https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-437032 Thu, 17 Apr 2014 22:46:31 +0000 https://4closurefraud.org/?p=7456#comment-437032 In reply to Mike.

Right F’n on Bro…I had to answer this as it was penned on my birthday!!!FWF

]]> By: karrie https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-22773 Fri, 04 Mar 2011 16:12:29 +0000 https://4closurefraud.org/?p=7456#comment-22773 Donna, hang in there, thank you for blazing a trail, I am still pursuing our options to do the same. I signed your petition also. Don’t give up, the pressure on the govt and banks is growing.

]]> By: Thomas Perusi https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-18820 Fri, 28 Jan 2011 04:05:04 +0000 https://4closurefraud.org/?p=7456#comment-18820 I tried to work with wells fargo for 3 years on a short sale or deed in lieu and they refused to work with me or my 3 or 4 Realtors. They finally put it up for auction when I had my 3rd short sale setup and all paper work in for $230,000. Wells fargo bought it back at auction for $148,000 and sent me a 1099 for the difference of the 400,000 loan and the $148 k they bought it back. We where turned down for loans on this property and was happy we did not qualify because we where scammed into investing by what we thought was a close friend. Wells fargo made sure we got the loan because they where the bank the condo was using even though they knew we did not qualify. If anyone can help me with info about civil lawsuit or anything please write me back. The property was in Florida and I live in Tennessee and every time I have contacted a lawyer they say I need a florida lawyer and when I call them they say I need a lawyer from up here. I have lost so much money on a $50,000 dollar investment which is now up to $250.000 and with the 1099 they made it easy for the IRS to come after me now. Please Please I need help thank you tducksoup1@yahoo.com

]]> By: Mike https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-18000 Sun, 16 Jan 2011 18:13:11 +0000 https://4closurefraud.org/?p=7456#comment-18000 People, we need to stop rolling over and taking it from the bankers and the government, we need to take to the streets and even use violence if necessary to TAKE OUR COUNTRY AND FREEDOMS BACK!!!!!!!!!!!

We should hang the bankers and the law makers that they influenced that allowed this to happen.

]]> By: FUTURE https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-7473 Tue, 12 Oct 2010 20:21:12 +0000 https://4closurefraud.org/?p=7456#comment-7473 I have exhuasted my admin remedy. no one from the bank answered any of my questions and it is 80 days now. what do i do in the court room to file a default….?

i sent the request for not with allonge
i sent qualified written request given 60 days to respond per tila
i sent the letter given 3 days more to respond

im in maryland

thanks so much!!!

]]> By: donna https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-3239 Thu, 15 Jul 2010 02:43:34 +0000 https://4closurefraud.org/?p=7456#comment-3239 Wells Fargo committed prosecutable crime against us. We lost our home. Something is wrong with this picture. Here are the facts.

1. it is illegal for Wells Fargo to make mortgage loan to us based on hugely inflated appraisal.

Fact: – Wells Fargo’s fraudulent appraisal valued our home at $718,000

– Wells Fargo’s own review appraisal valued our home at $475,000

– Nevada Attorney General’s office suspended the appraiser’s license for committing appraisal fraud on our home.

– Nevada Appraiser Licensing Board mandated the appraiser to complete appraisal fraud course before regaining his real estate appraiser license.

– Nevada Revised Statue NRS 205.372 states that it’s category C felony to make mortgage loans based on fraudulent appraisal.

– Cases of Attorney General’s indictments against attorneys, loan brokers for teaming up make fraudulent loans to defraud homeowners.

2. it is illegal for Wells Fargo to wrongfully foreclose our home based on fraudulent appraisal and mortgage loan.

You can find all the facts on our website. http://www.wellsfargomortgagefraud.com

]]> By: Michael https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-3227 Wed, 14 Jul 2010 18:56:21 +0000 https://4closurefraud.org/?p=7456#comment-3227 Uh, yeah… Investors had no idea the loans weren’t sustainable unless they were continually flipped and refinanced, with lots of fees for all of course paid for by homeowners. Sophisticated, professional money managers with MBA’s from Ivy League schools .. no idea.

But the borrowers who were run through the mortgage making machine like a cow being led to the slaughterhouse had the responsibility to know. Investors … here’s your $12 trillion bailout. If we hadn’t given it to you those notes would have been sold for a few cents on the dollars to new banks that could have refi’d them under sustainable payment terms. You’d have lost your shirts but I think that’s part of the risk of investing. Homeowners, on the other hand, here’s your rocket docket.

]]> By: Richard F. Kessler https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-3228 Wed, 14 Jul 2010 18:37:09 +0000 https://4closurefraud.org/?p=7456#comment-3228 Mr. Acs and IBARC are not mainstream and leave me credulous. This report strikes me like the 13th chime on a grandfather’s clock. Not only is it absurd but it also calls the preceding 12 into question.

]]> By: Elyse https://4closurefraud.org/2010/07/14/wells-fargo-charged-with-fraud-in-mortgage-morass/#comment-3226 Wed, 14 Jul 2010 18:21:59 +0000 https://4closurefraud.org/?p=7456#comment-3226 I would urge anyone reading this blog to watch this video, below, even if you have to type it into your browser…it is a 90 minute explanation of what caused the mortgage meltdown…

Would love to hear back from some of you…
Elyse
(888) 771-6611

http://www.hulu.com/watch/59026/cnbc-originals-house-of-cards

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