Wells Fargo: Lying, Cheating, Paranoid, Vicious

Wells Fargo (WFC) is in a class by itself when it comes to treating the rule of law and human beings badly. Lying, cheating, paranoid and vicious are the first words that come to my mind in free association with Wells; read and see if you agree.

Transferring Property It Doesn’t Have

Wells’s latest violence against the rule of law was an amazing motion it filed in a consumer bankruptcy earlier this month, in which it says there’s nothing false in telling the Court it was assigned a mortgage that didn’t yet exist.

Imagine trying to spend a paycheck you hadn’t yet received, much less deposited in your Wells checking account. I bet Wells would recognize a problem with that.

See, on March 12, 2007, Anthony Patridge “Vp [sic] of loan documentation” for UBS Mortgage signed the assignment, and Patridge’s signature was notarized on March 12th too. But as Wells Fargo’s motion states, the loan itself, and the mortgage securing it, were created two days later.

Check out the rest here…