Speak up if you were a victim of Wells Fargo mortgage discrimination
Local homeowners may be able to cash in on last week’s mortgage discrimination settlement with Wells Fargo.
The bank was accused of steering black and Latino borrowers into subprime mortgages or charging them higher fees and interest rates than white borrowers. About 34,000 homeowners in 36 states, including Pennsylvania, were discriminated against, the U.S. Department of Justice said.
Wells Fargo, the nation’s largest mortgage lender, denied the allegations and said it treated all borrowers fairly. But it agreed Thursday to pay at least $175 million to settle the case.
“All too frequently, Wells Fargo’s African-American and Latino borrowers had no idea they could have gotten a better deal,” U.S. Assistant Attorney General Thomas Perez said. “No idea that white borrowers with similar credit would pay less. That is discrimination with a smile.”
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i am a victim what do i do?
I have been religiously watching and trying to keep my credit score and life under control since 2008 to no avail, after 2 foreclosures one short sale, loss of income, health, it is time to wake up??? Nothing works, just where have you been? they win we lose, I can share my stories and it doesn;t matter, own more than one home? lose your home?? unable to pay your creditors?? makes you an underclass citizen, you lose, even if you had the monies to hire a lawyer, far too costly you cannot fight the banks, they have an entire team, the Governor has went after some as well as Kamila Harris, living in California I have now learned that I have no rights, they can just run over you, doesn;t matter if it is employer, medical insurance, creditors and now the loan department, whatever laws that most made a point too follow, I now learn some are exempt from following any laws, employers just file bankruptcy or close the business and the remainder just move forward, Insurance companys refuse to cover you or pay while you are covered? the state refuses to check into any falls caused by negligence along our coast? doctors that clearly make mistakes just continue on too the next victim, taking ones entire wealth, creating a homeless situaton?? Happy Retirement days
Wells Fargo sole my loan immediately to ? ending up with Central Mortgage, federal loan? was so excited federal loan since was offered a modification, only to make on time payments for 3 yrs to have it foreclosed. single women and seniors were discriminated against, that is very clear when you compare and 800 credit score at the time and see just what sort of loan was given? during foreclosure/althought started quite clearly it would assist homeowner if they ran into problems? another lie, the loan I am told was never taken out of default, after paying for 3 yrs, additional upgrades $20,000 after modification, foreclosed? during the so called cash for keys while running behind schedule? needing 1 hour to have property completly empty leaving it in move in ready? for new tenant agent already had to move in 7/6 and we are to do walk thru 6/27 the bankers management team was too help? sent to unload my car at storage unit, came back and personal belongings were locked on truck? refused to unload? dangled 3200 check?? emotional senior living alone with dog? returned 2 totes with family pictures, one overnight bag with medication? refused to return and allow homeowner to go through and clarify what itmes did not go in truck? According to California law, should at the minimum been listed and put into storage? According to California law, agent was responsible for any events that slowed situation down, not the homeowner and not the so called management team sent to rekey and feinesse property? Contract was invalid the minute the original dictator agent sent a different agent with move out date and monies decided/also after new agent had mistakenly written 4300 instead of 4000; also after new agent since son with the other 2 pgs that homeowner had too sign or face eviction; this was all done with intimindation? according to real esate law it cancels contract? As usual there are no laws too protect the individual, contacting the police and city, it is all civil,
Speak Up If You Have Your MORTGAGE With: HSBC Bank USA.
ALL people should SPEAK UP because it ALSO DEAL WITH ALL THE WRONGFUL FORECLOSURES ON THE SUBPRIME MORTGAGES AGAINST THE HOMEOWNERS.
THE REAL TRUTH, ALL THE SUBPRIME LENDERS HAD THE RIGHT TO 4CLOSE, BUT THEY DIDN’T B/C WALL STREET CONVERTED ALL THEIR PROMISSORY NOTES TO STOCKS AND PLACED IT ALL INTO SECURITIZED ASSET BACKED RECEIVABLES TRUSTS WHICH WAS ORIGINATED BY THOSE SUBPRIME LENDERS.
THE SUBPRIME BANKS LOST THEIR RIGHT TO 4CLOSE ON THE HOMEOWNERS HAVE WENT BANKRUPT IN 2008 & CLOSED ALONG WITH THEIR TRUSTS YEARS AGO COULDN’T ASSIGN NO BANK B/C IT’S IMPOSSIBLE TO REVERSE A CONVERTED STOCK CERTIFICATE BACK INTO A PROMISSORY NOTE WHICH WAS DESTROYED B/C OF SECURITIZATION.
THOSE SUBPRIME BANKS ARE NOW DEAD BANKS AND DEAD TRUSTS.
THIS IS WHY THE 2008 BAILED OUT PRIME BANKS WELLS FARGO, BOA, & OTHERS ARE GOING AFTER THESE DEAD BANKS ARE ACTING AS A TRUSTEE OF YOUR DEAD BANK TO 4CLOSE WHEN THEY DON’T HAVE A LEGAL RIGHT TO.
THIS IS WHY THE CONSPIRACY OF ROBO SIGNING FRAUD IS OUT OF CONTROL B/C SECURITIZATION LEFT THE BACK DOOR OPEN TO THOSE HOMEOWNERS HOMES FREE AND CLEAR B/C THE GREEDY SUBPRIME LENDERS GOT SLOPPY AND DESTROYED THE DOT WHICH MAKES THE CONTRACT VOID, AND NOT EVEN WITH A 3rd PARTY BANK.
THE STATUE OF LIMITATIONS FOR YOUR LENDER TO COLLECT A DEBT IS 4 YEARS, AND YOUR BANK IS GONE 4EVER. THEY ARE NOT COMING AFTER U B/C THEY WERE PAID.
THE PLOT, Since none of these existing banks couldn’t prove that they own the loan CREATED the UPSIDE DOWN MORTGAGES, the LIES, and PERJURY to ROBOSIGN ALL THE DOCUMENTS TO BRING WRONGFUL 4CLOSURES ON HOMEOWNERS ALL OVER THE WORLD TO COLLECT THE FHA GOVERNMENT HOME INSURANCE THAT THE FHA WILL PAY 70%-80% MONIES IN THE EVENT OF A 4CLOSURE.
THAT’S WHY NO ONE WILL EVER GET A HOME REMOD B/C THAT BANK DOESN’T HAVE YOUR MORTGAGE B/C IT WAS ALL DESTROYED, THAT’S WHY THEY CAN’T PRODUCE A VALID CHAIN OF ASSIGNMENT.
THIS IS WHY THEY’RE DOUBLE DIPPING AND NOW TRIPLE DIPPING, CONSPIRING AGAINST THE GOVERNMENT STEALING MORE $s
EVERYONE WAKE UP AND COPY AND FORWARD THIS TO EVERYONE.
B/C IT’S TIME FOR THE SHEEP TO RISE AGAINST THE WOLVES.
THERE WILL BE NO MORE LIES, DECEPTION, FRAUD TO STEAL FROM THE AMERICAN PEOPLE!!! JUST TO SHIP THEIR DOLLARS INTO OFF SHORE ACCOUNTS.
THIS GAME IS OVER…