Tag Archives: Mortgage Fraud

Could Wells Fargo Have a Manual for the Fabrication of Foreclosure Documents?

Could Wells Fargo Have a Manual for the Fabrication of Foreclosure Documents?
The reason this new case is a bombshell is that so far, the cases against Wells, both in court and in the court of public opinion, have specific. Even though the abuses are often grotesque, they are noise to Wells, since the allegations of particular borrowers or individual whistleblowers seldom gets traction outside foreclosure-defense-oriented sites and local newspapers. By contrast, this suit has the potential to demonstrate that Wells ... Read more

NY To Block Bank of America Housing Abuse Settlement, Citing Fraud

By Kristen Gwynn Alternet, August 4, 2011  American Banker disclosed today The Department of Housing and Urban Development settlement with Bank of America, and in court papers filed tonight, New York Attorney General Eric Schneiderman sought to intervene in order to “protect the marketplace and the interests of New York investors, the vast majority of whom otherwise are not present before the Court in this proceeding.” ... Read more