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Wells Fargo bogus accounts balloon to 3.5 million: lawyers

by Fraud Stoppers Admin | May 13, 2017 | Foreclosure Defense News, Tactics, and Tips

Wells Fargo bogus accounts balloon to 3.5 million: lawyers Wells Fargo & Co may have opened as many as 3.5 million unauthorized customer accounts, far more than previously estimated, according to lawyers seeking approval of a $142 million settlement over the...

The city of Philadelphia just gave Wells Fargo its walking papers

by Fraud Stoppers Admin | May 3, 2017 | Foreclosure Defense News, Tactics, and Tips

The city of Philadelphia just gave Wells Fargo its walking papers Wells Fargo has lost the contract it held for Philadelphia’s $2 billion payroll account. The bank’s public standing continues to suffer even as it has sought to correct problems tied to the fake-account...

OCC blames itself for not investigating Wells Fargo sooner for Foreclosure Fraud

by Fraud Stoppers Admin | Apr 20, 2017 | Foreclosure Defense News, Tactics, and Tips

If you are in foreclosure and you have a loan with Wells Fargo you should know that a federal regulator on Wednesday criticized its oversight of Wells Fargo’s sales practices, saying it failed to act quickly enough once it learned of problems at the San Francisco...

$5M Jury Award for Foreclosure Fraud Case

by Fraud Stoppers Admin | Apr 18, 2017 | Foreclosure Defense News, Tactics, and Tips

David Dayen Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud Hardcover – May 17, 2016 Click on book to purchase it right now! A Texas jury’s recent decision to award over $5 million in damages and fees for the...

FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update April 18, 2017

by Fraud Stoppers Admin | Apr 18, 2017 | Foreclosure Defense News, Tactics, and Tips

FRAUD STOPPERS PMA Mortgage Foreclosure Defense Blog Update April 18, 2017 100 INTRODUCTORY FACTS ABOUT MORTGAGE SECURITIZATION By LYNN E. SZYMONIAK, ESQ., ED., Fraud Digest (www.frauddigest.com) LISA EPSTEIN, www.foreclosurehamlet.org 1. Most mortgages in the...