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November 1, 2016

Banks and Servicers Really DO Tell Homeowners Not to Pay — To Trap Them Into Foreclosure

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The story is basically the same. Hundreds of thousands of homeowners were told that in order to get refinancing or modification they needed to stop paying their monthly mortgage payments. This was a ruse. It was also practicing law without a license. It was a lie aimed at trapping homeowners into a position where they …

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Wells Fargo workers describe mental health nightmares

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Current, former employees describe high-pressure work environment.  If you think working for Wells Fargo is stressfu- you ought to have them illegally foreclose on your home! http://www.wmdt.com/life/money/wells-fargo-workers-describe-mental-health-nightmares/42240548?item=0 By Matt Egan NEW YORK (CNNMoney) – For Janis Barinsky, a former Wells Fargo banker, it started with stress-induced migraines and severe anxiety. She says trying to balance …

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Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they "defaulted" on their Mortgage loans

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Wells Fargo & Co have agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they defaulted on their mortgage loans. The proposed settlement, which requires court approval, was disclosed in a filing on Friday in an Oakland, California federal court. If …

Wells Fargo & Co has agreed to pay $50 million to settle a racketeering lawsuit accusing it of overcharging hundreds of thousands of homeowners for appraisals ordered after they "defaulted" on their Mortgage loans Read More »

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