COCHRANE ENTERS WELLS FARGO DATA AND CONTACTS

I ran a report of Wells Fargo Bank, National Association, Sioux Falls SD to see that part of organization as related to the refinancing date of my mortgage.

The ‘Originator’ was and employee of Wells Fargo Home Mortgage employees of a storefront in NJ. Are they really employees of a national bank because Wells Fargo Home Mortgage, Inc. merged out of existence? Would that include all of the former names? Norwest Mortgage? GMAC Mortgage Corp? BANCO Mortgage? Directors Mortgage Loan? and in the agreements of the securities you’ll find the bank names that belong to Wells Fargo & Co. parent, marketed as Wells Fargo Bank NA. Why are we not protected from deceptive advertising regarding financial products and financial services placed into the public domain for consumer consumption? That means we would be protected by the FTC but we are not when it comes to banks. Why not when the banks used the names to mask the fact they took consumer credit application into a secret pipeline and sold loans at a discount. We were so stupid.
“Stupid People sign stupid contracts all the time.” K.Petrides JD. one of my favorite professors who has lots of real experience as a former Chief of Staff of a New Jersey legislature.
Example of one bank name that handled mucho transactions:

-* NORWEST BANK MINNESOTA, NATIONAL ASSOCIATION (995151)

NOTE:
OCC notice was for Wells Fargo & Co/MN
Wells Fargo Bank, National Association
101 North Phillips Ave, Sioux Falls, SD

Why was the Cease & Decisit issued? Will it be just the 2009 foreclosues forward that are to be reviewed if they were processed lawfully? What about before 2009?

If you are not familiar with the ffiec.gov you can pull up entities and figure out when and what name they use to operate under and if they are part of the Federal Reserve System. If not, who then was the bank you did business with? They have thousands of affiliates, brokers, dealers, agents, distributors, wholesale and retail who do business with you under the name of Wells Fargo Bank NA or take your deals to them.

Here is http://www.ffiec.gov Federal Reserve Repository information. Each line with a # is related in how currency is reported to Federal Reserve by the Parent. Wells Fargo & Co. RSSDID -1120754 is a higher level organization.

This is a limited view 12/31/2006. Institution History shows details. Organization Hierarchy reveals parent. You can change date to search by parent to create a report of the entity as it existed the year or day you closed.

http://www.ffiec.gov/nicpubweb/nicweb/InstitutionProfile.aspx?parID_RSSD=451965&parDT_END=99991231

WELLS FARGO BANK, NATIONAL ASSOCIATION (451965) as of 12/31/2006

How you follow how the money flows is the #1 is the main entity. Each line increments and following the RSSD ID(xxxxxx) # is the relationship to the entity above it.

1 * WELLS FARGO BANK, NATIONAL ASSOCIATION (451965) SIOUX FALLS SD National Bank
2 -* + BANK OF BERTRAND (347657) 1 BERTRAND NE Non-member Bank
3 -* + SHANGHAI COMMERCIAL BANK LIMITED (1242535) 1 HONG KONG HONG KONG F o r e i g n B a n k i n g
Organization
4 -* AMERICAN SECURITIES COMPANY (1348651) 1 SAN FRANCISCO CA Domestic Entity Other
5 -* COPPER ASSET MANAGEMENT, INC. (1852877) 1 LAS VEGAS NV Domestic Entity Other
33 ——-* WELLS FARGO SECURITIES, LLC (2983367) 32 SAN FRANCISCO CA Securities Broker/Dealer
35 ——* BITTERROOT ASSET MANAGEMENT, INC. (3016011) 9 MINNEAPOLIS MN Domestic Entity Other
36 ——-* JERBOA FUNDING, LLC (3201899) 35 LAS VEGAS NV Finance Company
58 -* WELLS FARGO VENTURES, LLC (2330626) 1 DES MOINES IA Domestic Entity Other
116 –* PNC MORTGAGE, LLC (3382471) 58 FAIRFAX VA Domestic Entity Other
118 –* CAPSTONE HOME MORTGAGE, LLC (3387476) 58 TRINITY FL Domestic Entity Othe
122 –* CHL HOME MORTGAGE, LLC (3393141) 58 LABELLE FL Domestic Entity Other
161 –* EDWARD JONES MORTGAGE, LLC (2687946) 58 MINNEAPOLIS MN Domestic Entity Other
162 –* HOMESERVICES LENDING, LLC (2724047) 58 EDINA MN Domestic Entity Other
163 –* PINNACLE MORTGAGE OF NEVADA, LLC (2763103) 58 SPARKS NV Domestic Entity Other
173 –* RELATED FINANCIAL, LLC (3072866) 58 MIAMI FL Domestic Entity Other
179 –* DH FINANCIAL, LLC (3101935) 58 YARDLEY PA Domestic Entity Other186 –* UBS MORTGAGE, LLC (3133619) 58 EDINA MN Domestic Entity Other199 –* MORTGAGES UNLIMITED, LLC (3199428) 58 NORTH CHARLESTON SC Domestic Entity Other
200 –* WF-KW, LLC (3201200) 58 DES MOINES IA Domestic Entity Other
201 –* SECURITY FIRST FINANCIAL GROUP, LLC (3201901) 58 DAYTONA BEACH FL Domestic Entity Other
208 -* WELLS FARGO REAL ESTATE TAX SERVICES, LLC (2377304) 1 DES MOINES IA Domestic Entity Other
209 -* WELLS FARGO CASH CENTERS, INC. (2468350) 1 SAN FRANCISCO CA Domestic Entity Other
210 -* WELLS FARGO ASSET SECURITIES CORPORATION (2495208) 1 DES MOINES IA Domestic Entity Other
-* WELLS FARGO DELAWARE TRUST COMPANY (3120954) 1 WILMINGTON DE Non-deposit Trust Company – Non-member
212 -* WELLS FARGO BANK INTERNATIONAL (680756) 1 MINNEAPOLIS MN Edge Corporation –
213 –* WELLS FARGO SECURITISATION SERVICES LIMITED (3117543) 212 LONDON ENGLAND I n t e r n a t io n a l N o nbank Sub of Domestic Entities
215 -* AMERICAN SECURITIES COMPANY OF NEVADA (2525329) 1 SAN FRANCISCO
CA Domestic Entity Other
232 -* WELLS FARGO DELAWARE TRUST COMPANY (3120954) 1 WILMINGTON DE Non-deposit Trust
Company – Non-member
238 -* WELLS FARGO FOOTHILL, LLC (3197200) 1 SANTA MONICA CA Finance Company
243 -* WELLS CAPITAL MANAGEMENT INCORPORATED (1023725) 1 LOS ANGELES CA Domestic Entity Other
252 -* WELLS FARGO EQUIPMENT FINANCE, INC. (1149885) #1 MINNEAPOLIS MN Finance Company
253 –* TAI TITLE TRUST (3104150) 252 MINNEAPOLIS MN Domestic Entity Other

Total Records: 253
WELLS FARGO BANK, NATIONAL ASSOCIATION (451965) as of 12/31/2006
* Institutions Matching Selection Rule.
+ For purposes of Regulation Y, the top-tier reporter’s ownership level in this banking organization does not meet the definition of “control”; however, the ownership level does meet the FY Y-10/10F reportability criteria as this banking relationship is regulated by the Federal Reserve.
^ Although this relationship is not governed by U.S. banking statutes, it is included because it is of interest to the Federal Reserve.

Its not a coincidence that Wells Fargo Home Mortgage, Inc. was merged out of existence into Wells Fargo Bank, National Association Sioux Falls SD May 2004.

BANCO Mortgage, Norwest Mortgage, Directors Mortgage Loan Corp, Wells Fargo Home Mortgage, Inc., fictitious name of America’s Servicing Company, GMAC Mortgage of Iowa… all very interesting in that every agreement ‘Wells Fargo Bank NA’ used as a private brand label in the transactions which harmed all of us.

Event Date Historical Event
1958-10-02 DIRECTORS MORTGAGE LOAN CORP. located at RIVERSIDE, CA was established as a Domestic Entity Other.
1995-03-13 DIRECTORS MORTGAGE LOAN CORP. moved to 405 SOUTHWEST 5TH STREET DES MOINES, IA.
1995-09-01 DIRECTORS MORTGAGE LOAN CORP. was renamed to NORWEST MORTGAGE, INC..
2000-04-14 NORWEST MORTGAGE, INC. was renamed to WELLS FARGO HOME MORTGAGE, INC..
2004-05-08 WELLS FARGO HOME MORTGAGE, INC. was acquired by WELLS FARGO BANK, NATIONAL ASSOCIATION

Tags: borrower, disclosure, foreclosure, foreclosure defense, foreclosure offense, fraud, Lender Liability, rescission, securitization, TILA audit, trustee, Wells Fargo
Posted in bubble, Corruption, Eviction, securities fraud |