WELLS FARGO MAKES HUGE ERROR ADMITTING LACK OF POWER TO BIND CREDITOR TO MODIFICATIONS OR SETTLEMENTS The simple truth is that the banks are not nearly as interested in the property as they are in the foreclosure. It is the foreclosure sale that creates the illusion of a stamp of approval from the state government […]

Tags: Bank of America, bank of new york, conversion of promissory note to mortgage bond, DEED OF TRUST, enforceability, intermediaries, Mortgage, promissory note, real parties in interest, securitization, U.S. Bank, Wells Fargo
Posted in Corruption, Eviction, securities fraud |