In the latest development, a Superior Court Judge in Los Angeles recently certified a 2005 lending discriminationlawsuit against Wells Fargo as a class action case.
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A Yucaipa college student could become the point man in a national class-action lawsuit after stumbling into what his attorney calls a "hidden profit center" in 2002 when he applied for a Wells Fargo credit card, according to a federal lawsuit filed last year.
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Update of January 4, 2010: Wells Fargo, already being sued by Baltimore for targeting people of color with high cost loans, has now been hit with a similar law suit in Memphis, Tennessee. "Ghetto loans," they call them.
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The lawsuit claims that lending practices conducted by Wells Fargo and HSBC constitute disparate treatment/impact upon African-Americans and violate the Fair Housing Act, Equal Credit Opportunity Act and the Civil Rights Act (sections 1981 and 1982). Among other requests, the NAACP brings this lawsuit seeking equitable...
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View Lawsuit Information, Contact Lawyers and Attorneys for Wells Fargo . Wells Fargo & Co. has settled a class-action lawsuit over lending practices at its Wells Fargo Financial Inc.'s mortgage unit, which focuses on the subprime market. ... San Francisco-based Wells Fargo is the fifth-largest U.S. bank by assets.
I want to reach out to everybody that has been rip-off by the thieves with license to form a group and file a class action lawsuit against them. I been in a ... WELLS FARGO HOME MORTGAGE, WELLS FARGO WILL NOT APPLY MORTGAGE PAYMENTS AFTER FILING FOR MODIFICATION STILL WAITING TO HEAR IF APPROVED CAROL STREAM, Illinois...
Wells Fargo agreed on Monday to a $6.7 million settlement of a class-action lawsuit that accused the banking giant of illegally selling customers' financial information to telemarketers. The ... Lawyers in the case estimate that of the 6 million class members about 500000 are expected to take advantage of the free services.
12/9/2008 Bart F. says: All Wells Fargo customers from November 15, 2004, to June 30, 2008, who incurred overdraft fees on debit transactions as a result of the bank's practice of sequencing transactions from highest to lowest - will be part of this class action lawsuit. Apr 28, 2010 ... The Charleston-based law firm Bailey & Glasser said it has obtained class-action status in alawsuit against Wells Fargo & Co. involving ...
Wells Fargo's Alleged Fraud ... The complaints charge that Wells Fargo does not record charges and purchases on ATM or debit cards in the order they actually occurred. Instead, Wells Fargo reorders the charges and purchases so that the largest charge or purchase is ... Wells Fargo Abusive Overdraft Fees Class ActionLawsuit...
In early 2003, ACORN kicked off a campaign against Wells Fargo's predatory lending practices. In May, ACORN released a report on the company, "Stop the Stage Coach! An Overview of Wells Fargo's Predatory Lending," and held protests at local Wells branches in dozens of cities.
For example, Wells Fargo Bank does it right. Everything that comes from Wells Fargo is sent by ... Be aware of Domainsponsor scam company. This company operates under domainsponsor and oversee names and washes money via oversee company. Tax fraud and cheating is what they do. Stay away from them.Classaction lawsuit is coming...
The class action lawsuit was filed on behalf of investors in the five Special Purpose Corporations, MP II, MP III, MP IV, MP V, and MP VI, (“SPCs”) created by MCH to raise ... Securities Arbitration Claim Filed Against Wells Fargo Advisors, LLC by The Securities Law Firm of Tramont Guerra & Núñez, PA 2009-09-03...
SEATTLE – Today two real-estate appraisers filed a proposed class-action lawsuit against Wells Fargo(NYSE: WFC) and Rels Valuation, an appraisal management service, claiming the two organizations pressured and intimidated appraisers to deliver artificially inflated home appraisal values to help close loans and...
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Showing posts with label Class Action. Show all posts
Showing posts with label Class Action. Show all posts
Thursday, April 29, 2010
WELLS FARGO CLASS ACTION LAWSUIT UPDATE
Saturday, March 20, 2010
WELLS FARGO CLASS ACTION LAWSUIT
DID YOU BELIEVE YOUR MORTGAGE LOAN MIGHT BE MODIFIED?
This is a great place to start if you would like to find the security pool trust your mortgage loan is in.
Individual mortgage loans are bundled and pooled together with thousands of other mortgage loans the same month and year you puchased your home.
http://www.realdealdocs.com/SearchResults.aspx

DID YOU PAY AN APPLICATION FEE FOR A LOAN MOD?
DID YOU PAY AN APPRAISAL FEE?
DID YOU REQUEST A LOAN MODIFICATION?
DID YOU FAX FINANCIAL INFORMATION IN FOR A LOAN MOD?
DID YOU BELIEVE YOU WERE UNDER CONSIDERATION FOR A LOAN MOD?
If you would like to participate in this class action suit please contact me: ctsmyhon@yahoo.com
WELLS FARGO CAN NOT MODIFY MORTGAGE LOANS
WELLS FARGO IS A MORTGAGE LOAN SERVICER
YOUR MORTGAGE LOAN IS OWNED BY INVESTORS AND
WELLS FARGO MUST FOLLOW THE INVESTOR'S RULES
THE INVESTOR IS A MORTGAGE BACKED SECURITIES TRUST
Lately we've been absolutely flooded with e-mails, letters, and phone calls from homeowners desperate for help! Wells Fargo has been holding out for months on the loan modifications they've promised.
May I tell you why?
Because Wells Fargo can't modify mortgage loans. If you think this just can't be true, ask Wells who owns your mortgage loan. They will tell you an investor. Over 90% of all mortgage loans owned by Wells Fargo are owned by a mortgage backed securities trust. And the guidelines of this trust do not allow any modifications to be made to the loan.
If you push and push and push and write the Federal Trade Commission, the President of Wells Fargo, the Office of the Comptroller, the President of the United States, and the FDIC, you will eventually receive a letter explaining all of the above. And, as a result, Wells Fargo will finally stop making you jump through hoops milking you for every dollar you are worth and tell you "WFHM is regrettably unable to honor your request for a loan modification."
Because they do not own your loan.
NOW, HOW WOULD YOU LIKE SOME GOOD NEWS?
FORECLOSE? WELLS FARGO CAN'T LEGALLY DO THAT EITHER!
(but you must know the laws.)
Stop Believing Wells Fargo.
ONLY THE OWNER, IN POSSESSION OF, YOUR ORIGINAL PROMISSORY NOTE, ---- THE HOLDER OF YOUR ORIGINAL NOTE WITH ORIGINAL SIGNATURES, NOT A COPY, THE ABSOLUTE ORIGINAL YOU SIGNED WHEN YOU FIRST SIGNED YOUR FIRST MORTGAGE WHEN IT WAS ORIGINATED THE FIRST YEAR ---- WILL BE RECOGNIZED BY THE COURT AS THE THE TRUE PARTY OF INTEREST IN A FORECLOSURE ACTION.
NO ORIGINAL NOTE, NO STANDING.
THE CUSTODIAN OF THE RECORDS OF THE LENDER HOLDS THE NOTES
IMPORTANT: If you go to any business of any kind and purchase a mortgage loan, and within a few days or months or years the loan is assigned to a different entity, and then serviced by that entity, your is a SECURITIZED loan. Over 90% of allexisting mortgage loans have been securitized, sold into the secondary market, the securities market, sold and trade on Wall Street like any other investment. These investments are referred to in general as "mortgage backed assets."
It is not legally possible to rejoin the note and mortgage by subsequent assignment of the mortgage to the plaintiff. Once the mortgage was held by a separate entity than the note, the mortgage was no longer of any legal effect and should have been immediately released by the entity holding the mortgage.
Most mortgage loans have been securitized into the secondary market. Subprime market. All of those loans can be challenged in a foreclosure. The loans have been bought and sold so many times into Trusts between various securities held among the major lenders, with the lenders failing to dually record the real property transfersas required by each states land conveyance statutes, deeming each and every transaction that took place after the moment you purchased your property invalid, by fault of the lender now holding the mortgage. Basically, they have to eat it.
IF YOUR MORTGAGE COMPANY HAS BEEN FAIR WITH YOU, THEN I ENCOURAGE YOU TO TREAT THEM FAIRLY.
HOWEVER, IF YOUR MORTGAGE COMPANY HAS HURT YOU, I ENCOURAGE YOU TO DO WHAT YOU CAN TO HAVE WHAT IS RIGHTFULLY YOURS JUST FOR THE ASKING. IT IS VERY EASY TO SUBMIT A FAX FILING TO YOUR COUNTY COURT.
IF YOU HAVE LOST YOUR HOME, OR IF YOU ARE FEARFUL YOU MAY, NOW IS THE TIME TO ASSERT YOUR RIGHTS. HOMEOWNER'S MUST SEND BIG BANKS THE MESSAGE THEY WILL NEVER AGAIN BE ALLOWED TO TAKE CONTROL OF THE AMERICAN DREAM.
MOST COURTS ENCOURAGE FAX FILINGS. IF YOU NEED HELP FINDING THE RULES IN YOUR JURISDICTION, FEEL FREE TO CONTACT US.
"When injustice becomes law, resistance becomes duty"
-Thomas Jefferson
-Thomas Jefferson
- Kelly L. Hansen,esq (expect success quickly!)
ON FIRE Vigilante!
Changing WFHM Victims to VICTORIES!
33605 W. 88th Street
De Soto, KS 66018
913-529-9837 Phone - 913-273-1448 Fax
ctsmyhon@yahoo.com
This is a great place to start if you would like to find the security pool trust your mortgage loan is in.
Individual mortgage loans are bundled and pooled together with thousands of other mortgage loans the same month and year you puchased your home.
http://www.realdealdocs.com/SearchResults.aspx
To view one of the legal documents below, click on its title.
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