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VISIT OUR WEBSITE COPY AND PASTE wellsfraudulent.wordpress.com This video is about the Corporate Criminals: Wells Fargo Bank and the corrupt Judge that allowed them to use our court system to conduct illegal, immoral, and corrupt activities. I am a single mother with two children on disability. I purchased a home in 2000. Guardian Loan Company provided the loan. They stated that my monthly payments and interest rates would be a certain amount… but the numbers kept changing and increasing… Three days after the closing, I received a new set of papers the same as the ones I’d signed at the closing… but the closing cost numbers had been increased by $12000 And there was a post it note attached requesting that I back date my signature!! Because I refused to sign the new set of closing papers and agree to an additional $12000, Guardian Loan Company did not disburse the funds to my mortgage company. Shortly thereafter, my mortgage was assigned to a bank… Wells Fargo. Shortly thereafter, Wells Fargo notified me that they would be increasing my mortgage payments. And, though it was difficult, I managed to maintain the payments. Then, in, 2006, I received a letter from Wells Fargo stating that there were delinquent payments… I knew this was a mistake and had the receipts to prove it. Nevertheless, in December 2006, I received a Notice of Default (NOD). The bank returned both November’s and December’s mortgage payments and started foreclosure proceedings against me. I …
I think that you BOUGHT A HOUSE DAMN WELL KNOWING THAT YOU COULDNT PAY FOR IT….. like most americans. I still think you should keep the house. good luck….
Your assumption is not quite valid. Mortgage payments WERE manageable, made, and made on time. This is just another example of corporate fraud.
But thank you for your comment and best wishes.
your ignorance does not mean the bank was a fraud…read the fine print honey.
i can say wells fargo bank is fraud because i went to buy a house here in oklahoma.i found out wells fargo bank owned the house so i made a offer and the accepted and come to find out there was over $4,500 back taxes owed on the house.and when i found that out i walked away from the house.wells fargo bank should have payed the taxes not the buyer of the home.i don’t plan on doing bussiness with wells fargo bank ever again they are fraud.
Notify every consumer protection group about them. Get records of all similar wells fargo victims and consider a class action lawsuit. I am sure that Wells Fargo is doing this because of severe problems and with the current economic troubles, it should not take a lot to put them under extreme scrutiny! Take care
I work for WF and you should have checked if they had a variable or fixed rate on your home. It they has a variable rate then it is going to change over time. So that might reflect on your payments obviously. Other then that if you read all your papers in detail and signed them then you agreed to all the rules and regulations in there. You just have to be a little more careful when you are making such a huge financial decision. YOU CAN ALWAYS REFINANCE WITH ANOTHER BANK.
hey go fuck yourself. Wells Fargo is a dirty, corrupt, heartless money machine. you work for the biggest pieces of shit and some of the worst liars on the planet. so, go fuck yourself biggie515
Thats how forclosed homes work genius, maybe you should understand these things before being so critical and screaming fraud.
It’s not corporate fraud. You need to go into a situation like this knowing that rates change. Guardian loan company nor most banks don’t initially offer a fixed rate loan. Just like any other bank. Every bank does this, trust me I own 4 homes, 2 loans with Wells, 1 B of A and 1 Chase…
You HAVE to read the fine print, cause they give you the paperwork and you can’t rely on them to tell you everything. If you can’t afford a ballon rate payment, you don’t need to own a house!
I’m sick of hearing all of these morons blame the banks for greed when there dumb ass should have known what they were signing. If the payment was going to adjust, IT SAYS IT ON THE LOAN DOCUMENTS! START READING AND MAYBE YOU WON’T GET FUCKED OVER SO MUCH!! And you can’t depend on a banker to tell you the entire truth on what you’re signing because they get paid quite a lot of money when the loan books! It sucks, but that’s the way it is.
I also work through Wells Fargo, and what you need to understand about a bank is that if they foreclose on a house then they’re taking a loss on that house. Chances are that house is only worth 90% of what the loan is for, and those lawyer’s fees on top of the thin profit margins they charge anyway, just think about it. Oh, and you can call every company all those things you did, a bank is a product of the banking environment which covers everything in a huge amount of red tape.
TRUST ME, anyone with issues with their mortgages who have been having issues making payments ESPECIALLY if Long and Foster, Prosperity Mortgage and Wells Fargo are involved, YOU NEED TO EITHER REVIEW EVERY PIECE OF PAPER or SEND IT TO AN ATTORNEY TO REVIEW. Look for wrong information on the application (lies to get you the loan made by the loan officer), look for non-disclosed information, such as the love triangle of these 3 companies…your are supposed to be told this in writing.
p.s. I am going to do everything I can to get the word out on this. There are already numerous lawsuits for these very same fraudulent things in my State and I now find that my daughter is a victim of it. If you do anything, you must make these people step up and take responsibility for putting you into a home that you couldn’t afford, that caused nothing but hardship and failure! They need to account for their actions and the only way that will happen is if you take action.
Wells Fargo deserves to have empty houses that IT NOW OWNS. It deserves to have to spend thousands of dollars on foreclosures. Wells Fargo made it’s own bed and now it is time for them to pay the piper for their subprime lending tactics and unethical business associations. It is my lot in life to do whatever I can to tell people what to look for and how to help themselves make these crooks pay for ruining so many lives for the love of money.
Luke, do a search on the internet …. several states are already suing them. I’m loving it….they are getting what they deserve. A lawsuit was recently won against Wells Fargo for fraud by the loan officer on the application … the attorney representing that person won a 1.25 million dollar settlement which is on appeal by Wells right now. I wish there was a way to get every single homeowner that was duped by unethical practices together for one large lawsuit.
A while back I bought a house that had been foreclosed by Wells Fargo. In my state, it’s illegal to sell a house with taxes owed against it. In the contract it was clearly initialed by a rep. A few months after closing, I get sued and almost foreclosed on for 3 years worth of back taxes. Wells Fargo deliberately foreclosed before the county could then illegally sold a house. Fuck Wells Fargo and anyone who willingly works for them or any bank.
Their credit card company is hounding my 80-year old dad half to death for money their bank ripped out of his Social Security deposits in the first place, because of overdrafts they claim he owes. They got mixed up on the account he had drawn from, but when he tried to talk to the manager of our branch, the guy acted like he didn’t care.
They’re even calling my father at his workplace, which is AGAINST THE LAW, but they don’t seem to think so. I wish the government would bail US out.
In addition, I’m really sorry for the way WF did you and I wish we could help. I’ll keep you in my prayers. Someday, they’ll get what’s coming to them.
It is not hard to find evidence Wells Fargo fraud. It’s shameful. One example starts to unfold in the You Tube video at watch?v=wfYqiynknzA&feature=channel. There are 10 videos that make up the whole. He tells the story of documented mortgage fraud involving Wells Fargo.
It is not slander if it is the truth, and your truth will cost them a lot more than they know.
I have to fight a bigger company, and I am disabled.
The insurance companies, and it will cost them too.
Insurance Fraud is promoting compensation; yet, denying it!
I since they won’t retrain me for work, guess I am going to spend the rest of my life telling the world.
“Workers Compensation neither WORKS nor COMPENSATES.”
Best wishes to you and your family
When will this stop? Who has the power and cares enough to STOP it ? Obama?
Forget HEALTH CARE,people are suffering by the thousands! The FBI really needs to investigate “AMERICA’S SERVICING COMPANY.”
If Obama really wants to do something great for this country,this is it! Stop the madness! Make the banks pay restitution to every homeowner they have screwed out of their “AMERICAN DREAM!”
What these lenders are doing to people is just criminal. I have a loan with Wells Fargo as well and have been waiting for a loan modification for 3 years now! I lost my job and got a little behind, they told me not to make any payments until a loan modification was agreed upon. When I started this my loan was at $115k, it is now at $145k. Wells Fargo took the amount that I was past due and tacked it to the back of the loan. Lenders do this to make up for the money they are losing.