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  • Wells Fargo v Wells Fargo: Lawyers cashing in 1 comment
    Jul 11, 2009 6:38 AM | about stocks: WFC

    www.foxbusiness.com/story/markets/al-lewis-wells-fargo-bank-sues/

    There is simply no end to the utter stupidity in the financial markets.  Wells Fargo has filed suit in a foreclosure case against, wait for it, Wells Fargo.  Itself.  Since Wells holds a first and a second mortgage on a condo the first mortgage is suing all lien holders on the property, including itself. 

    Wells Fargo's two law firms didn't return messages to explain their filings.

    Well no shit.  They're too busy laughing their asses off driving a trunk full of cash to bank thanks to Wells.  Once again where is our brilliant and fair judicial system to look at cases like this and say, "get the fuck outta here with this shit"?  I guess that would cause too much of a tear in the fraternity of lawyers.  We certainly can't have our judicial system show any signs of reasonableness. 

    So, taxpayers, who pay for the judicial system get screwed again.  This time by a bank who was handed billions from the taxpayers. 

    Themes: banking, judicial system Stocks: WFC
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  • Because the main goal of predatory mortgage lending is unfair advantage, companies like Wells Fargo aligns with shrewd foreclosure attorneys for the various benefits (including protracted litigation!!) from unlawfully seized and flipped properties, mostly by use of names mortgage companies that lack standing or are defunct. REPEATED real estate FLIPPING enable companies like Wells Fargo to file false IRS form 1099-A’s, and also file fraudulent Bankruptcy Court “Lift Automatic Stay Motions.”

     

    News reports about foreclosure proceedings which judges have rendered VOID will help raise awareness for people who are being UNLAWFULLY EVICTED AND RENDERED HOMELESS by foreclosure which are NULL, and shams. Read more at: *www.lawgrace.org/2008/.../ AND
    *www.lawgrace.org/2008/.../. ALSO especially SEE paragraph 24>> "in a foreclosure action, a bank that was not the mortgagee when suit was filed cannot cure its lack of standing by subsequently obtaining an interest in the mortgage." The entire pleading @ www.msfraud.org/law/lo...
    ALSO SEE this lawsuit: Super Future Equities Inc. v. Wells Fargo, et al.,
    @ www.bankruptcylawnetwo.../
    *Paragraph 37- “pattern of initiating litigation. . .designed to further its own interests. . . *Paragraph 38- “expanded its business activities from those of a mere loan servicer to those of a market manipulator and unscrupulous “litigation machine.”” *Paragraph 64- ““After foreclosure, . . .ORIX makes “servicing advances,” which include legal fees spent by ORIX to pursue claims against the borrowers. . . . Wells Fargo benefits from these improper foreclosures by charging inflated and unexplained “expenses”. . .

     

    Barbara Ann Jackson
    Law & Grace, Inc
    11 Jul 2009, 02:40 PM Reply Like
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