Consumption and Real Estate
Mr Mortgage Exposes Wells Fargo’s Toxic Waste 4/7/08
second home mortgage
Visit my new blog… mrmortgage.ml-implode.com Wells Fargo Subprime toxic waste exposed. Do they have to raise capital? Mr Mortgage shows a 2006 Wells rate sheet. This is hard evidence of Wells doing nasty subprime loans for borrowers with scores as low as 500 and 120-day mortgage late payments, which is essentially foreclosure status. They did not sell this directly to consumers, rather used correspondents like New Century, Accredited, Countrywide etc to rebrand the programs and sell them as their own. This is a very common practice but this just proves Wells is dirtier than most. First, because not everyone did subprime. Second, because they lied of course.
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#2 written by ecoweho11 1 year ago
Absolutely shocking Wells Fargo has been cooking the books and denying vigorously that they don’t have a lot of subprime when it fact they have one of the most of any bank in the world. Why would a company “BEG” for $25 billion in corporate welfare bailout money, which they received, if they didn’t have any mortgage losses? The management at WF needs to be in prison for lying even worse than ENRON.
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#9 written by dbadassboy 1 year ago
At all relevant times they either knew or they reasonably
should have known, that the acts, actions and failure to
act of its managers, supervisors and agents would and
did proximity result in mental physical and emotional
injury to me including pain suffering and depression and mental anguish.I. Don Darryl
310-922-9740
Team Lead Mortgage Loan Operations
Schaumburg, IL -
#10 written by dbadassboy 1 year ago
Wells Fargo Fraud I know how they work
I am a former supervisor
who worked at the sweatshop
in Schaumburg, IL
I know all about the fraud and
predatory lending practices
I filed a lawsuit
Disability Discrimination
Failure to accommodate
multiple civil rights violations.
They kicked me to curb
and refused to honor my
request for COBRAI Don Darryl
Chicago -
#13 written by warrenmcurrier 1 year ago
I’ve got a combined total of $140k in BofA and Citi… today, Sunday, Aug 23, 2009!
This coming week I’m going to move this cash out of those two businesses, and place $100k in Wells, $20k in Banco Santander, and $20k into something ‘offshore’ (SwissFrancs, RMB, or gold… not sure yet)
Wells looks fine to me.
Read your contracts, don’t spend what you don’t have/can’t afford. Live below your means…
or, don’t.
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#14 written by dbadassboy 1 year ago
My civil rights were violated by Wells Fargo Home Mortgage, I told Natasha Sears and Eileen Sotak at EEOC. They were kind enough to spend two years investigating my complaint; they found reasonable cause to believe my claims, ruled in my favor and issued a final determination.
During that investigation multiple civil rights violations were observed and noted by EEOC. -
#16 written by dbadassboy 1 year ago
I believe Ms. Natasha Sears and Eileen Sotak should be required to execute affidavits regarding their findings.
I believe that LA Superior Court was negligent and violated my right to privacy and confidentiality and knowingly allowed Tami Ohana and Edith Stern to continue with the racism that was common over the years. -
#18 written by kaykaymac 1 year ago
yes well fargo did take the bail out money and used it to provide consumer loans and then in less than a month paid the bail out money back. the were actually told to take the bail out money along with other bank to provide stimulus because many banks needed it. Further more wells fargo is not a discriminating bank and to even think that is obsurd. you people really need to check your sources of information !
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#20 written by eyeinkassit 1 year ago
fargo made me and broke me ,,, they knew exactly what they were doing ….. 1 property became………… 6 with a business…….alot of money on paper??!!!!!!! over night!!!!!!!
…. now these are the times,,,, losing jobs no money on the street all these tenants running out of town” new york city” ???? would love to see the turn around ???? but how much am i am going to still be holding ?????what the f%&#$#%%^%&)(??????? -
#23 written by WhistleBlowa1 1 year ago
I was in a similar company that uses PHONE BANKS as huge gaming networks, to share, compound AND REPORT the false sales THIS COMPANY CLAIMS on a daily basis. I expect a WF employee to laugh at my description of “Hoogan” and the “SSTS system”
Cheats will go down, down down eventually. Hope Im there to show the courts all these emails I have!
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You are crazy, Would that be possible they sell off most of the Toxic Waste before all this happen????