Wells Fargo standing by accuracy of foreclosure affidavits

the Wells Fargo employee, said in a March deposition in a Florida case that she processed as many as 500 affidavits in two hours without completely checking their accuracy. Lawyers for Saidman asked a.

“Our records show that Wells Fargo’s foreclosure affidavits are accurate,” said company spokeswoman Vickee Adams. When the company finds employees that don’t follow procedure, it takes “corrective.

Wells Fargo Foreclosures Proceed After Data Queried Via Bloomberg by Dakin Campbell and David Mildenberg. Wells Fargo & Co. is standing by the accuracy of its foreclosure filings and won’t follow competitors in delaying seizures, after an employee testified he signed documents for proceedings without personally reviewing records.

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A Maryland homeowner asked a court to dismiss any Wells Fargo & Co. foreclosure actions in the state that involve affidavits given by a bank employee who said she signed documents without completely.

Wells Fargo Provides Update on Foreclosure Affidavits. And Mortgage Securitizations. DES MOINES, October 27, 2010 – Wells Fargo & Company (NYSE: WFC) is continuing its ongoing efforts to monitor and assess its foreclosure affidavit procedures.

The second largest servicer in the United States, Wells Fargo is not planning to review foreclosure affidavits in light of the robo-signer allegations at many of its competitors. In an email to.

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Wells Fargo will not suspend foreclosures and stands by the accuracy of its affidavits, Jason Menke, a spokesman for the San Francisco-based bank, told HousingWire.

If you’re in foreclosure, you might be able to fight back if the foreclosing party used defective or faulty affidavits or declarations in its case against you.. Generally, when people think of defective foreclosure affidavits, the first thing that comes to mind is the robosigning scandal where mortgage servicers filed thousands of unverified, fraudulent affidavits in judicial foreclosures.

With respect to the issue of standing which is raised in the defendant’s answer (but not asserted in her opposition papers), plaintiff has submitted sufficient evidence in the form of the affidavits from the Wells Fargo’s vice presidents of loan documentation to prove Wells Fargo had standing as the holder of the promissory note which was.

As part of the Office of the Inspector General’s (OIG) nationwide effort to review the foreclosure practices of the five largest Federal housing administration (fha) mortgage servicers, (Bank of America, Wells Fargo Bank, CitiMortgage, JP Morgan Chase, and Ally Financial, Inc.) we reviewed Wells Fargo’s foreclosure and claims processes.

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