Wells Fargo May Still Be Practicing Robo-signing Even After the Foreclosure Settlement
It appears that Wells Fargo just doesn’t get it. A little over a year ago, action was taken agains 8 of the largest mortgage loan servicers for “unsafe and unsound” (is that a nice way to say “fraudulent”?) foreclosure practices. Wells Fargo was one of the mortgage servicers who were participating in these “unsafe foreclosure actions” otherwise known as the “robo-signing scandal”.
Banks Agree to Pay $25 Billion in Foreclosure Settlement
Just a few weeks ago, a judge ruled in favor of a $25 billion dollar foreclosure settlement against the banks who were participating in these practices. The banks who agreed to the settlement were Bank of America Corp., JPMorgan Chase & Co., Wells Fargo & Co., Citibank, and Ally Financial Inc.
The Wells Fargo Foreclosure Factory…
Wells Fargo’s Foreclosure Factory Signing Docs as VP’s
Search Winston-Salem Foreclosures
As bad as robo-signing is, it’s a fact that many folks have lost their homes over the last few years. Many of those homes are now bank owned REO’s and are listed on the local Triad MLS. If you are looking for a foreclosure deal in the Winston-Salem area, look no further. You can find them at the link below.
Search Winston-Salem Bank Owned REO Foreclosures on the MLS
I’m here to help you with buying Winston-Salem foreclosures whether you’re a first time home buyer, move up buyer or real estate investor. I promise to work hard for you and keep your best interests first. Don’t hesitate to contact me when you’re ready to buy a great deal on a Winston-Salem bank owned REO property. You can call/text me at 336.287.4423. I’ve helped hundreds of people by foreclosure properties, and I look forward to helping you too!
