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Loan Modification

: Mortgage Lender Implode-o-Meter

Buffett's Pet Bank Joins The Fraudclosure Circus: Wells Caught Lying About Affidavit Practices After Clerk Admits She RoboSigned

By Implode-Explode Heavy Industries

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``Wells Fargo, which up until now has fervently denied it engaged in robosigning and thus refused to halt foreclosures, has just been caught red-handed by the FT... Per the FT: "Legal documents obtained by the Financial Times suggest that Wells Fargo, the second-largest US mortgage servicer, also used a ?robo signer?. Unlike its rivals, Wells Fargo has not halted foreclosures.''

Full post as published by Mortgage Lender Implode-o-Meter on October 14, 2010 (boomark / email).

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